At the meeting of e-commerce stakeholders, Suleman Audu, director of the Department of Commodities and Exports, said that the federal government is committed to developing an e-commerce strategy in line with the post-Covid-19 recovery plan. The aim is to encourage investment in the e-commerce value chain.

The Nigerian Ministry of Industry, Trade and Investment wants the e-commerce sector to generate $75 billion a year in revenue by 2025, up from the current $13 billion. At the meeting of e-commerce stakeholders, Suleman Audu, representative of the Minister of Industry, Trade and Investment, said the ministry has provided adequate investment to achieve this goal.

He acknowledged that Nigeria "is yet to fully exploit the opportunities inherent in the e-commerce value chain, largely due to inadequate investment, coupled with poor information and communication.He acknowledged that Nigeria "has yet to fully exploit the opportunities inherent in the e-commerce value chain, largely due to insufficient investment, coupled with insufficient information on the opportunities in the sector and the inability of the government to provide the required enabling environment.

Through the revenues generated by e-commerce, the Nigerian government wants to reduce its financial dependence on oil. A strategy that aligns with calls for economic diversification by the United Nations Economic Commission for Africa and the World Bank.