Former Chairman of Peoples Democratic Party, PDP, Sen. Ahmadu Alli has identified poor funding performance as the major factor militating against the growth and survival of the Nigerian Postal Service.
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Sen. Alli stated this at the weekend during the public presentation of the book "Reforming the Post in Nigeria: The Story of the Nigerian Postal Service", in Abuja.
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Senator Alli stated that the postal sector, especially in the Sub-Sahara Africa is at a critical juncture and is in dire need of good financial standing to attract investment and measure with the global trends.
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"It is evident that the postal sector, particularly in Sub-Sahara Africa is caught in a vicious circle of poor financial performance which cause a lack of investment, thereby preventing either improvements in the quality of service or expansion, which generates lower usage of the sector and mail volumes, which further perpetuates the circle,'' he said.