E-Business
Konga Set for Second Live Online Auction on Monday

Excitement and anticipation have reached fever-pitch for the June edition of the live online auction pioneered by foremost composite e-commerce giant, Konga.
A monthly affair which holds every first Monday, the June edition is set for Monday, June 1, 2020 from 12pm.
Already, a wide range of star products spanning a number of categories have been lined up for the live online auction.
They include computing and mobile phones, Home & Kitchen appliances, FMCG products, consumer electronics, wine and spirits, among others. Also, a number of top brands including Samsung, Haier Thermocool, HP, LG, iTEC, Kenwood, Infinix, Tecno, among many others, have partnered with Konga for the June edition of the live online auction.
Indeed, Konga had made history specifically on Friday, May 1, 2020 as the e-commerce giant successfully hosted the first ever live online auction in Africa.
The event tagged Konga Last Price, which was hosted concurrently across Konga’s social media channels and the website, attracted over 25,000 bargain-hungry shoppers who participated in the auction.
Following the success of the inaugural edition of the monthly auction, bargain-hungry shoppers have expressed their eagerness to take part in the next edition scheduled to hold on Monday.
Also adding a touch of extra buzz to event is the expectation among shoppers, some of whom failed to win any bids during the first edition held last month.
‘‘I am determined to be among the lucky bidders this time round,’’ said Ife Bakare, an entrepreneur.
‘‘I bid so hard during the first edition in May but I was unlucky as the competition for the products I was targeting was very stiff. However, I am ready for this Monday’s auction. It is my turn to win and no one can stop me,’’ she declared.
Also, Mustapha Abubakar, a bank staff, revealed that he would be taking Monday off work in order to enable him focus on the live online auction.
‘‘I have identified some products which I am keen to get my hands on. Going to the office on Monday will be a big distraction as I will not be able to participate fully in the auction. That was what happened during the first edition last month. So, I have already applied for a day off on Monday to enable me concentrate on the live auction. It’s an opportunity I am not willing to let go off.’’
Meanwhile, the Konga Last Price live auction will feature three sessions. They include a live auction across its social media channels – Instagram, Twitter, Facebook and YouTube; a timed auction on the Konga website – www.konga.com and a flash sale on social media involving no bids which will run concurrently with the social media live auction.
For the latter two – the timed auction on the Konga website and flash sale on social media, price slashes will be announced at the commencement of the live auction.
Bid winners will follow the regular check-out process and can use the Payment on Delivery option. However, intending participants on the social media live auction are expected to submit their bids via comments with their name, phone number, product and bidding price, with each participant allowed to purchase a maximum of three products per category.
Subsequently, bid winners will be contacted for payment confirmations via bank transfers at the end of the social media live auction.
Equally important – the first edition which was used by Konga to gauge the appetite of customers and also take stock of areas of improvement – recorded encouraging levels of participation.
Some shoppers have also pleaded with the management of Konga to make the revolutionary auction, the first ever hosted to be held in Africa by an e-commerce company, a bi-monthly affair.
E-Business
Senate Passes Bill to Re-enact NIMC Act

The Senate has passed a bill, seeking to repeal and re-enact the National Identity Management Commission (NIMC) Act.
This followed adoption of report of Committee on National Identity Card and Population at plenary on Wednesday.
The report was presented by Senator Victor Umeh (LP-Anambra), chairman of the committee.
Senator Umeh in his presentation said the bill sought to provide for the establishment of a national identity database and the National Identity Management Commission.
According to him,the agency will be charged with responsibilities for maintenance of national database, the registration of individuals and the issuance of identity credentials.
He said the bill would lead to the creation of national identity database to source business biometric and empower NIMC to issue regulations and guidelines for implementation of the act and other related matters.
He said the bill sought to strengthen the legal framework of national and digital identity, hereby creating an optimal foundational identification ecosystem that fosters inclusion, universal coverage, and accessibility.
Senator Umeh said the act would establish a harmonious foundational identity system that is governed by a less restrictive, less cumbersome, non-discriminatory, non-punitive data protection, cost-effective, and compliance with global borders.
Senator Umeh said the bill, when passed into law, would address the challenges and limitations of national Identity management commission Act 2007, repeal it, and then close the gap of incomplete and inaccurate national identity database, provide efficient governance and service delivery.
He said the bill received overwhelming support from stakeholders at the public hearing due to the need to implement the long-awaited database system.
E-Business
World Bank Expresses Concern over Nigeria’s Poor Data, Statistics Quality

The World Bank has expressed concern over Nigeria’s poor statistical performance, noting that the country lags behind its aspirational peers such as Mexico, Colombia, South Africa and Brazil.
Mrs. Julie Osagie-Jacobs, director, Information and Public Relations, Ministry of Budget and Economic Planning, stated this in a statement after a courtesy visit to Senator Abubakar Bagudu, minister of Budget and Economic Planning, by a delegation from the World Bank led by Ndiame Diop, country director; and Mr Johan Mistiaen, practice mfor West and Central Africa, on Wednesday.
In his presentation titled “Next Level Statistics to Support Nigeria’s Reform and Growth Agenda,” Mistiaen stated that Nigeria’s statistical system was not on par with those of its developmental counterparts.
He advised that an annual investment of between $10m and $15m in the country’s statistical infrastructure would significantly improve performance and align Nigeria with its peers.
The statement read in part, “Earlier, Mr. Johan Mistiaen in his presentation on the next level statistics to support Nigeria’s reform and growth agenda, observed that the country’s statistical performance was not at par with its aspirational peers as Mexico, Colombia, South Africa and Brazil.
“He suggested that investing about $10-15m annually into the country’s statistical system can raise performance to that of its aspirational peers.”
Responding, Bagudu assured that the Federal Government would continue to guarantee the independence of the National Bureau of Statistics.
He commended the Bureau for consistently releasing credible and methodical data that have been relied upon by reputable international organisations.
The minister stressed that there would be no government interference in the operations of the NBS.
E-Business
FG Plans to Link Social Register to NIN for Humanitarian Crisis

Federal government has disclosed that efforts are ongoing to link the National Social Register (NSR) to the National Identity Numbers (NIN).
Prof. Nentawe Yilwatda, minister of Humanitarian Affairs and Poverty Reduction, explained that the linked data would assist the country to anticipate crises, mobilize resources faster, and ensure aid reaches those who need it the most.
He said harnessing data would save the country and relevant stakeholders the stress and bottlenecks of outdated processes.
He also identified bureaucratic crisis as the biggest crisis in the humanitarian space which stalls responses to humanitarian issues.
Speaking in Abuja on Tuesday at the National Humanitarian Roundtable programme, the minister said: “People are traumatized by climate change, security threats and economic shock across the country and in the midst of these, we have limited funding.
“The biggest crisis we have is not just the people being killed, the crisis we have is a bureaucratic crisis that does not respond to a humanitarian crisis. Every delay in decision making, every inefficiency in coordination, every shortfall in funding, costs the life of people.
“They say knowledge is power, but knowledge can be destructive too. It can only be power if we use it effectively. By leveraging data and technology, we can anticipate crises; we can mobilize resources faster and ensure aid reaches those who are in need the most and without the bottleneck of outdated processes.
“We are linking the social register to national identity numbers and geotagging all homes of those who are vulnerable across the country so that if there’s any crisis, we don’t need to begin to walk around communities and taking names and asking the States Emergency Management Agency and the National Emergency Management Agency (NEMA) for data.
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