Ayanfeoluxyz's Posts
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House pls what is the salary range for INEC entry level staff level 8 |
For over a decade, most Nigerians who borrowed airtime or accessed data advances on their mobile phones probably never stopped to consider who was behind the service. It was convenient, available, and seemingly part of everyday telecommunications life. Yet behind this simple service lies a larger story about market dominance, economic opportunity, and the future of Nigeria’s digital economy. For approximately 12 years, South African-owned Optasia, formerly known as Channel VAS, has occupied a commanding position in Nigeria’s airtime credit and data advance market. While business success should be applauded, the prolonged concentration of such a strategic and lucrative segment of the economy in the hands of a single foreign operator raises legitimate questions about competition, local participation, and national economic benefit. The concern is not merely about who operates the service. It is about whether Nigeria has maximized the opportunities that should naturally flow from a market of this scale. At a time when the country is battling foreign exchange shortages and seeking ways to strengthen domestic economic growth, reports that significant profits from the sector have been repatriated abroad deserve serious scrutiny. Every naira that leaves the economy through profit transfers is a naira that could otherwise support local investment, create jobs, and stimulate innovation within Nigeria’s borders. More importantly, many observers argue that the arrangement has done little to nurture local capacity. Despite the remarkable growth of Nigeria’s fintech sector, one of the most profitable digital service niches remained largely inaccessible to indigenous firms for years. That reality should concern anyone interested in Nigeria’s long-term economic development. The country has no shortage of technological talent. Nigerian fintech companies have repeatedly demonstrated their ability to develop world-class products, attract global investment, and compete successfully across Africa and beyond. Given these achievements, it is difficult to understand why local companies were unable to participate meaningfully in a market that directly serves millions of Nigerian consumers. Competition has always been one of the strongest drivers of innovation. When multiple companies compete for customers, consumers typically benefit from better products, improved service quality, and more competitive pricing. Businesses are forced to innovate, invest, and continuously improve. Conversely, markets dominated by a single player for extended periods often become stagnant. New ideas struggle to gain traction, local entrepreneurs face barriers to entry, and the broader economy misses opportunities for growth. This is why ongoing efforts by regulators to promote greater competition in the sector deserve public support. Opening the market is not about penalizing a company that has been successful. Rather, it is about creating an environment where innovation can flourish and where Nigerian businesses can compete on equal terms. A more open market could unlock significant benefits. Indigenous firms would have the opportunity to develop new products and services. Investors would be encouraged to commit additional capital. More jobs could be created. Most importantly, a larger share of the value generated by Nigerian consumers would remain within the Nigerian economy. The issue also fits squarely within the broader objectives of President Bola Tinubu’s economic agenda, which emphasizes local enterprise development, domestic value creation, and reducing unnecessary capital flight. Sustainable economic growth is built when countries create opportunities for their own businesses and citizens to participate meaningfully in key sectors. Ultimately, the debate surrounding Optasia goes beyond a single company. It speaks to the kind of economic future Nigeria wants to build. Should strategic sectors remain concentrated in the hands of long-standing monopolies, or should they be opened to wider participation and competition? Should opportunities be restricted to a select few, or should they be available to capable local innovators ready to contribute to national growth? https://www.thecable.ng/optasia-and-the-cost-of-a-12-year-monopoly-in-nigerias-digital-economy/ |
The best way to recognise a COLOSSIAN |
Dia area fada dey Abj |
temitope27:ahaaa mr useless. |
temitope27:u dey useful before |
Yoruba Ronu! Eni mi o seni eeyan mi o seyan a o ni fi we alaroo lasan oo. I have lived and interacted with our Eastern brothers and i know the calibre of people they are. They won't associate with you if they are not getting anything in return from you. |
Malory:And you are a pro man and a broke ass |
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In a press released dated 14th February 2022, NDLEA spokesperson Femi Babafemi detailed Kyari's level of involvement in a case involving 25kg substance suspected to be cocaine.
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well done! |
CosmicPhoenix:una no add severe join am! ![]() CosmicPhoenix:una no add severe join am! |
BARCA FANS HOW UNA BODY
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e be like say Barca don sell their GOAT to Maisuyaaa! |
A Nigerian Islamic human rights association, the Muslim Rights Concern (MURIC) has accused the officials of the Oyo State Teaching Service Commission (TESCOM) of Christianising the CBT examination organised to screen applicants for teaching appointments in the state. MURIC alleged that Muslim candidates were made to answer questions on biblical stories. The allegation was contained in a press statement made available to pressmen on Friday, 14 th August, 2020 by the Director of MURIC, Professor Ishaq Akintola. The statement reads: “Muslims who took part in the CBT examination organised by the Oyo State TESCOM were shocked when questions on Christian Religious Knowledge (CRK or BK) surfaced among the questions. They had earlier received information that candidates would be tested in Mathematics, English Language, Current Affairs, Knowledge of Teaching Education and the candidate’s special area. But to their dismay, they found questions on CRK like explaining how Moses was a shepherd to his father-in-law and how Elijah was thrown into the fire. “These CRK questions have the potential of putting Muslim candidates at great disadvantage while Christian candidates are most likely to score high marks. This will eventually lead to the disqualification of Muslim candidates and the employment of Christian teachers. The bias becomes more pronounced when it is realised that no Islamic knowledge question was asked to create a balance. https://www.insideoyo.com/muslim-applicants-were-made-to-answer-questions-on-biblical-stories-muric-accuses-oyo-tescom/
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anayolity:Na Enugu Rangers go sign am! |
emmaodet:Thanks for your response my location is Elere in Eruwa 2 acres local planting is july |
emmaodet:Pls I intend planting groundnut in July . I want to ask if you do buy from other farms too apart from the harvest from your farm? |
Time they say is very significant. The time you were born and the day you would go are very vital in the annals of history. why do we remember certain date as being significant to us? The struggle of June 12 1993 is still fresh in our memories. how can we forget such an important date in a hurry. It was the day Nigerians went to the poll to elect their leader in person of Chief Moshood Kashimawo Olawale Abiola as their president in what was a judged to be the most transparent, free and fair election ever conducted in the history of Nigeria. Hope was dashed; MKO Abiola could not fulfill his dream of becoming the president as the election was annulled by the military administration of Ibrahim Babangida. Babangida cited issues of irregularities and violence as reasons for annulling the election. Spare me the luxury of telling you the disaster that followed and how the masses' president was never allowed to fulfill his dream. Many Nigerians agitated that Chief MKO Abiola should be immortalized. Several government had come and gone and nothing meaningful was done. In 2018 Muhammadu Buhari, now a civilian president of Nigeria under its Fourth Republic , declared 12 June as the authentic Democracy Day instead of May 29th and this seemed to go down well with majority of Nigerians. But for your information, do you know that a prominent northern leader was born today? Sir Ahmadu Bello (Sardauna of Sokoto) was born on June 12th 1910. How on earth would a president from the north easily accede to the wishes and demands of the southwesterners' demands on June 12? In Nigeria , Armed Forces Day , also known as Remembrance Day , is celebrated on 15 January. It was formerly celebrated on 11 November of every year to coincide with the Remembrance Day (Poppy Day ) for the World War II veterans in the British Commonwealth of Nations. Would you say the change in date was a mere coincidence? I guess you might be wrong. Sir Ahmadu Bello was assassinated on this day: January 15th 1966. Not only him, Sir Tarawa Balewa was also assassinated on this said date in Lagos. I would like you to ask yourself why October 1st which coincide with our independence was changed to May 29th as the official date for handing over of government? If you are students of history, definitely you would know that it was on May 29th 1804 that the sokoto caliphate was established. Dig deep and understand why it was changed from October 1st to May 29th Never underestimate the breed of political leaders we have in this country. They are very smart. they know how to pacify the masses.
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daveFBL:Hope you don get pikin sha! |
President Buhari has ordered the presidential task force on COVID-19 to pick up Madagascar’s COVID-19 herbal remedy Boss Mustapha, the Secretary to the Government of the Federation (SGF), made the disclosure on Monday, May 11, in Abuja. The SGF said that the herbal products were donated by Madagascar and sent to Nigeria President Muhammadu Buhari has directed the presidential task force on COVID-19 to pick up COVID- Organics, Madagascar’s self-proclaimed, plant-based “remedy” for coronavirus. Reliable source reports that the Secretary to the Government of the Federation (SGF), Boss Mustapha, broke the news at the daily briefing of the task force, which he heads on Monday, May 11. details later https://www.legit.ng/1328953-coronavirus-buhari-finally-orders-immediate-trial-madagascars-covid-19-herbal-remedy.html
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Macsjebs:Friendly Fire indeed!.. so what is so friendly in playing with what can eventually destroy you |
What else could be more mysterious than COVID 19. make una kwantinue to dey play politics with everything |
aimmoney9:at least it will save u d wahala of HBP! |
The sanctity of the human life means nothing to these rogue leaders of ours. I think there should be an extent to which we play politics with virtually everything in this country. Kano people make una kwantinue to enjoy ur federal packages and goodies while they last! |
Op you wicked no be small! |
UndauntedYOCA:pegging will determine the number of stands you are going to use |
Bluehill1051:You and your parents at home nah u go board plane going to heaven! useless fool! |
Bluehill1051:Hmmn! how would a sane fellow wish his fellow human dead |
[quote author=kadunasouth post=88116520][/quote]Amaa ju yin se baba! |
[quote author=kadunasouth post=88116520][/quote]Amaa ju yin se baba! |
kadunasouth:pls baba kini Ogun ti a le lo fun eni ti o n to latooju sugbon ti ayewo so pe ko ni into sugar ejowo |
