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NIPOST Set to Generate Revenue with Your Office, Home Address

Techeconomy by Techeconomy
August 20, 2023
in Commerce & Mobility
Reading Time: 2 mins read
0
NIPOST address verification and KYC for revenue

NIPOST address verification system

Adeyemi Adepoju, the Postmaster General of the Federation and Chief Executive of the Nigerian Postal Service (NIPOST) has disclosed that the Service would soon commence implementation of digital postcodes and Address Verification System (AVS) to boost revenue generation and prevent insecurity.

Speaking during a press briefing in Abuja recently, he said that implementing of the Postcode and AVS which is going to be by October this year.

This, the PMG said, will help NIPOST contribute to the country’s revenue and end the challenges associated with Know Your Customer (KYC).

According to him, “NIPOST is embracing digital transformation to elevate operational efficiency in a world where digital solutions and data utilization have taken centre stage, an increasing number of postal operators.

He said: “The National Digital Alphanumeric Postcode System is an initiative that has the potential to significantly improve nationwide service delivery, enhance security, and generate revenue for NIPOST and other government agencies.

Our teams worked hand in hand with esteemed partners, including the National Population Commission (NPC), The National Space Research and Development Agency, (NASRDA), Office of The Surveyor-General of the Federation (OSGOF), NETPOST, Avaris Worldwide and other government agencies.

“It also has far-reaching public and private sector benefits, including crime prevention, identity fraud reduction, emergency services coordination, border control, e-commerce, data collection, financial inclusion, healthcare access, and tourism”.

The Chairman of National Population Commission, NPC, Nasir Kwarra, said the Commission would only relent once the postcode is implemented.

The NPC Chairman, who was represented by the Federal Commissioner, Bayelsa State, Mrs Glory Izonfuo assured his unflinching support to NIPOST in ensuring the success of the project.

Technical Partners to NIPOST, Micheal Akinlose and Taslim Salaudeen, said the AVS would be a game changer in Nigeria’s National development and economy.

[Source]

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