Telecommunications as a tool for economic development

 Nigeria economy is tagged as second largest in Africa, though used to be the first. The telecommunications industry could be used to return Nigeria back to its rightful position as number one largest economy in Africa. Only if we could tapped from the unlimited resources that the Nigerian telecommunications industry has to offer.
The telecommunications industry has contributed immensely to the Gross Domestic Product (GDP) growth of the nation. Now, Nigeria has been tagged as one the leading nations in telecommunications infrastructural development. With the big players in the industry, like MTN, Airtel, Globacom, Etisalat, the sky is the limit for voice and data communications in the country.
The telecommunications industry in Nigeria has experienced a steady evolution from analog 2G networks to the more sophisticated digital 3G & 4G networks. Researches are currently ongoing into what the future holds. The birth of the 5G networks! It would be the major driving force behind Internet of Things (IoTs) when it is fully operational. Internet of Things (IoTs) simply refers to a technological advancement where  objects like cars, houses e.t.c possess network as well as human. With Internet of Things (IoTs) , the impossible will become possible. For instance, the world is already talking about self driven cars. This can only be achieved with Internet of Things (IoTs) fully in place.
Internet of Things (IoTs) would definitely bring about a revolution in the telecoms industry and the telecommunications companies in Nigeria are not relenting on their efforts to meet up with modern technological trends in the world.
The contribution of telecommunications to improving socio-economic and political development in Nigeria cannot be over emphasized. Telecommunications has definitely made us a better country and we the citizens, a better people! 


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