PRIVATISATION OF NITEL BROUGHT FORWARD TO 2004

Telecoms

The privatisation of NITEL will be brought forward to 2004 in order to leverage the successes so far recorded in the liberalisation of the telecommunications sector. President Olusegun Obasanjo said, the "considerable success" in the telecomm sector, which had been largely acknowledged will be completed by improving the services of the Global System for Mobile Telecommunication (GSM), and also ensuring the privatisation of NITEL."Liberalisation of the telecoms sector is creating jobs. We now have over 2.5 million wireless lines in two years compared to just under 450,000 land lines in all of NITEL’s history," the President noted.

He said in the coming year, GSM companies will be made to add more value by, for example, "printing rather than importing the recharge cards we use, and they must improve on the quality of their services - interconnectivity and reduction of charges."

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