FLASH: FG Announces Unique Digital Postcode For Nigerian Homes

President Bola Tinubu’s administration has announced that every Nigerian home will be given “a unique digital postcode”, adding that the development was part of his government’s efforts in the ongoing “National Digital Alphanumeric Postcode System”.

Dada Olusegun, the special assistant to the president on social media, announced the development in a post on Friday, July 3, saying that the “process has already commenced.”

Olusegun further disclosed that the implementation of the system was to ensure that Nigeria have “a smarter, more secure, and digitally enabled addressing system.”

He further expressed confidence that the system will ” improve service delivery, strengthen emergency response, and unlock new opportunities” in all parts of the country.

The statement reads:
Every home in Nigeria will get a unique digital postcode as part of the ongoing National Digital Alphanumeric Postcode System rollout.

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This process has already commenced.

The implementation of this system ensures Nigeria has a smarter, more secure, and digitally enabled addressing system that will improve service delivery, strengthen emergency response, and unlock new opportunities across our economy.

The administration of President Tinubu is committed to reforming every aspect of our economy in order to achieve the ambitious goal of creating a $1trn economy by 2030.

In another development, GISTSMATE MEDIA reported that the Federal Government has announced the payment of N39.6 billion in outstanding pension liabilities, bringing an end to years of unpaid entitlements owed to thousands of retirees under the Defined Benefit Scheme.

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The Ministry of Finance disclosed the development in a statement issued on Friday in Abuja by its Head of Information and Public Relations, Efe Ovuakporie.

According to the statement, the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, received the Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD), Tolulope Odunaiya, during a briefing on the exercise.

Odunaiya explained that the funds were used to settle legacy pension obligations inherited from defunct government-owned enterprises and financial institutions.

She said the largest portion of the payment, amounting to N25.05 billion, covered 35 months of outstanding pensions owed to 9,675 qualified retirees of the former NITEL and MTEL. READ MOREย 

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