Daily Trust

Shoptomydo­or encourages Nigerians to invest savings in small businesses

- From Risikat Ramoni, Lagos

Around 90 percent of world trade is tied to internatio­nal shipping industry generating over a half trillion dollars per year.

That is the major reason Shoptomydo­or is giving a platform so that many people can invest in small businesses.

Risk and capital are major factors hindering people from tapping into mini importatio­n and export.

According to the firm’s CEO/Managing Director, Nduka Udeh, in a statement said, it is not advisable to invest in a business one has little or no idea about. He explained that some of the challenges of shipping business are high cost, missing items, delayed shipment and charges from demurrage among others.

Udeh said the firm has made these challenges minimal by providing Nigerians interested in mini import and export, the opportunit­y to start a small business with little capital through her consolidat­ed shipping service that reduces shipping cost by 60 per cent of what major shippers charge.

According to him, “the high demand for Nigeria local goods in USA cannot be over emphasized. There is so much Nigerians can do that we are not utilizing and that is what Shoptomydo­or is trying to achieve by encouragin­g Nigerians to start with as little as they can from savings and we will help them sell on giant online stores like Amazon, eBay and others.”

Newspapers in English

Newspapers from Nigeria