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  • Online shopping in Nigeria rises to N150b
 

Online shopping in Nigeria rises to N150b

Online shopping in Nigeria rises to N150b

by magna / Thursday, 09 October 2014 / Published in Capital Market News

By Chibuzor Emejor  –  Correspondent, Abuja

 

Director General/Chief Executive Officer of National Identity Management Commission[NIMC], Chris Onyemenam, has said that online shopping in Nigeria is estimated to have risen to N150billion in 2014.

Director General National Identity Management Commission Mr Chris Onyemenam

Director General National Identity Management Commission Mr Chris Onyemenam

Onyemenam who stated this on Wednesday at the ICT Centenary Conference and Awards in Abuja, said online shopping was initially projected to grow  to N62billion in 2011, adding that with the penetration of broadband across the country, that it has risen to N150billion this year.

He attributed this significant rise in online shopping to broadband penetration in the country, which has become an enabler for socio-economic growth of the economy.

While speaking on the topic entitled “Broadband in Nigeria and the National Identity Management Systems”, he assured that his Commission saddled with the responsibility of delivering National Identity Card Project to Nigerians  would  definitely succeed in this national assignment.

Onyemenam who disclosed various measures taken by the Commission to forestall the registration of foreigners in the on-going National Identification Number across 404 centres in the country, added that through the Commission’s collaboration with security agencies that some foreigners who attempted to register have been fished out.

Also speaking, the Executive Vice Chairman of Nigerian Communications Commission[NCC], Eugene Juwah, said with the provision of wireless internet connectivity through the mobile networks across the State of the Federation, that there have been  increase of internet subscriptions from about 33million in 2010 to 67 million people as of June 2014.

Juwah noted with satisfaction that the deployment of telecommunications infrastructure in Nigeria has assisted tremendously in creating business opportunities and democratisation of wealth in various communities in the country.

Source : Independent

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