Also, new guidelines for the regulation of the Courier and Logistics sector (“the Sector”) in Nigeria in July 2020 were approved. According to the Ministry of Communications and the Digital Economy, the Courier and Logistics Services (Operations) Regulations 2020 (the “Regulations”) is the regulatory framework needed to enhance the operations of courier and logistics services in Nigeria. The publication went further to state that the lack of registration of delivery bikes will lead to its impoundment. Renewal – N437,500 (Four Hundred and Thirty Seven Thousand Naira) State – N250,000 (Two Hundred and Fifty Thousand Naira). Kindly also note that:A minimum engine capacity of 200cc is required for the logistics and courier service motorcycle.

Source: The Guardian January 14, 2023 22:17 UTC