LordAdam16:


Part of this is why I don't follow the Nigerian tech scene anymore. A lot of the actors there have their heads in Yaba clouds.

But to your point, Iroko could be doing this to have FMA (first-mover advantage). Although it doesn't seem like we're making headway, monthly minimum wage has been under $100 since forever (it temporarily went higher under Jonathan, but it's back under), and would be for the foreseeable future. So it's not like the number of prospective customers who can afford to pay would drastically improve anytime soon.

The idea is that as the country evolves from a third-world backwater to a middle-income country; disposable income would increase substantially enough that there'd be an extended growth phase. Essentially, setting up shop not for the current economic reality but for the future.

For the IT sector, what Nigeria needs is a Mukesh Ambani armed with a full-proof business plan and strategy to tackle our bespoke challenges. Dude single-handedly transformed India's broadband industry directly causing the bankruptcy of over a dozen ISPs and forcing the merger of two of the four largest telecoms. I had high hopes about NTEL, but it seemed they crumbled under the weight of our harsh economic environment.

Unfortunately, we don't have anyone remotely like him. And don't mention Dangote; dude only goes for low-hanging fruit.

The purchasing power of Indians is also very low, but because of the ridiculously inexpensive data; their tech scene is thriving. It can be replicated in Nigeria, but whoever commits to that has to have a very deep pocket (be immensely wealthy), have political connections everywhere, and be prepared to do whatever it takes to succeed because the challenges would be massive.

-Lord

I tell you...I lived in Benin Republic years back and paid 25,000 cfa (naira equivalent was about 8,000 naira THEN) for unlimited data for maximum 3 computers. The company's name used to be Isocell or something like that. This was about 2008.

It's shocking and appalling that in this age and time, data is still luxury for Nigerians. It's simply mind boggling.

sexybbstar:


IrokoTv is mainly for Nollywood movies. I need an app that's just for bollywood movies alone. I don't even want to sight any nollywood movie in the app.

You are not a good citizen.

philip0906:
I tell you...I lived in Benin Republic years back and paid 25,000 cfa (naira equivalent was about 8,000 naira THEN) for unlimited data for maximum 3 computers. The company's name used to be Isocell or something like that. This was about 2008. It's shocking and appalling that in this age and time, data is still luxury for Nigerians. It's simply mind boggling.

Some Nigerian companies treat their employees like slaves.