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AllAfrica
2 April 2008
Posted to the web 3 April 2008
...However, despite the challenges the country is facing at home, it has been celebrated for its astonishing growth especially in the area of telecommunications by being officially recognised as the largest telecoms market in Africa....
...From less than half a million connected lines in 2001, the country has garnered about 42 million active subscriber base and still counting in less than six years, pushing South Africa aside to the second position. Hardly had the news hit the airwaves that Nigeria was now officially the largest telecoms market in Africa, than it got another endorsement from no other than the United States government, which stated that Nigeria and South Africa were both in the forefront of a gradual shift in the balance of power around the globe. Reports over the weekend quoted the Director for Public Affairs and Diplomacy for African Affairs, US Department of State, Gregory Garland, as describing Nigeria as a rising strategic power that has used its diplomatic, economic and military power to shape the continent for the better, leading the US government to change its African policy...
...The benefits of this recognition in addition to that of the World Bank report, which described Nigeria as one of the nations to look out for in the year 2020 if properly harnessed, can indeed catapult Nigeria to the one of the top 20 economies by 2020. But this will be largely driven by the full adoption of information communications technology (ICT). ICTs are technologies that enable communication and information processes and transmission through electronic means. It includes the deployment of telephones, media, radio, television, computers and the internet for information transmission. It is a known fact that development, power and wealth of nations are directly proportional to and dependent on its uptake of ICT. This is instructive and should not be taken lightly especially as the global ICT market hits 4.6497 trillion dollars.
full article:
http://allafrica.com/stories/200804030653.html
.. should watch out for them.. when they say people in nigeria need money.. waa been.. they will take ur money out of ur bank in no timee