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The Promising Future of Nigeria’s Logistics Sector

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Logistics services are now an integral part of everyday life in major cities across Nigeria, with businesses and individuals using delivery vans and bikes to pick and deliver items. Years ago, these activities were few and far between.

Today’s boom in the logistics business can be safely attributed to the growing online shopping trend spurred by e-commerce companies. More items are being ordered online and businesses have to offer timely delivery to consumers irrespective of location.

In addition, investment in logistics networks by e-commerce brands is also opening up the market for startup entrepreneurs and SMEs to thrive. For example, Jumia opened its logistics network to third party businesses in 2020 which further boosted Nigeria’s logistics market.

“We started as a ticketing company; we were supposed to be a flight company till we moved into logistics. As of 2018, was the investment worth it? Absolutely no. We started, and we had roughly about 400 packages being delivered in a month. And time after time, I will question my decision to start a business like this.

I remember vividly at a time I could barely pay salaries. I had to ask my wife to join the business to manage things. But I kept on believing that this was going to pay off one day. In 2018, I decided to try Jumia by opening a hub with Jumia. Has it paid off? Definitely yes. Last year, we did 14,000 packages in July,” said a Jumia Logistics Partner, Segun Babs, Founder of Fairytrips Limited.

The story of Fairytrips Limited is one of many SMEs in different regions of the country who have been able to upscale their businesses by leveraging partnerships. According to Chidi Anyina, Founder of ACOA Courier, strategic partnerships drive growth and employment opportunities in the sector.

“We started off doing about a hundred orders every other day, but we did 17,000 orders in June alone last year. We have been with Jumia for the past 8 years, and we started in a boys’ quarters of about two rooms, with just a bike, a van and two other staff.

Now, we have graduated to having about 37 staff spread across Lagos and Aba. But most importantly, we’ve impacted the community; we’re like the biggest employer of labour in Festac Town,” he explained.

Recently, we have seen more collaboration between foreign brands and top logistics players in the Nigerian market. Within the last two months, two global logistics brands announced partnerships with Jumia to boost their trade in Nigeria and across Africa.

“UPS’s asset-light approach, like the Jumia partnership, offers a pathway for SMEs in Africa to quickly and reliably connect to new customers around the world through our global network,” said UPS vice president of engineering and operations for Indian subcontinent, Middle East and Africa, Gregory Goba Ble.

4PX Global cross-border E-commerce Product Director, Derek Wang, said, “Our collaboration with Jumia enables 4PX to strengthen our global network and enrich our service offerings. It also solidifies our brand image as one of the world’s strongest global logistic companies.”

The rise and use of e-commerce platforms in recent years has shown that logistics can be a significant contributor to Nigeria’s GDP and overall economic growth.

 


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E-Business

NITDA, NIMC Partner for Seamless Data Exchange Capabilities

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National Information Technology Development Agency (NITDA) and the National Identity Management Commission (NIMC) have announced a collaboration on National Public Key Infrastructure (PKI) and Digital Public Infrastructure (DPI) to enhance synergy between digital identity, payment ecosystems and secure seamless data exchange capabilities for Nigeria.

NITDA, NIMC Partner for Seamless Data Exchange Capabilities

l-r: Kashifu Inuwa, Director General of NITDA, and Bisoye Coker-Odusote,  Director General of NIMC, during the meeting at the NIMC headquarters in Abuja..

NITDA, which made the announcement on its X handle, said that the collaboration was to further strengthen Nigeria’s digital economy in line with President Bola Tinubu’s Renewed Hope Agenda,

During the meeting, Kashifu Inuwa, director general of NITDA, and Bisoye Coker-Odusote, director general of NIMC, with some management staff of both organisations, discussed various initiatives, which include building DPI stacks for a secured and seamless data exchange and forming partnerships to transform the national identity system.

This collaboration also aims to harness the potential of the innovative ecosystem and emphasise the use of public-key infrastructure (PKI) to drive digital transformation in Nigeria.

To ensure a smooth implementation, a 12-man committee was set up.

This committee will play a crucial role in kickstarting and harmonising the initiatives and is expected to deliver a comprehensive implementation report within the next 4 weeks.

 

 


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Expert Urges FG to Harmonise NIN, BVN to Tackle Crimes

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Noble Ajuonu, head, Sydani Technologies Ltd., has urged the Federal Government to harmonise National Identification Number (NIN) and Bank Verification Number (BVN) to tackle crimes and insecurity in the country.

Expert Urges FG to Harmonise NIN, BVN to Tackle Crimes

Ajuonu made the call at a media roundtable, organised by Sydani Group in Abuja.

The News Agency of Nigeria (NAN) reports that the roundtable focuses on driving sustainability through a comprehensive analysis of Nigeria’s key development areas.

Ajuonu said that Nigeria could overcome its security challenges and pave the way for a safer, more secure future for all Nigerians by embracing technology and implementing practical solutions,

“We need to harmonise data, prioritise seamless integration of databases like NIN, BVN, and security agency records, establish clear protocols for data sharing and access, with robust safeguards against misuse,’’ expert said.

According to him, the unified data pool will empower intelligence gathering and targeted operations.

He also called for investments in smart surveillance, intelligent video analytics software, training of personnel in data analysis, interpretation of data in real-time to combat crimes.

“There is need to implement a legal framework for call interception in criminal investigations, with strict oversight to prevent abuse, encourage community cohesion, training of tech savvy security personnel with tech-enabled tools.’’

Ajuonu also urged the government to address infrastructure deficit in technology, saying that technology was all encompassing to address insecurity.

“According to the National Identity Management Commission (NIMC), as of December 2023, only 104.2 million Nigerians had been enrolled for the National Identity Number (NIN).’’

Ajuonu added that over 122.2 million citizens left uncaptured for NIN were people in rural areas where enrolment centres, digital services were limited.

“Most crimes are being perpetuated from rural communities and this lack of comprehensive identification creates a gap where elements not captured in the national database can constitute public nuisance, crimes.

“There is the inadequacy in the integration of NIN, BVN and Voters Identification Number (VIN).

“Advanced call interception and analysis tools, used successfully in other countries, could provide invaluable insights into criminal networks and operations but infrastructure is lacking,’’ he said.

Also, Mr Godfrey Petgrave, the Agricultural Expert, Sydani Group, called for empowerment of smallholder farmers with access to finance and training to enhance productivity.

According to Petgrave, Nigeria requires policy reform and institutional strengthening to improve agricultural practices and embrace digital agriculture solutions to address food insecurity.

Mr Akolade Jimoh, another expert of the group on health, advocated for expanded community-based health insurance programmes for rural and underserved areas.

Jimoh added that the country needed to encourage Public Private Partnership to revolutionise products design and quality improvement on health services.


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Konga launches Infinix Brand Week with Incredible Deals

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Konga, Nigeria’s leading composite e-commerce group, is thrilled to announce the launch of amazing deals at its Infinix Brand Week. Infinix, a leading global smartphone brand known for its innovative products and cutting-edge technology promises exclusive discounts and special offers on select smartphones, marking an exciting milestone in the realm of online shopping.

Shoppers can expect nothing short of extraordinary deals on a wide range of Infinix products, all available exclusively on the Konga online platform. With discounts of up to 30% off, this partnership between Konga and Infinix aims to redefine the shopping experience for tech enthusiasts across Nigeria.

Konga Brand Week has become synonymous with excitement and unbeatable deals, and this year’s edition is no exception. In addition to exclusive discounts on Infinix smartphones, shoppers can explore a diverse array of products across various categories, including electronics, fashion, home essentials, and more.

“At Konga, we are dedicated to providing our customers with the best shopping experience possible,” said Rita Ohaedoghasi, VP Marketing at Konga. “The Infinix Week during Konga Brand Week allows us to continue delivering on that promise by offering incredible discounts and special offers on some of the most sought-after smartphones in the market.”

To stay updated on the latest developments and exclusive deals during Konga Brand Week, shoppers are encouraged to connect with Konga across all platforms, including social media and the Konga website. Don’t miss out on this opportunity to score big savings and elevate your tech game with Infinix and Konga.


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