Telecommunication Privatization in Nigeria

The Challenges of Telecommunication Privatization in Nigeria

In the 1990s, many multinational nongovernment agencies (such as: the IMF) encouraged the privatization of state owned entities in favor of privatization. The basic idea was to encourage these organizations to become more efficient, attract large amounts of working capital and to be more responsive to the needs of stakeholders. In Nigeria, this was touted as a solution for effectively dealing with inefficiencies impacting the telecommunications sector to include: corruption and the inability to modernize. This is having a positive impact on the telecommunications firms and consumers. Evidence of this can be seen with that fact that more people have access to these services and new technology (Anderian 2005) (Etieyibo 2011) (Dahlan 2009)

However, more improvement is needed in addressing critical problems. Most notably: effective strategies for leveling the playing field among carriers, better approaches for regulating the sector...
[ View Full Essay]