By Ernest C. Ndukwe, Executive Vice Chairman, Nigerian Communications Commission (NCC)
♦ Telecommunications is acknowledged as
one of the most important infrastructures essential to the socio-economic well-being of any nation. ♦ The globalisation of world economy has further amplified the importance of telecommunications to the economy. ♦ The Telecommunication Sector is one of the fastest-growing sectors, and in terms of capitalization.
INTRODUCTION – CONTD.
♦ Government recorgnised the importance of
telecommunications for the socio-economic development of the nation. ♦ The phenomenal growth of GSM since it was introduced in Nigeria less than three years ago confirms this. ♦ GSM is indeed one of the major dividends of Nigeria’s transition to democracy.
THE ENABLING ENVIROMENT THAT MADE GSM A REALITY
♦ Making the right choice of technology ♦ Taking timely decisions ♦ Consistent and predictable regulatory policy
on the part of government ♦ Transparent award process used by the regulatory authority ♦ A large ‘ready-made’ market
DIVIDENDS OF GSM REVOLUTION
♦ Foreign capital inflow ♦ Stimulation of local investment ♦ Increased access to telephony services ♦ Job creation ♦ Indigenous skills acquisition and
DIVIDENDS OF GSM REVOLUTION – CONTD.
♦ Revenue generation in licence fees of over
$1.1 billion USD ♦ Economic empowerment of local population ♦ Phenomenal increase in Nigeria’s teledensity within three years ♦ Increased tax-revenue for government
The following are approximate data relating to GSM deployment in Nigeria in the first three years. ♦ Private Investment of over $4 billion ♦ Total number of lines connected to subscribers: over 3.8 million ♦ Improved national coverage of cities, villages and highways
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