Telecommunication Technology: Issues and Trends In West Africa

An industry research conducted by Pyramid research team has revealed that Nigeria’s telecommunications market will generate over $11 billion at the tail end of 2019. The projection also unveiled that that the number of mobile subscribers in the country may hit 182 million by that date. Underscoring the resilience of the sector, it stated: “political instability and low oil prices have led to a depreciation of the naira against the dollar, but the telecommunications market will remain an integral part of the country’s efforts to diversify its sources of growth.” The $11 billion figure represents a jump of over $3 billion from what the sector generated in 2013, thereby sign-posting it as one of fastest growing economic sectors in the continent. The disclosure was contained in the second quarter, April-June publication of the Nigerian Communications Communication (NCC) industry review and analyses

Becoming an Online Reseller One of the opportunities that this number of internet users in Nigeria is online reselling. Now this is another business you can start without owing a shop and with zero capital. All you need to do is an online presence and internet access, with either your laptop or tablet. How it works Decide on the goods you want to market What you can sell online is limitless, from houses, to kitchen knife. Anything and everything is possible. So decide on what you have to sell. Don’t be a jack of all trade here . Focus on the few items you really love to sell, you that you can have mastery of both the market, the buyers and the actual owners of such goods. Effectively, you are just a middle man for these items, but doing it online. The most effective way is to have some agreement with those you want to sell their wares online. Such agreement will include but not limited to; ·          Goods returned as a resu...

How will the present changing market landscape benefit the skilled or Semi labor? The critical factors in setting small businesses includes but not limited to: Rents Access to finance Advertisement Etc. These hinder start up greatly. The changing landscape in the market place has changed all that. Whether you are a mechanic, an electrician, or a plumber, these limitations don’t exist anymore. All that is required now is just a little skill in the online environment; knowing how to browse, send email messages, engage with social media communities to sell your skill, and then maintain trust and integrity. But this will work out best in a group environment. The artisans will do well by forming themselves into either a group or cooperatives. A group might be a team of a) artisans, which may comprise, electricians, plumbers, cable installers for a house hold maintenance on one hand and b) A group of auto mechanics, auto electricians, and panel beaters Grouping t...

Let's examine the Opportunities as a result of these growing internet users From the data available from NCC, the present subscriber data shows that 86m users are online in Nigeria and 80% of these online users are mobile. A little mathematical calculation shows that the figure will hit 100m plus by 2016 and that is huge indeed. The first casualty to this growth will be the cost of shop rentals as the market place will shift dramatically. Let us examine these opportunities one by one for the next one week Small scale farmers I was in Jos just some few weeks ago and I met a farmer harvesting cucumber. I asked him if he will be willing to sell to me and he said why not. Well I requested for a 500Naira cucumber and I was taken aback when he filled a bucket for me. Wow! That was a 5000Naira cucumber in Abuja. The distance between Abuja and Jos is just less than 400km and the price disparity is unbelievable in terms of these farm produce. Think of a situation where th...