The Nigerian Telecoms Market- Its Uniqueness (2)
Why am I so optimistic about the prospects of a wireless Internet boom in Nigeria? In my last post, I have already talked about the Nigerian spirit, his doggedness, his aptitude and hard work and his zeal to bootstrap himself out of poverty. This is a major driving force. Needless to say that the internet boom itself translate to a lot of wealth creation and poverty reduction. Once we have a low total cost of ownership for both the terminal devices and a broadband internet connection, the Nigerian market will experience a boom. In addition to this I am looking at some policy frameworks that are ongoing; the e-payment system by the government and the e-solutions the banks and other financial institutions are introducing. The NCC has also put together a robust regulatory framework to this regard and is pushing for an internet for all schemes. What remains now is to accelerate this processes in addition to a strong legal framework so that if you 419 me through the e-system I can sue your ...