The Nigerian Export Promotion Council (NEPC) said that the country’s E-commerce value rose from $675.68 million in 2022 to $9.02 billion in 2024.
It however noted that the country is the 38th largest market for e-commerce ahead of Pakistan and behind Finland with an expected yearly growth rate of 12 per cent between 2021 and 2025.
Its Director-General and Chief Executive Officer of the council, Nonye Ayeni, disclosed this at a one-day sensitisation workshop on the implementation of the developed national e-commerce strategy organised by the Federal Ministry of Industry, Trade and Investment (FMITI) yesterday in Kaduna. Represented by the State Coordinator, NEPC, Kabir Yusuf, the DG the workshop was critical and timely particularly for Small and Medium Enterprises (SMEs) exporters who constitute the largest number of actors in the export supply chain but lack the prerequisite knowledge of e-commerce.
