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GOVT APPOVES JOINT VENTURE FOR NIPOST E-MAIL

As part of efforts to enable the Nigerian Postal Service (NIPOST) take advantage of global changes in communication, the Nigerian government has approved the establishment of a joint venture between NIPOST and two private firms Development Venture International Incorporated (DVI) of USA and ABG Nigeria Limited. Tagged NETPOST Nigeria Limited, the venture is expected to facilitate the delivery of electronic mail and other related services in Nigeria. The project which is billed to take off in thirteen centers across the country will use VSAT technology. Each of the partners is expected to contribute an initial share capital of N100 million at a ratio of 40 percent from NIPOST, 35 percent from DVI and ABG 25 percent.

Media in Nigeria

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