TAJBank, NIPOST collaborate to advance Nigeria’s socio-economy

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Tolu Aiyegbusi

TAJBank Limited and Nigerian Postal Service (NIPOST) have collaborated to advance the nation’s socioeconomic benefits via driving financial inclusion initiatives.

TAJ Bank’s Managing Director/CEO, Mr Hamid Joda, said this when he paid a visit to the Postmaster General/CEO of NIPOST, Ms. Tola Odeyemi, in Abuja.

Joda said the new public-private partnership (PPP) initiative with the postal agency was to work together for mutual and the nation’s socioeconomic benefits.

According to him, both parties met for discussions on how to push further on initiatives targeted at public-private endeavours aimed aimed at adding value to the nation’s financial inclusion drive and enhancement of postal services in the country.

He said that the bank would work hand in hand with the NIPOST management, riding primarily on branch expansion with the postal agency’s offices thus expanding the innovative products and services of the non-interest lender.

The managing director explained that the collaboration with NIPOST hinged on 3Rs – rent, refurbish and rebrand.

He also explained that the latest network expansion of TAJBank’s services in Lagos was another step taken by the board and management of the bank to add value to individuals and business owners’ efforts.

”Indeed, the point here is that at TAJBank, we are about a strategy of cost-saving, in addition to leveraging our services on world-class ICT infrastructure and solutions nationwide.

”We are determined to promote inclusion at the grassroots not through POS or other channels alone but through human interface with prospective customers,” Joda said.

He thanked the Postmaster for the opportunity given to the bank to partner with the agency.

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Commenting on the collaboration, Odeyemi lauded TAJBank’s collaboration strategy and expressed optimism that working together would be mutually beneficial.

According to her, the brand speaks for itself and is here to provide cost-efficient and interest-free banking services to everyone.

She expressed the readiness of the agency to work together with the bank.

In the same vein, the bank’s Executive Director, Mr Sherif Idi, noted that TAJBank was determined to show how to redefine non-interest banking services as a customer-focused lender.

”NIPOST’s mandate aligns with our strategy which reflects in its readiness to give all that it takes to surpass customer expectations wherever we are located.

”Our only interest is our customers and I wish to mention that as a country, TAJBank is a proudly Nigerian institution and with partnership with NIPOST,

”We can rebuild our heritage, re-tell our story and above all contribute significantly to the nation’s economy,” Idi said. (NAN) (www.nannews.ng)


Edited by Deborah Coker/Isaac Aregbesola

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