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NIPOST has just declared war on SMEs in Nigeria, sadly on the eve of the #LagosSMEbootcamp. Logistics has become a flashpoint of trade during COVID, many SMEs relying on it for transactions, & many youths who lost income elsewhere investing. What is happening is a tragedy. Thread
NIPOST is one of those regulators in Nigeria that doubles as a player, ie also competing with Nigerians who struggle to make the system better. An inefficient regulator stifling the growth of the sector to Favour its inefficiencies. I have two friends in entertainment, a DJ & MC.
Their business halted. Both have invested in logistics. The volumes of delivery transactions shot up as retail moved online & transactions moved from physical to virtual. Logistics became the biggest enabler to tech for trade. The largest part being SMEs. NIPOST wants to kill it.
