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Posted by Chukwuemeka on December 01, 2006 at 06:57:42:

What does it really take to buy online in Nigeria? A lot has been heard of many Nigerian businesses striving to introduce this online commerce in Nigeria, but the quetion is; how have there fared? How do they actually operate? Even if they set up an internet business for us to buy from their online store, is the buying process safe enough for Nigerian consumer? I've heard of Nigerian web hosting services being offered online for people to pay into a specified bank account, after which they'll recieve their settings in an email. What if the buyer changes his mind and asks for a refund? Is there any provision for that. Even after paymnent into the respective account, what is the assurance that the account owner would not flee the country after accumulating millions from Nigerian customers. The fact is that even if not all these online Nigerian concerns are fraudulent, they mostly do not offer satisfactory services. Truly the payment system has become improved with the advent of E-COMMERCE providign companies like E-tranzact e.t.c., it is still not safe enough for the Nigerian buyer since they are no specific regulating laws yet for online transactions and hence if online fraud was perpetuated, i doubt if E.F.C.C. would be able to protect those who buy online. I recall at the latter end of last year when E.F.C.C. made a comment that they could not tackle internet fraud, i hope that was in the past. I do also belive that in spite of all these risks, they are still some honest web companies in Nigeria where one could actually buy online and still be on the safe side.


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