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Home » E-commerce will remain the core driver of the Nigerian economy – Shobanjo
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E-commerce will remain the core driver of the Nigerian economy – Shobanjo

Saint AugustineBy Saint AugustineOctober 21, 2015No Comments3 Mins Read
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The Chief Executive Officer of Troyka Group, Mr. Biodun Shobanjo has said that e-commerce would remain the engine room and core driver of the Nigerian economy.

He stated this while delivering the keynote address entitled “Internet and E-commerce Revolution in Nigeria: Where We Have been, Where We Are Heading and How to Get There?” at the Konga 2015 Seller Summit which held in Lagos last weekend.

Shobanjo also informed that in 2014, the total global retail trade was about 32.49 trillion dollars and e-commerce contributed about 1.3 trillion dollars adding that the marketplace ecosystem should engender sales and marketing which would produce personal and community growth.

“E-commerce mirrors the village center and Konga should be seen as a village market on the Web where there is equal access and multiple accesses for buyers. In e-commerce, mutual trust and relationship mattered a lot,” he added.

The Summit which was sponsored by Etisalat, Forbes Africa, Zenith Bank, Ventures Africa, Zippy Logistics, Fuse.com.ng, Stanbic IBTC, Ebony Life TV, provided a platform for sellers and buyers to learn from experts about the dynamic operations of e-commerce and develop sustainable strategies to advance business services.

In his welcome address, the Founder and Chief Executive Officer of Konga.com, Sim Shagaya said the Konga 2015 Seller Summit was in line with its vision of being the engine of trade and commerce in Africa.

“E-commerce is one of the fastest growing and most dynamic business sectors in the world today. The situation in Africa is quite unique; the need to create and build from the scratch is ubiquitous. At Konga, we quickly realized the opportunity to partner with our valued sellers and pool our individual strengths to succeed despite the various impediments in building vibrant small and medium businesses. We firmly believe that the Konga marketplace enables us to function at our best; allowing us to provide our valued customers with great customer experience, convenient shopping and swift logistics solutions,” Shagaya said.

In attendance were key players in the telecom, logistics, internet and retail business across sectors including Remi Dada, Lead Product Marketing Manager, Google; Nike Ogunlesi, Founder and CRO, Ruff ‘n’ Tumble; Tomi Ogunlesi, Group Corporate Brand Manager, Interswitch; Debola Williams, Co-Founder Red Media Africa; Kabir Shagaya, CEO, Zippy Logistics, Tutu Sanni, MD, Courier Plus; Vincent Egbe, GM, KraftHeinz; Eghosa Omoigui, Founder and Managing Partner, EchoVC; Akintunde Oyebode, Head SME Banking, Stanbic IBTC; Sam Nwanze, Director, Finance and Investments, Heirs holdings; Arese Ugwu, CEO SmartMoneyAfrica; Funke Opeke, CEO, MainOne Cable; Valentine Obi, CEO, eTransact; Opeyemi Awoyemi, Co-Founder, Jobberman; Edmund Olotu, Founder, G-pay Instant Payment Ltd; Lanre Akinlagun, CEO, Drinks.ng; Erica Ayenuro, CEO, CCSP; and Ebi Atawodi, GM, Uber Lagos to mention a few.

Send your news, press releases/articles to info@primetimereporters.com. Also, follow us on Twitter @reportersinfo and on Facebook at facebook.com/primetimereporters or call the editor on 07030661526.

 

Biodun Shobanjo Konga.com Seller Summit Tim Shagaya
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Saint Augustine is a seasoned freelance journalist and the chief editor of Primetime Reporters.

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