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Communication / Telecom in Lagos, Nigeria



Communications in Nigeria have witnessed a tremendous boost over the past few years. Deregulation of the telecommunications sector led to the introduction of major Global System of Mobile Communications (GSM), mobile phone providers MTN Nigeria, V-Mobile, Globacom and Mtel. 

You can get an activate a mobile line in minutes. Since the GSM launch, mobile telephony has rapidly become the most popular method of voice communication in Nigeria. Growth has been so rapid that Nigeria has been rightly described in various fora as "one of the fastest growing GSM markets in the world". Indeed these developments have been truly explosive: 

According to Chief Cornelius Adebayo, the Federal Minister of Communications, (ITU, March 2006) "The number of fixed lines which was about 700,000 in 2002 had almost doubled by the end of 2005, while the number of Mobile lines had risen from about 1.56 million in 2002 to the present figure of about 20 million. It is no wonder then that the Nigerian Mobile market has been rated as one of the fastest growing in the world and it is projected that by the year 2010 it will be Africa's biggest mobile market. The prices of SIM Packs have crashed to the extent that these are now virtually free. Investment in the sector continues to grow and has risen to over $8billion from $50 million in 2000 and the investors are smiling to the banks, from the profit figures published by the operators".

The combined activities of Nigeria's telecoms providers - GSM, FWA, PTOs, telephony and VSAT operators and NCC's regulatory efforts has led to increased competition and availability of a wide range of voice, data and internet applications and services. The improvement in the telecom situation in Nigeria has made significant impact in all sectors - commerce, social and educational.

The telecom boom has resulted in greater usage of Internet Technology, growth and availability of cyber cafés, increased Internet provision by ISPs and PTOs, increased communications services (mobile telephony, e-mail, VOIP), reduction of Internet costs, online information gathering and research, e-learning, Internet business opportunities, online advertising opportunities as well as developments in e-banking. Growth has been phenomenal because Nigeria's size is massive and Nigerians have been starved of such access for decades. 

A few years ago, "cyber café" was a strange word from another world. Today cyber cafés exist in virtually every neighborhood especially in the urban centers. Because cost of ICT is still relatively high for most individuals, the cybercafe has significantly improved accessibility to the Internet in Nigeria. 

Nigeria has many Television and radio stations, with most of them covering the Lagos area. Cable Television services where you can view international cable channels are also available from various vendors.

Learn more about IT and Telecom in Nigeria here


Ikeja Computer Village

is one unique hub of economic activity in Lagos. The computer village is known as the "silicon valley" of Lagos - it is an ICT hub that attracts attracting patronage within the West African sub-region. - the computer hardware hub of Nigeria and indeed West Africa. It grew from a 10-shop computer market to a huge market that now provides employment, as well as opportunities for private enterprise and investment and computer education. 

INTERNATIONAL Data Corporation (IDC) recently opened an office in Lagos, Nigeria. In addition to a solid 5.6 per cent growth in GDP in 2005, the IT hardware markets (PCs, servers, Imaging and Hardcopy devices) in Nigeria are growing at an astounding rate. Representing more than 55 per cent of West Africa's PC market, Nigeria has led the region in diversifying its economy and developing opportunities for IT vendors.

The Ikeja computer village is within the area covered by these streets in Ikeja - Kodesoh Street, Oremeji Street, Ola-Ayeni Street, Otigba Street, Olayi Tomori Street and Pepple Street.

The computer village is a must-visit for those interested in computer shopping and items.

 

ICT growth and Opportunity

According to the International Data Corporation (IDC), the IT hardware markets (PCs, servers, Imaging and Hardcopy devices) in Nigeria are growing at an astounding rate.

ICT opportunities abound in Nigeria, as it is strategically placed as Africa's most populous nation and West Africa's largest economy. And with more improvements in the business environment, things can only get better.

Learn more about IT and Telecom in Nigeria here



Currency: Naira 
Rate as June 6, 2006:
(Official Rate: 126 Naira to 1 Dollar / 235 Naira to 1 Pound Sterling / 161 Naira to 1 Euro)
Bureau De Change Rate: 136 Naira to 1 Dollar / 256 Naira to 1 Pound Sterling / 176 Naira to 1 Euro)


 

 

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