Monday, October 16, 2006
GSM Creates 1 Million Jobs in Nigeria
Over one million jobs have been created in Nigeria since the liberalization of the telecommunications sector of the economy.
An estimated 10,000 people are directly employed by the mobile network (GSM) operators alone while no fewer than a million persons are indirectly employed in the industry, earning their living as equipment vendors, advertising and public relations consultants, recharge card distributors, retailers and phone booth operators.
Other dividends of the full liberalization of the sector include the crash in tariff and charges for fixed telephones and digital mobile lines. Fixed lines which sold for an average of N100,000 at the end of 1999 are now as low as N15,000 while the cost of acquiring digital mobile lines crashed from about N60,000 to less than a hundred naira over the same period.
Posted by Dennis Smith at 9:43 AM
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