By Prince Osuagwu
Vice President Goodluck Jonathan has said thatÂ Nigeriaâ€™s teledensity which currently stands at 48 per cent may hit 100 by 2020 if the current developmental indices continued unhindered.
Jonathan was speaking yesterday at the maiden edition of Africa Telecom Development Summit in Abuja.Â The VP who was represented by Minister of National Planning, Shamsudeen Usman said that though Nigeria has over the past ten years been experiencing sustained double digit growth in excess of 30 per cent per annum, thereÂ was still a long way to go to achieve universal service in the country.
He noted that the Information and Communications Technology (ICT) sector has continued to be a fascinating sector, adding that the government has devoted a lot of resourcesÂ and efforts towards the creation of a stable policy and regulatory environment to support private investment in the sector.
For him, The right mixture of deregulation, private sector investment and involvement, coupled with a good regulator has brought about the revolution in the sector which other sectors should emulate.
He said that since his government came to power in 2007, it has continued to encourage further expansion of networks especially in the area of internet and broadband.
In his personal remarks, Usman said that telecoms has given Nigeria hope and illustrated theÂ possibility of change in Nigeria .Â He said that â€œdevelopment that has taken place in telecom gives me hope. In another 10 years those who are writing off Nigeria, will swallow their wordsâ€ he added.
Also, the President ofÂ African Business Round Table, Dr Bamanga Turkur added his voice to the success story being told in the telecom sector.â€The telecommunications sector is a success story that justifies the deregulations policy of the federal government.
He said this success was however made possible â€œnot just on account of the visionary leadership in the nations telecom sector but also because the Nigerian government demonstrated ample willingness to create a properly deregulated environment that promotes competition and competitiveness.