E-commerce to foster Buhari’s plan to diversify economy

Online shoppingBy  OKORO CHINEDU 

LAGOS, (CAJ News) – NIGERIA’S largest online supermarket and grocery delivery service has outlined how e-commerce will foster PresidentMuhammadu Buhari’s plan to diversify the economy following the fall in theoil price.

According to Supermart.ng, trade and commerce is fast becoming anindispensable component of the non-oil sector of the Nigerian economy.

The wholesale and retail space for instance currently accounts for about$100 billion.This according to a McKinsey report has a potential of increasing to $300billion by 2030.

“The current traditional Wholesale and Retail business as we have it todayis generally unorganized. What e-commerce companies like Supermart.ng hasdone however is to organise the market such that consumers can geteverything they want in just one spot,” said spokesperson of Supermart.ng,Oluwatayo Alofun.

“This makes them to buy more. This explains why supermart.ng has partneredwith leading supermarkets and local markets to put up a one stop shoponline with over 60,000 items including Fresh food, foreign products,Nigerian ingredients, general groceries and baby products among otherswhich will be delivered to buyers in as early as three hours of order.”

Alofun noted that there was need to create an atmosphere for buyers to buymore and sellers to sell more.He noted that when sellers are able to make more sales it leads tobusiness expansion which automatically creates room for more employmentsand also contribute to national growth.

– CAJ News

Pin It

Comments are closed.