Speaking at the
sideline of formal launch of Guild of Corporate Online Publishers (GOCOP), a
non-governmental organization founded to promote credibility and accuracy in
online journalism in Lagos, Mr. Ojo, a strategic technology consultant and
one-time Chevron Nigeria Head of Management Information System noted that
Yudala strategy is a game-changer which is set to usher in unprecedented boom
in the e-commerce and offline retail sector in Nigeria.
“By virtue of its
model, Yudala is strategically positioned to dominate and re-define the retail
sector in Nigeria and even beyond. Going by the turn-overs being recorded at
the moment both from the online and offline divisions, I can confirm to you
that Yudala will definitely hit a minimum daily transaction figure of N500m by
2017. Ours is a business model that is being driven by cutting-edge technology,
a pool of distinguished professionals who have proven themselves in various
business lines as well as a core back-bone of investors who see Africa and
Nigeria in particular as a prime investment destination.
“As I speak with you,
we are further expanding the pipeline of our offerings and putting in
structures and processes which will see Yudala take its rightful place as the
undisputed leader in the sector. We are yet to see even a quarter of what
Yudala stands to offer in the market place and this is one of the reasons for
the confidence in the business,” he enthused.
When pressed on
further details of how the company plans to achieve the target of N500m in its
daily transactions, Mr. Ojo affirmed that, at the moment, the Management and
Board of Yudala are keeping the winning strategies close to the chest for
obvious reasons. He, however, noted that the company’s road-map makes it a business
to look out for.
“At Yudala, our
road-map is crystal clear. Our mission is to continue to dictate the pace with
innovative products and services which will offer the average Nigerian value
for money while improving the quality of their lives. It is worth reiterating
here that we are also a socially responsible organization. This informs the
decision behind the setting up of the YUBOSS scheme which will go a long way in
reducing the burden of unemployment in the country.”
Through YUBOSS, he
said Yudala is offering millions of Nigerians a platform to create and sustain
wealth with no form of investment on their part.
“The challenge of
unemployment is one that cannot be solved by government alone. In view of this,
we are supporting the Federal Government’s vision of creating jobs for
Nigerians through the YUBOSS scheme. YUBOSS offers a zero investment platform
for many to earn money and ultimately become their own bosses and through this,
we will certainly create many millionaires in the next one year,” he concluded.
With its headquarters
in Nigeria, Yudala which connotes"Best wishes, Peace of mind and
Prosperity" has carved a niche for itself by being the first organization
to combine a real-time online shopping platform with offline stores located in
major cities across the country, with further expansion into other major
African capitals. Backed by its multi-pronged yet standardized business model,
the company has a bold ambition to dictate the pace and set new milestones for
online and offline retail business, with the delivery of world class products
and services in every Yudala store and on the online platform.
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