The Privatization of Telecommunications Sector in Nigeria: Prospects and Challenges
1.Raji Abdulwasiu Adeyemi, 2.Mohd. Haniff bin Jedin, 3.Muhammed Subhan
Abstract
Telecommunication as a source of information is germane to the growth and development of any nation. Its imperative arises from the impact it has on the socio-economic development, infrastructure and the wellbeing of the people. This simply means that in this modern world, for other sectors of the economy to thrive, telecommunication has a significant role to play. Given this backdrop; this paper has the objective to examine the impact of the privatization of telecommunications sector on the socio-economic development of Nigeria. To achieve this objective, the study employed purposive sampling method to select respondents across the major stakeholders in the telecoms industry. Thematic analysis was used to analyze the qualitative data. During the course of study, the paper discovered that privatization of telecommunications sector has enhanced the socio-economic development of Nigeria. However, the paper uncovered a lot of challenges in the sector. The paper therefore recommends based on the findings that the regulatory body as well as service providers need to wake up to their responsibilities for the efficient and effective service delivery