Authors : K.O. Odunaike , O.A. Abimbola and O.O. Oyesiku
Abstract: The research study focuses on the development witnessed as well as the benefits derived in the Southwest of Nigeria as regards telecommunication services after its liberalization in 2001. Having obtained that over 3 million subscribers now have access to telecommunication when compared to when the sector was being monopolized by the Nigerian Telecommunication (NITEL) with only just less than 500,000 subscribers in 1999. Studies revealed that among the benefits derived include, easy and quicker way of solving problems on phone which under normal circumstances could have warranted traveling long distances thereby reducing road traffic jam and reduction in accident victims. High rate of competition not only reduced the price of the starter pack but successful transactions of businesses on phone as well as creation of employment for sustenance living among the masses were generated. The questionnaire was used as an instrument of gathering data. The study however, concluded that the investment in this sector is competing favourably with that of the oil and gas sector. It recommended that the research could be extended to other parts of the country for careful collection of benefits and to also determine whether the revenue generated by the operators are re-invested back into the economy in another form.
K.O. Odunaike , O.A. Abimbola and O.O. Oyesiku , 2007. X-Raying the Benefits of Liberalisation on Subscribers in the Telecommunication Sector in South Western Part of Nigeria . The Social Sciences, 2: 376-380.