CommTech Minister, others to unveil Nigeria Employees Digital Welfare Scheme from Buyright Africa
By Olubunmi Adeniyi
Lagos. November 22, 2012:To empower Nigerian workers, Buyright Africa, a digital lifestyle company that offers a convenient payment scheme on Information and Communication Technology (ICT) equipment and home appliances, is set to launch the Nigerian Employees Digital Welfare Scheme (NEDWS) in Abuja.
NEDWS enables Nigerian workers in both the public and private sectors to buy ICT equipment like computers, smart phones, printers, scanners, projectors, UPS and home appliances like TVs, refrigerators, deep freezers, microwave ovens, electricity generating sets of any brand of their choice from Buyright Africa with the convenience of paying over a period of six months at zero interest rate.
According to Buyright Africa, the new scheme will be formally unveiled by Omobola Johnson, Minister of Communications Technology, Chukwuemeka Wogu, Minister of Labour and Productivity as well as Ibrahim Omar, President of Nigeria Labour Congress (NLC) at the Transcorp Hilton Hotel on December 6, 2012.
Mukoro Emomine, Managing Director, Buyright Africa, says “we have been test-running this credit scheme for over seven months and have over 7,500 certified employees who have benefitted from it.”
According to Emomine, the intention of NEDWS and its partners is to build financial and moral integrity in Nigerian employees of the 21st Century towards the development of a viable credit-based society.
He says the focus is to encourage employees to enjoy a minimum standard of living while working hard to improve productivity and reduce fraud at their work places.
“How long will it take a young graduate, who just secured a job on a salary of N75, 000 per month, to save and buy a new laptop or TV? This is one of the questions this scheme is structured to answer and has been answering. It is one of the problems of our growing society,” he adds.
According to him, as different governments and the private sector struggle to survive globally, NEDWS is meant to empower employed citizens to extend quality living to their households.
Buyright Africa says that, “this is the trend in the civilized world, but here, companies and individuals are afraid to extend credit facilities to employees without asking for an arm and a leg, including the burden of completing complicated forms.”
Emomime assures that NEDWS is a complete departure from that tortuous path noting that Buyright Africa instituted a process that has certified, as at the end of October, about 19 companies in the private sector, nine Federal Ministries and MDAs, two state governments, six tertiary institutions, two churches and five co-operatives.
Staff of these certified institutions will only complete simple application forms, issue their post-dated cheques and the ICT equipment or household appliances of their choice will be delivered to them with no hassles, he adds.
Buyright Africa says that the list of certified institutions and governments would be released at the launch noting that employees of companies, institutions or government not yet certified shall also enjoy the scheme. But they must be guaranteed by their managements or co-operatives. This may take a few hours longer than the certified organisations and governments, the company says.
“NEDWS is not demanding any form of bank guarantees and is not working with any bank. That is why it is interest-free. All items offered on this scheme are global brands and applicants are free to choose any brand they like,” according to Emomine.