Deregulation of the Nigerian Telecommunication Sector: Interrogating the Nexus Between Imperialism and Development

Chidozie, Felix; Odunayo, Lawal Promise; Olutosin, Ajayi Olumuyiwa

doi:10.5901/mjss.2015.v4n1p173

Cited by 11 publications

(10 citation statements)

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“…In consonance to Mould (2019), this research work investigated if truly the telecommunications industry has been a significant contributor to the economy, how it has enhanced the lifestyle of Nigerians, businesses, social engagements, and networks, and the commensurate reflection on GDP, considering the rate of unemployment in the nation and untold hardship that many Nigerians continue to complain about. In furtherance to the above-mentioned challenges, it is important to recognize that Nigeria's GDP in the period under review, and the infusion of its importance in consonance to the teledensity and spread of the GSM network across the country, has delivered some opportunities for tackling youth and graduate unemployment, development of online business opportunities, digital banking and services provisions with eand m-commerce (Chidozie et al, 2015).…”

Section: Gsm Penetration Journey In Nigeria From 2004 To 2019mentioning

confidence: 99%

GSM and the Nigerian Economy: The Journey from 2004 to 2019

Enahoro¹,

Olawade²

2021

IJEF

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The turn of the 21st century saw Nigeria liberalize its telecommunications sector with the deregulation of the industry, and the introduction of the Global System for Mobile communications (GSM) network platforms in the country. This move had an immediate positive socio-economic impact. Sectors like information technology, banking and finance, online trade, sporting, education, entertainment, security, and healthcare have significantly improved over the years. So far, tens of millions of direct employments have been directly provided via the platform. Furthermore, the country’s GDP attributable to telecommunication has constantly increased since the deregulation of the telecommunication industry. The paradigm shift has since seen the industry grow at a pace faster than most established networks in the world. However, several demerits have also stemmed from this advancement such as cyber-crime, cyber-bullying, blackmailing, and reduced productivity attributed to social media distractions. Even with the apparent progress, it can be concluded that the telecommunication sector is still quite underexploited in Nigeria. The lack of basic infrastructures like constant electricity and accessible road networks across several parts of the country, and the harsh economic policies have severely limited the potential for heightened economic productivity. 

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Section: Gsm Penetration Journey In Nigeria From 2004 To 2019mentioning

confidence: 99%

GSM and the Nigerian Economy: The Journey from 2004 to 2019

Enahoro¹,

Olawade²

2021

IJEF

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“…Subsequently, in the year 1985 because of the repeated calls for the commercialization of telecommunication services in Nigeria, the government of the day initiated the merger of internet with the Telecommunications arm of P&T to form what's now to be called the Nigerian Telecommunications Limited (NITEL) which is the umbrella government body regulating using cellular telephony in Nigeria [4].…”

Section: проблеми міжнародної національної та регіональної економікиmentioning

confidence: 99%

DEVELOPMENT OF INVESTMENT POLICY FOR STIMULATING A COMPANY’S ECONOMIC ACTIVITY IN NIGERIA (based on MTN company)

Oyebanre¹,

Chaplynska²

2021

BESLI

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The type of investment policy in any country has a big influence on the level of growth and development of business activities. If the investment policy is favorable and adaptive, it enhances business activities to flourish and bring economic development. However, if it is not, it can stifle business growth and economic development in the country. This article analyzes the impact of the foreign direct investment policy adopted by the Nigerian Government on economic growth in the country with a particular focus on MTN Nigeria, a foremost telecommunication company in Nigeria. It further analysis the economic activities of MTN as a company by its impact on the GDP of Nigeria as a country, the company’s financial activities, threats and risks it has to combat and mitigate inorder for it to achieve these phenomenal and outstanding results over the years of its existence as a corporate entity in Nigeria. The article therefore summarily establishes foreign direct investment policy as one of the investment policies that drive economic growth and business development especially in the telecommunication industry in Nigeria. It compares the foreign direct investment policy in Nigeria as against the indigenization policy previously adopted which stifled the growth of businesses in Nigeria and further recommends the foreign direct policy as a more effective and liberal policy that allows the Nigerian economy to thrive and business economic activities to grow at the same time.

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“…For example, it has the largest market for the mobile communications business in Africa. South African telecommunications company, MTN has more than 52m customers in Nigeria, exceeding the entire population of South Africa (Chidozie et al, 2015).…”

Section: South Africa's Soft Stance Towards Chinamentioning

confidence: 99%

Counting the Cost? A Cautionary Analysis of South Africa's BRICS Membership

Umezurike

Ogunnubi

2016

JEBS

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BRICS is a grouping of five major developing countries that includes Brazil, Russia, India, China and South Africa, all with the ambition of changing the governance architecture of international political-economy but with claims to speedy industrialization, fast growing economies and relatively strong regional and global influence. South Africa joined BRICS at the invitation of China in 2010 and has shown commitment to the group through friendly relations with other member countries. The countryâ€™s extensive economic links with China and the other BRICS states underpinned its strategy of diversifying its external trade especially with regard to looking away from West. This article employs content analysis to reflect on South Africaâ€™s membership of BRICS, focusing specifically on the countryâ€™s relations with China. It argues that, while South Africaâ€™s economic indicators do not fit well with the BRICS grouping, China is promoting this relationship in order to counter the Westâ€™s neo-imperialism and neo-liberal rhetoric. South Africaâ€™s willingness to accept Chinese superiority in the African market and to act as a junior partner in the global power configuration makes the country the perfect choice for this project.

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Deregulation of the Nigerian Telecommunication Sector: Interrogating the Nexus Between Imperialism and Development

Abstract: This study investigates the deregulation of the Nigerian Telecommunication Sector within the precinct of Imperialism and development. This is premised on the fact that

Cited by 11 publications

References 10 publications

GSM and the Nigerian Economy: The Journey from 2004 to 2019

GSM and the Nigerian Economy: The Journey from 2004 to 2019

DEVELOPMENT OF INVESTMENT POLICY FOR STIMULATING A COMPANY’S ECONOMIC ACTIVITY IN NIGERIA (based on MTN company)

Counting the Cost? A Cautionary Analysis of South Africa's BRICS Membership

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