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NIRA Tasks MSMEs to Leverage Online Biz & .ng Domain Growth

by TechBuild.Africa
2016/12/13 - Updated on 2020/10/29
in News
The President of the Nigeria Internet Registration Association NIRA Mr Sunday Folayan

The President of the Nigeria Internet Registration Association NIRA Mr Sunday Folayan

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Nigeria Internet Registration Association (NiRA) says the role of SMEs in transforming the Nigerian economy can be better achieved by Online Biz and .ng growth leveraging opportunities in the internet space.

According to NIRA, several schemes have also been launched in the past towards bringing businesses online. For instance, in 2011, Google Nigeria launched “Get Nigerian Businesses Online (GNBO)” Initiative; aimed at helping small businesses adopt online presence. Since then, many things have changed especially with the exponential growth with sellers/buyers online and internet users community.

But, NiRA maintains the stand that it’s high time the businesses adopt .ng domain name for unique identity online.

In volume 4 number 96 of NiRA’s newsletter published on Thursday, titled ‘Enable MSMEs to get more Businesses Online,’ Reverend Sunday Folayan, president of the Association ponders on how MSMEs in Nigeria can grow their fortunes, including NiRA’s efforts on .ng domain name crusade.

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He writes: “Nigerians are not short of ideas. You just need to interact with the young ones, to marvel at a depth of ideas being nurtured by these future entrepreneurs.

It is, therefore, important to help them catalyze these business ideas into reality, creating more jobs. Otherwise, these thoughts will soon turn to the illusion. We must, therefore, cultivate more Micro, Small and Medium Scale Enterprises (MSMEs) because MSMEs are the catalyst for growing any economy.

NIRA Tasks MSMEs to Leverage Online Biz & .ng Domain Growth

“According to a Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) 2013 survey findings, there are about 37 million MSMEs in Nigeria, which is about 22% of the total population of Nigeria that currently stands at 170 Million.

“What is instructive is that of these 37 Million MSMEs, only 335,604 representing less than 1% are in the Information and Communication area.

“The fact that NIRA has only reached less than 10% of the ICT based-MSMEs population, going by our present domain count, suggests that there is plenty of work to be done, to make more Nigerians register .ng names. It is safe to conclude that growing the domain count is increasing the MSMEs space in Nigeria.

“From new interactions between the NIRA registry and the NIRA Accredited Registrars, it is clear that many are re-positioning for the year 2017. With the over 37 million MSMEs in Nigeria, the potentials are there, and it is heart-warming that your association is gearing for the future of online businesses in Nigeria. The future looks bright for all if only the MSMEs can flourish.

“As the year draws to a close, do not forget to register, protect and maintain your online business presence with a .ng domain name. Remember to stay safe online and keep your loved ones safe. There is a future for the online ‘real estate business,’ and you should not hesitate to be a major player

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