NIGERIA AND THE GLOBAL INTERNET ECONOMY

There are 1.9 BILLION people on the internet today.

In 2010, Comscore.com reported a 10% increase in people buying online taking the figure close to $34 billion in a quarter (that's just in 3 months). In just the UK alone $7.8 billion was spent online in July 2010. More and more people are getting connected to the internet every 'single' year and only a small handful of people are serving them and cashing in.

E-commerce has grown to become a multi billion dollar marketplace that straddles the entire planet, and yet is still in its infancy. Recent estimates place annual internet turnovers at $100 billion –a figure that is set to skyrocket over the next decade.

THE NIGERIAN SITUATION

A simple search on the internet for the keywords “internet scam” will naturally include Nigeria in the results. This goes a long way to showing the ugly online reputation that our nation has earned over the last decade especially.

While the efforts of anti-corruption agencies, especially EFCC, are yielding fruit, there is great ned for a different and complimentary approach to these ongoing and remarkable efforts.

Thorndike’s Law Of Effect:

This law states that behaviors that are followed by pleasant consequences will be strengthened, and will be more likely to occur in the future.

The fact is that 92% of these scammers are youth and young adults. This finding that puts the potential number of internet scammers at close to over 100,000.

Even if all of them were to be apprehended, the fact remains that no nation can survive with such a huge number of its youth force in jail.

A new approach becomes imperative in nipping this bad practice in the bud.

OUR PROPOSAL

Based on the above stated law, we propose to hold a Youth Workshop for the teeming population of unemployed Nigerian youths, who are faced with the daily temptation of turning to internet crime.

The workshop is a hands-on learning experience for youths across the state with the sole aim of helping them acquire necessary skills for earning a decent income online.

Our firm has been in the online business consulting service since 2009 and in that period, we have been responsible for generating over N2million both directly and otherwise.

IMPLEMENTATION

The one-day workshop will be followed-up with a 90 to 180 day mentoring program in the different streams of legal online business –excluding forex trade.