Telecommunication Privatization in Nigeria
The Challenges of Telecommunication Privatization in Nigeria
In the 1990s, many multinational nongovernment agencies (such as: the IMF) encouraged the privatization of state owned entities in favor of privatization. The basic idea was to encourage these organizations to become more efficient, attract large amounts of working capital and to be more responsive to the needs of stakeholders. In Nigeria, this was touted as a solution for effectively dealing with inefficiencies impacting the telecommunications sector to include: corruption and the inability to modernize. This is having a positive impact on the telecommunications firms and consumers. Evidence of this can be seen with that fact that more people have access to these services and new technology (Anderian 2005) (Etieyibo 2011) (Dahlan 2009)
However, more improvement is needed in addressing critical problems. Most notably: effective strategies for leveling the playing field among carriers, better approaches for regulating the sector and innovative solutions for managing growth / maintaining a balance between governmental / privatized entities. This is useful in showing the positive benefits from the privatization of Nigerian telecommunication companies. It is also illustrating immediate challenges that must be addressed and solutions for dealing with these issues. These factors are highlighting the strengths and weaknesses of privatization over long-term and the best strategies for enacting positive changes. Yet, despite these benefits criticisms continue to mount. This research study will focus on these issues and how they can be addressed over the long-term. (Obo 2012) (Dahlan 2009)
Literature Review
The literature review is illustrating new challenges from the privatization of the industry. At the same time, it is highlighting potential areas where more investigation needs to be conducted in order to understand the overall...
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