• Thursday, October 24, 2024
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Aramex to enhance Nigeria’s logistics services with technology 

aramex

Aramex International Limited, provider of comprehensive logistics and transportation solutions, has expressed unwavering confidence in the ability of the Nigerian economy to regain its place as Africa’s biggest and fastest growing economy with deployment of technology in logistics services
Speaking at a stakeholder’s event organised to re-launch Aramex in Nigeria, Hussein Hachem, Chief Executive Officer of Aramex, said:

“Our decision to invest in the Nigerian economy, despite current challenges, is a demonstration of our support for the government’s efforts to stabilise the economy and make it once more attractive to global investors. We are committed to offering solutions to help shape the logistics and transportation industry using technologies that will connect Nigeria with the rest of the world, ensuring safety of goods and prompt delivery. This is all part of our commitment to finding unique and innovative solutions that continually disrupt and transform the logistics and transportation industries, ultimately helping us maintain our market leadership.”
Jarmakani said ”Nigeria is a technologically advanced market with a growing economy and strong business environment. We are pleased to be operating within this space, collaborating and supporting the growing e-commerce and FinTech industries, with the support of NIPOST and other players. We will continue to leverage technology and innovative solutions to accelerate the growth of our business and enhance customer satisfaction.”
He also announced that Aramex will scale up the latest innovations being piloted in other operating environments in the Nigerian market, as it remains a priority to provide the best service to clients.

The Aramex re-launch event in Nigeria, which was attended by key stakeholders and influential members of the Nigerian public, highlighted Aramex’s global vision and advancements being made through its operations in the country and throughout the world.
Re-launching in Nigeria two years after the Federal government of Nigeria imposed a ban on the company in 2014, for allegedly practicing unethically and manoeuvring Nigerian courier companies, Aramex expressed confidence in the economy saying that all previous issues with the government have been resolved and the company has positioned itself to deploy technology solutions to transform Nigeria’s postal and delivery service.
Faysal Jarmakani, Managing Director, Aramex, told BusinessDay that the Jordan based company is now fully compliant and aligned with the Nigerian Postal Service (NIPOST) to deploy cutting edge technology that will transform delivery services in the country.
“Aramex was operating in Nigeria at that time as a franchise and there was a conflict because there was an issue with the franchising so it was really a business dispute and not an operational dispute and the government got involved. Every government should protect the interest of its people but obviously, the ban has been lifted almost immediately after and the dispute was resolved.
Today we are a new company called Aramex delivery services limited and it is a joint venture (JV) not a franchise, meaning that Aramex has actually invested in Nigeria and the government has given us all the licenses required. We are fully compliant. We have our NIPOST license issued by the regulatory department and we are working very close with NIPOST itself to bring on solutions into the market,” he added.
Aramex, which sold 4.5 percent stake of its company to the Australia post said it has recorded success stories with the technology deployed in Australia’s postal service.

“We have just partnered Australia post, integrated our technology with theirs and that is really helping their postal system by making delivery, tracking and payment more seamless,” Jarmakani said.

 

JUMOKE AKIYODE

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

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