The Post Master General of the Nigerian Postal Service (NIPOST), Adeyemi Adepoju has announced that the country will begin the implementation of postcodes and Address Verification System (AVS) to address the issues of fake address, insecurity and generate income for the government.
Adepoju stated this during the presentation of a report on the Pilot Test for ‘Postcode Areas Delineation and National Address System’ in collaboration with the National Population Commission (NPC), National Space Research and Development Agency (NASRDA) and Office of the Surveyor General of the Federation.
He said in strict adherence to the Federal Government’s policy concerning a Standard National Addressing System, NIPOST has undertaken the adoption of an Alphanumeric Postcode System.
This innovative approach according to him diverges from the Numeric system introduced in 1986.
“This Alphanumeric Postcode, beyond its postal function, also functions as a geocode, facilitating the direct identification of geographical units. This more intricate system empowers us to accommodate forthcoming urban development and expansion areas with remarkable precision,” he said.
He said the essence of this is to let the entire world know that Nigeria is not going to be left behind in postcodes and addressing system.
“It was a difficult assignment in the past that my predecessors have tried their best, but today we are having new music going on.
“The benefits are so much, in terms of crime prevention, business development, tourism, transportation and revenue generation.
“It is good to be one of the revenue-generating agencies for the nation, NIPOST has not been funded by the federal government, we look inward on how we can generate revenue for our operation and contribute meaningfully into the federation account,” he said.
The Postmaster General further stated that the present government is looking inward on how to generate revenue to achieve its mandate, and NIPOST is ready to contribute its quota in generating revenue for the government.
Speaking on the importance of the AVS, Adepoju said the people that will be giving fake addresses will be fished out. He said if the postcodes and address system are in place, terrorism can be addressed.
“Some people go to banks and give fake addresses, but with this new system, the banks can verify the addresses of customers before they can be registered.
“We have astutely recognized the imperative of establishing a robust system for National Address Verification, perfectly aligned with the principles of the National Addressing Policy.
“This endeavor encompasses the creation of a standardized process to ensure the utmost accuracy and reliability in confirming and validating addresses and their occupants throughout the nation,” he said.
Oleku Akinlose, partner to NIPOST on address verification, said “we will generate revenue because what is the cost of Know Your Customer (KYC) today? The banks spend nothing less than N4 billion per year on KYC if that money is coming from the government.
“Because of the innovative method NIPOST wants to use to solve addressing, students, SMEs and a lot of youth will be engaged. So that money is not just going to NIPOST, rather it will engage government at the state level, and local government level in the process of identification and verification across all fields, so this affects security, it affects financial inclusion, health and planning at every level”.
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