Cloud Computing.how Does It In The Naija It Arena

Hi all techies
                   
   cloud computing is the latest buzz in IT. To me its a glorified remote desktop operations(just kidding). But there has been so much stuff going on about cloud computing and its benefits(especially to small-medium scale business ). What do you guys think of cloud computing as related to the Nigeria IT picture(data management,security,privacy and costs for potential  cloud customers)