Authors : K.O. Odunaike , O.A. Abimbola and Jide Owoeye
Abstract: This study attempted to highlight the governmental steps on how to improve the efficiency and availability of the telecommunication sector and other derived policy in the past to restructure the sector. As a result of NITEL�s monopoly as the only national service operator and inefficiency, the process of deregulating the industry was initiated in order to tackle the shortcomings. This began with the establishment of the Nigerian Communication Commission (NCC) by Decree 75 of 1992. The decree liberalized the telecommunications industry and opened the gate for private sector participation in the industry, with the Commission as the regulatory authority. Hence, major operators like MTN, Globacom, Vmobile and M-tel came into existence. The study therefore, examined the reaction of people towards the liberalization of telecommunication sector in the South West, the most economic geo-political zone in Nigeria. The study observed that both the poor and the rich have unlimited access to telecommunication services unlike in the 90s and competition in this sector has made businesses to flourish and price of the product to fall drastically coupled with innovation in service delivery. It however recommended that people should be trained on the appropriate use of GSM to avoid abuse and to extend liberalization to energy like electricity, water and to prudently check the prices of interconnectivity.
K.O. Odunaike , O.A. Abimbola and Jide Owoeye , 2007. Evaluation of the Reaction of People Towards Liberalization of the Telecommunication Sector in Southwestern Part of Nigeria . International Business Management, 1: 24-29.