Boda Femi Profile picture
Feb 4 14 tweets 4 min read
I still cannot wrap my head around how NIPOST expects me to pay N2m for a license. The same amount that GIG and other big logistics companies pay. GIG and others can pay more… I only have 3 vans and 1 truck. The law is once again faulty and in the way of growth… A thread.
November 2021 NIPOST task force STORMED my logistics office in lbadan with Armed police men.. some from the neighborhood police station and some from FCID lagos. I saw them drive into the office premises via the CCTV and I was super scared, my staffs where all over the place..
Before we could blink about 15 men were inside the reception some with guns, some wearing NIPOST jackets. I composed myself, went out to meet with them along with other some of my friends who were in my office at the time of the “visit”.
The man that led the task force , introduced himself can’t remember his name.. he quoted some sections of the constitution that supports the “visits” and went ahead to say we are running an illegal logistics business and for that reason he needs to shut down the office…,
Impound my vehicles, and arrest the manager or anybody in charge. My friend did the talking because I was too embarrassed to even say a word. We told them that we have never heard of such licenses and we expected that we should have gotten some sort of info before they came to..
Enforce the license. Luck was on our side, the led man said he likes the fact that we didn’t create “trouble” and we are “gentle men”… so he said he wouldn’t impound any vehicles but they went away with our weighing scale. They locked the office and told us to come to…
Their office to sort the whole thing out. My manager got right on it. We had to pay some money to register and recover our weighing scale. Then we had to now make some payments online that will now enable us to pay for the license. As law abiding as I want to be..
My business has not started making any kind of profit yet and you impose a N2m license on me. We tried to talk it out and all, I even asked if I can pay N2m in installment but the man in charge said it going directly into government purse TSA or something like that..
…meaning that there is no provision for paying in installments it has to be once. I was given 3months to pay N2m. 3months will end at the beginning of march. I am not sure I can afford to pay N2m to government. This business opened officially July 2021.
Self funded, no support from the government. But the government wants N2m for regional licenseor else they close the company? No flexibility for young logistics company! Because big names can pay, I should be able to pay? O wrong now.
The license is in about 4 categories
And they have renewal charges. The reason why the least I can pay for (according to them) is the 2m license is because I have vans.
You cannot fund my business. And you impose a license that would ruin my business because you want to generate revenue. #business #TWO
@ProfOsinbajo I just want one more regulator with stringent regulations to stop by at my office and I am done doing business in Nigeria.

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