Telecommunication sector shows strength

As the country celebrates 54 years of independence Wednesday, and 15 years of uninterrupted democracy, the nation’s telecommunication sector has witnessed a tremendous change and achievements during the democratic period.

The sector is adjudged an indispensable catalyst for the development of all other sectors in the country.

The democratically elected government in 1999 showed keen interest in the full liberalisation of the telecommunication sector.

The licensing of the Global System for Mobile Communications (GSM) by the Obasanjo administration saw three firms emerged, ECONET Wireless Nigeria, Mobile Telephone Networks (MTN) Communications and M-Tell Nigeria.

The new GSM licences, which were awarded for a period of

NCC moves to reposition telecoms industry, rolls out new corporate governance code

The Nigerian Communications Commission (NCC) on Thursday formally unveiled a telecommunications sector Corporate Governance Code specifically targeted at protecting the over $25 billion investment recorded in the industry.

Speaking at the unveiling ceremony in Lagos, on Thursday, Eugene Juwah, executive vice chairman, NCC, said the code became necessary to reposition the sector, to enable it contribute even more to the country’s GDP (Gross Domestic Product).

Telecommunications was the star performer in Nigeria’s rebased GDP figures. The telecoms and information services sector contributed 8.68 percent to the