Several Public Private Partnership (PPP) initiatives have been developed within the sector, notable among which are: i. NETPOST Limited: Created to provide ICT services through NIPOST’s network of post offices around the country; ii. National Mail Route Network: An outsourced service to private transport operators to assist NIPOST in its mail distribution system; iii. Post Cash: A financial service product for international and local cash remittances; and iv. National Cargo Services: Setup for transportation and delivery of cargo (items weighing above 50kg). The competition in the postal sector provides choices for business customers and consumers alike. However, the competitive terrain does not appear to have motivated NIPOST to make fundamental improvements in terms of its efficiency and product offerings. One of the reasons adduced for this is the fact that the Federal Government of Nigeria (FGN), still covers any losses incurred by the agency. Therefore, a restructuring of NIPOST - including the removal of its regulatory function and, in the least, corporatization of the agency – is being pursued. 5.1.4 Broadcasting Broadcasting plays a very important role in the lives of the citizens worldwide and is the most effective means of reaching the largest number of people simultaneously. The Federal, Regional and State governments monopolized broadcasting in Nigeria, until the promulgation of Decree 38 of 1992 (as amended) which established the National Broadcasting Commission (NBC) and charged it with the responsibility of regulating and controlling the broadcasting industry in the country. The law empowers the Commission to license broadcast stations, allocate frequencies, regulate content and, generally set standards for quality broadcasting in the country. According to the Act, the Commission’s Mandate includes the following: i. Advising the Federal Government generally on the implementation of National Mass Communication Policy with particular reference to broadcasting; !"#$%&"'()*+(,%'$-.(/(0120( ( ( ,"34(00(