Ngozi your projection is small compare to what I thought their active customer base is. I thought they were doing like 5 to 6 Million with all their hype.
The fact is that we are too secretive about everything in Nigeria. From inaccurate Government data or lack of it, to businesses hoarding data so they won’t have to pay taxes. And sometimes you can’t blame them as Companies are hit with all kind of taxes.
You will be shocked to find out that a lot of the Petroleum depots in Nigeria are not making the kind of Billions Nigerians think they make, because most of them started without a single industry data, and they are struggling with huge debt.
We hope that as we move forward things will improve, and you just started the movement by disclosing some data about Paylater.