Econet Wireless In December 2000, Econet Wireless Nigeria Ltd (‘Econet’) was among the initial 5 applicants that bid for the auctioning licencing exercise held in January 2001. This was a company from Zimbabwe that was listed on the Zimbabwean Stock Exchange at this time. Econet started its GSM operations on the 7th of August, 2001.…
The Beginning Prior to the return to democratic rule in Nigeria, there had been some impediments to the ease of doing business in the telecoms industry. Among these included: Inability of foreign players (non-Nigerians) to participate High import duties on telecom equipment Complex procedures for importation of telecom equipment into the country Inadequate fiscal incentives…
After Ibrahim Magu’s Suspension Following the suspension of the former acting Chairman, Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, there was an interest in the tenure of the leaders of EFCC Since 2003, the Economic and Financial Crimes Commission has had 4 different leaders. The EFCC Act grants The Chairman a period of…
“. . .because there is 200,000km of road network nationwide. Federal government owns about 35,000 of that network. The remaining of the 200,000 (take 35,000 out), belongs to the states and the local governments.” Babatunde Fashola, Minister for Works & Housing (July 6, 2020)
