The Nigeria Communications Commission, NCC, revealed that the Nigeria Telecommunications sector have since in the year 2000 attracts a total of $68 billion Foreign Direct Investment, FDI, in Nigeria.

The Telcos ecosystem begins when Econet Wireless begins operations in Nigeria. Later on MTN, Glo and of Course Etisalat, Visaphone and Multilinks also comes in. Fast forward, Econet wireless later becomes Airtel which is Nigeria second largest telecom provider. Also Etisalat, in the middle of this year becomes 9Mobile.

The population of Nigeria which is more than 180 million according to World Bank "doing business" report. However, more than 91 million are using the internet regularly. This represent almost 50 percent of the population. While more efforts are needed to ensure that more Nigerians are connected to the internet, the number is higher when compared to other countries in Europe aside Russia.

Nigeria Telecommunications industry will continue to grow in the coming years especially as the Federal Government has finally show commitment to the sector and has also introduced an ICT university. Further, the number of web and mobile apps developers have increased in Nigeria. As a result, many of them has decided to commence technology businesses in areas of finance, agric, education, health and more to help solve various social and financial challenges in Nigeria.

More funds have also entered the ICT ecosystem as many Nigerians tech startups have succeeded to attract funds from abroad and within to grow their startup businesses. This will certainly increase the FDI in Nigeria.
Source: Technology watch Link: http://www.technologywatch.com.ng/2017/09/the-telecom-industry-provides-68-billion-fdi-ncc.html

I don't know what to say. Investments, Investments, Investments yet only a few jobs that lasts....

and it just hit me that Amancio Ortega's net worth is more than that.
God punish poverty