₦airaland Forum

Another milestone attributed to strong leadership and regulation of the industry by GEJ. see link
http://allafrica.com/stories/201503170199.html

Nigeria has been ranked second in the Affordability Index's ranking of developing economies - scoring higher than other African developing economies like Kenya, Morocco and Uganda, and higher even than some emerging economies, including Mexico, South Africa, Thailand and Tunisia.

Nigeria's showing in the research, according to the presentation by Executive Director, a4ai, Sonia Jorge, was buoyed by a strong leadership and regulation of the industry, robust broadband strategy, effective competition in the telecommunications sector, efficient spectrum allocation, Universal access to rural and underserved population, and infrastructure sharing, among others.

She noted that the backbone infrastructure in Nigeria has improved significantly over the last decade, with multiple players, including Phase 3, Glo 1, Suburban Telecom, Multilink and MTN, building fibre networks that crisscross the country. "Nigeria's regulator, the Nigerian Communication Commission, plans to award seven licenses to regional infrastructure companies to extend broadband infrastructure nationally. The first two of these were awarded in early 2015 to MainOne and HIS Communications to provide services in Lagos and North Central states, respectively.

"The government is also working to improve infrastructure sharing among these operators, who have traditionally built overlapping fibre networks. The nascent "Smart States" initiative, which sees states committing to reduce the cost of broadband access by reducing taxation and simplifying regulation, is also a positive step. Nigeria's mobile broadband penetration rate stands at just 10% - despite the fact that close to 40% of Nigerians use the Internet - and the government has put in place policies to increase this penetration level to 30% by 2018. To increase the ability of mobile operators to serve more Nigerians, plans were recently announced to auction spectrum in the 2.6 GHz band," Jorge emphasised.

The study covers 51 emerging and developing economies. The countries are so ranked based on period of commitment to pursuing policy and regulatory frameworks that promote healthy and competitive markets for infrastructure expansion and have been creating incentives to stimulate the demand for broadband for quite a long time (at least two to three decades). The study noted that in the case of developing economies, such as Rwanda and Nigeria, their efforts are more recent.

GEJ is working..........we want contuinity.Keep on MarchingForward.........BackwardNever.......Haters can keep on hating while GEJ keeps on working

Talk true!

Yega.... Forward Nigeria!!!

Our best days are before us, not behind us. We must continue to move forward. - GEJ

No stopping the Transformation.

is like those shouting change don't understand economics.

My Goodluck is working

ozoigbondu:
GEJ is working

some APC cyber rats will soon come and tell us how Buhari started it in 1983

hopilo:
is like those shouting change don't understand economics.

correct most of them are dumb to development e.g berem egift omenka koboko69

hopilo:
is like those shouting change don't understand economics.

correct most of them are dumb to development e.g berem egift omenka koboko69 et al

least ranked markets

Impatience is killing us.

Honestly, if GEJ exit power this year and Buhari or any other person takes over, we will only succeed to forfeit the progress made by this administration.

Redoil:
some APC cyber rats will soon come and tell us how Buhari started it in 1983

Wait, why has extreme poverty increased in our nation ever since the induction of GEJ as commander in chief, wait, remind me why our foreign reserves have reduce from over a 100 billion when Obasanjo left to under 30 billion dollars today(they claim), yet those who are not ignorant would have by now realized that our foreign reserves are empty just like our treasury. My friend I came to respond with reasoning, not hatred as at the end of day what I am saying is in the best interest of you and our nation in general.

Redoil:
correct most of them are dumb to development e.g berem egift omenka koboko69

Fool....paper economics by madam frogged eye. Wetin oyinbo know? its the paper and cooked books Okonjo uses they work on. Econmy growing yet people are stowing away in aircrafts, ships....just to leave this country. People Like u are still hoping for visas....tto bolt out. Many of your types are hustling for bisa to even SA back door. Swear that if u are given a visa to bolt out this country...u will reject it...coos economy is growing. Keep deceiving ur self...that is the greatest folly one can do to himself.

I laugh in Swahili

anulaxad:
Wait, why has extreme poverty increased in our nation ever since the induction of GEJ as commander in chief, wait, remind me why our foreign reserves have reduce from over a 100 billion when Obasanjo left to under 30 billion dollars today(they claim), yet those who are not ignorant would have by now realized that our foreign reserves are empty just like our treasury. My friend I came to respond with reasoning, not hatred as at the end of day what I am saying is in the best interest of you and our nation in general.

Do you know the impact of money siting in reserve on the economy? I give you hundred naira and another 100 naira, you go put your own under your box, the other put 30 under the box, and use 70 in diverse things that has possibility of bringing profit and loses, over time you tell me that your 100 still dey oo and I tell you my 30 still dey but you start seeing investment area showing up in liquid cash and not the 100 nairas you expected, economic experts that base their analysis on forecast from investment returns rates the other guy higher than you, you complain that your 100 naira dey oo and the guy 30 naira dey ooo. them come tell you that liquid cash wey your guy get worth 150 naira plus d 30 naira wey still dey him box. bros economically that guy pass you. Q.E.D

hopilo:
Do you know the impact of money siting in reserve on the economy? I give you hundred naira and another 100 naira, you go put your own under your box, the other put 30 under the box, and use 70 in diverse things that has possibility of bringing profit and loses, over time you tell me that your 100 still dey oo and I tell you my 30 still dey but you start seeing investment area showing up in liquid cash and not the 100 nairas you expected, economic experts that base their analysis on forecast from investment returns rates the other guy higher than you, you complain that your 100 naira dey oo and the guy 30 naira dey ooo. them come tell you that liquid cash wey your guy get worth 150 naira plus d 30 naira wey still dey him box. bros economically that guy pass you. Q.E.D

How I managed to make sense of what you wrote is a reasonable achievement, but be clear your telling me our foreign reserves are being diversified in our country , I wont insult you, your doing a good job of that yourself , wait now you are telling me that this so called 'investment' will be bring profit(also loss) where is the profit because all I see is major loss, do remember our foreign reserves are in an account meaning if we to add inflation our foreign reserves should increase. Finally where is the report on why our resErves have almost dropped by over 10 billion DOLLARS this year so far. . My maths teacher used to say Q.E.D .