• About Us
  • Contact Us
  • Privacy & Policy
Wednesday, October 22, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

15% Logistics Discount: SMEDAN, NIPOST Empower SMEs

Vincent Amadi by Vincent Amadi
August 15, 2024
in Economy
Reading Time: 3 mins read
A A
0
15% Logistics Discount: SMEDAN, NIPOST Empower SMEs
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram


The Small and Medium Enterprise Development Agency (SMEDAN) has partnered with the Nigerian Postal Service (NIPOST) to offer small and medium enterprises a 15 percent discount on logistics services.
SMEDAN Executive Director Charles Odii spoke at a signing ceremony for the Memorandum of Understanding (MoU) with NIPOST Postmaster General Tola Odeyemi on Wednesday in Abuja.
Odii said the partnership is in direct response to feedback from Small and Medium Enterprises (SMEs) on high logistics costs and the negative impact on sales.


“We are signing 15 percent today, maybe in another three months the postmaster can make it 50 percent or review it better,” Odii said.
“This is the best time for this partnership, and in another three months, we are hoping that we can come back here and review what we have done.


“We will articulate clearly how much we helped small businesses in Nigeria save through our monitoring and evaluation department, and then we can continue to see how we can better this partnership.”
Odii said the discount offer will be effective from August 26 and will be available to SMEDAN registered SMEs in two ways: online and in-person pickup.


The Director-General further noted that feedback received by the agency through its engagement with SMEs shows that in some cases, delivery costs exceed the price of the goods.
Odii said this discourages SMEs in neighbouring areas from doing business and limits their business opportunities.
He said the partnership will leverage NIPOST’s national footprint and infrastructure, as well as ongoing reform and modernization efforts under the leadership of the agency’s Postmaster General.
Odii called on SME owners to register with the agency to benefit from SMEDAN collaboration and other initiatives.
“MSMEs are the backbone of the economy”
Odeyemi said the partnership was long overdue and would contribute to achieving inclusive economic growth.
He acknowledged that MSMEs, which account for over 90% of businesses in the country and contribute half of the gross domestic product, form the backbone of the economy.
“So, we are here to partner with you (SMEDAN), with your mandates for small and medium enterprises in Nigeria to come on board our platform, as it is a platform for inclusive economic growth,” Odeyemi said.
“Any MSME that is registered with SMEDAN gets access to a 15 percent discount, and it runs as long as Nigeria runs.
“Although discount might not look much, you have to realize that NIPOST prices are already socially oriented.”
The Postmaster General also said that under the partnership, both agencies will utilize their branches and offices across the country to initiate, process, and expedite deliveries. This will enable MSMEs to transport goods to remote areas of the country in an efficient, timely, and cost-effective manner, she added.
Odeyemi said the agency would also provide immediate assistance to MSMEs to enable them focus on growing their businesses without logistical hurdles.

Tags: business
Vincent Amadi

Vincent Amadi

Related Posts

Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre
Economy

Fuel price drops as marketers resume loading at Dangote Refinery

1 day ago
Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre
Economy

Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre

1 week ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

We never imported bad fuel – Dangote Refinery

2 weeks ago
Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn
Economy

Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn

2 weeks ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Supreme Court reserves judgment in PDP’s suit against Rivers emergency rule
National

Supreme Court reserves judgment in PDP’s suit against Rivers emergency rule

6 hours ago
Doctors strike: NARD to review FG’s response
National

Doctors strike: NARD to review FG’s response

6 hours ago
Majority Leader didn’t break my head – Abia Assembly member Akachukwu
National

Majority Leader didn’t break my head – Abia Assembly member Akachukwu

6 hours ago
TCN announces power outages in Abuja, Enugu
National

TCN announces power outages in Abuja, Enugu

6 hours ago
PDP Has No Chance in 2027, Says Former APC Treasurer
National

Forum of APC chairmen want life membership of party’s NEC

6 hours ago
Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election
National

Stop clamping down opposition over alleged coup plot – ADC tells FG

1 day ago

POLITICS

Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election

Stop clamping down opposition over alleged coup plot – ADC tells FG

1 day ago
Some southeast politicians, businessmen prefer Nnamdi Kanu’s continued detention — Iwuanyanwu

Some southeast politicians, businessmen prefer Nnamdi Kanu’s continued detention — Iwuanyanwu

1 day ago
At my level, I can’t secretly defect to APC — Suswam

At my level, I can’t secretly defect to APC — Suswam

2 days ago
Arewa group lambast PDP Spokesperson over disrespectful comments on Ugwuanyi

Arewa group lambast PDP Spokesperson over disrespectful comments on Ugwuanyi

4 days ago
2027: Murray-Bruce defection to APC not surprising – Dele Momodu

2027: Murray-Bruce defection to APC not surprising – Dele Momodu

4 days ago
Breaking News: Former vice president Atiku Abubakar resigns from PDP

Atiku’s greed cause of PDP’s gradual demise

5 days ago

YOUR ECONOMY

Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre
Economy

Fuel price drops as marketers resume loading at Dangote Refinery

1 day ago
Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre
Economy

Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre

1 week ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

We never imported bad fuel – Dangote Refinery

2 weeks ago
Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn
Economy

Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn

2 weeks ago
BREAKING NEWS: PENGASSAN Declares Nationwide Strike.
Economy

BREAKING NEWS: PENGASSAN calls off strike

3 weeks ago
You’re scaring off investors – Senator Karimi warns PENGASSAN over feud with Dangote Refinery
Economy

You’re scaring off investors – Senator Karimi warns PENGASSAN over feud with Dangote Refinery

3 weeks ago

E & P

2026 World Cup qualifying play-offs: We are ready for Nigeria – Gabon coach
Sports

2026 World Cup qualifying play-offs: We are ready for Nigeria – Gabon coach

by Steven Atogi
5 days ago
0

The national team coach of Gabon, Thierry Mouyouma, has said that his team is ready to tackle Nigeria in the...

2026 World Cup playoffs: Super Eagles likely to play Gabon

2026 World Cup playoffs: Super Eagles likely to play Gabon

1 week ago
EPL: They’ll be beaten – Paul Scholes predicts winner in Liverpool vs Man Utd

EPL: They’ll be beaten – Paul Scholes predicts winner in Liverpool vs Man Utd

2 weeks ago
EPL: Amorim should use Mbeumo as striker over Sesko — Owen

EPL: Amorim should use Mbeumo as striker over Sesko — Owen

3 weeks ago
Xavi Hernandez hinted to replace Ruben Amorim at Old Trafford

Xavi Hernandez hinted to replace Ruben Amorim at Old Trafford

3 weeks ago
Dembele wins 2025 Ballon d’Or ahead of Yamal [Full list]

Dembele wins 2025 Ballon d’Or ahead of Yamal [Full list]

4 weeks ago

YOUR THOUGHT & HISTORY

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’
National

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’

by Steven Atogi
2 weeks ago
The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour
Opinion

The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour

by Odini Brains
3 weeks ago
HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE
Opinion

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE

by Odini Brains
2 months ago
Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents
National

Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents

by Odini Brains
2 months ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
2 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

Supreme Court reserves judgment in PDP’s suit against Rivers emergency rule

Supreme Court reserves judgment in PDP’s suit against Rivers emergency rule

October 22, 2025
Doctors strike: NARD to review FG’s response

Doctors strike: NARD to review FG’s response

October 22, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address