Economy: Bizman Attributes Growth To Online Transaction

The growth of Nigeria’s
economy has been attributed to the suspected growth in the online transactions in the country.
The Managing Director of an online hotel booking plat form, Mr Jovago Zmysloski, made the remark last weekend in a monitored news in Port Harcourt.
He hinted that the country’s economy may improve for better, if the current online business going on in the country did not drop.
Zmysloski who spoke at a forum of the third EU-Nigeria Business, noted that influx of online business in Nigeria is likely to significantly bring a positive turn around in the country’s economic sector.
Others who spoke in different direction, said the country was yet to benefit from executing the proposed free trade agreement.
The online business man, regretted that the oil and Agricultural sectors could not enhance the country economy, despite the level of attention given to it by the government.
He revealed that some online business now account for about 51 per cent of the nations economy, thereby making it the highest contributor.
He explained that the country’s  rebased economy still placed it top above other African countries, adding that it has been proven long ago by industry watchers.
Online business, has in recent times, been adjudged to be the safe at means of business transaction due to its convenient nature.
Earlier, he has called on all business operators in the country, to retrace their steps and hook on to online business, adding that the era of analogue transaction are over.