If you are doing a business that you couldn’t afford the regulator’s entry fees (or didn’t bother to register?) when it was still affordable, should you make noise when the fee is increased?
I don’t know. Just asking.
NIPOST is a key player and regulator in the courier business in Nigeria.
FGN needs to separate the regulatory functions of #NIPOST to a different body. You shouldn’t be a referee in a game you are competing in 🤷🏽♂️
NIPOST has just raised the #BarrierToEntry to restrict the number of its competitors 🤣.
This could create great opportunities for a new breed of entrepreneurs. The risk is that the “goal post” could be shifted anytime by #NIPOST 😁
In Kenya, the lowest class of license is Ksh 30,000 (about N120,000 or 0.4% of annual revenue, whichever is higher).
It’s not free.
In Ghana, you risk getting a 3-year prison term for running a courier business without license.
Most of the small courier operators that are crying about the #NIPOST increase in charges has never been to any meeting organized by the Association of Nigeria Courier Operators (ANCO) before....and that’s if they know the organisation existed prior to this week.
Guess what? It appears that “legitimate” courier operators under the Association of Nigeria Courier Operators (ANCO) might not be unaware of the plans for this increase 🤣🤷🏽♂️.
On education, the FGN needs to grant full autonomy to the schools, issue clear KPIs (admission, teaching, research, infrastructure quality, graduates’ placement rates), and then regulate.
Let me attempt to answer @ItsChristy__ ‘s question 😁
Apparently, she went back to negotiate the termination clause.
The company had a policy that termination or resignation required 4-weeks notice with no payment-in-lieu.
She didn't like it. It limits her flexibility to switch to a new job if such an opportunity comes.
They agreed to give her a waiver because they desperately needed her.
The company now agreed to amend the clause to say that both parties could terminate the employment contract with one week notice or payment in lieu. The updated employment letter was signed.
Thanks Prof @yomitheprof for this article. While your conclusions are not aligned with my views on this topic, I believe that most of the arguments are logical and fair.
I believe that some of the issues raised should drive the discussion for the first amendment to #CAMA2020 😁
Yomi’s article is actually the best non pro-CAMA article that I have seen - it came with strong logic that is devoid of unnecessary emotions and sentiments.
Let me just share my thoughts on some of the issues raised.