At Thistle Bar in VI that Friday, everyone was gathered around a guy with a Sagem phone. He was showing how he could make and receive calls.
I recall a company that was charging N500 to "install"a SIM card.
We have come a long way
Back then you would go to a GSM office, pick a tally #, line-up to buy a phone and SIM. Long line
It was like the US embassy to get a Visa, complete with rude Nigerian guards. Phones and SIMS were scarce, you were billed per minute.
Service only in Ikoyi, VI and Ikeja
Lol. Mainland did not get GSM service.
Abuja had service, the SE did not.
I recall the year GSM got to the East. Christmas travelers were told to travel with their phones cause it would work across the Niger River.
Big deal
I wanted to buy a car, my agent at the port In Apapa was describing this Toyota to me, I was wondering how it would be easy if phones had cameras and video, so he could simply take a video and send over.
Now I attend Harvard on my phone from Enugu
We have come a long way
You cannot quantify how GSM raised the productivity in Nigeria created wealth & jobs.
Same will happen when railways are built in Nigeria. Someone will do a trend in 2070 of how his dad would drive from Lagos to Enugu.
People will ask, why didn't he just take the Bullet train?
"Are you serious? You bought SIMs for N20k"
,🤣🤣🤣
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"Africa accounts for up to 12% of the world population but produces only 1% of the global GDP & only 2% of world trade. 6 of the 10 fastest-growing economies in the world are in sub-Saharan Africa. This underscores the fundamental need for rapid infrastructure transformation."
"For Nigeria, the ultimate solution is to provide a viable port alternative in the east of the country, serving cargo bound for the east and north of Nigeria,” says Wadey."
Darron Wadey, a senior shipping analyst at Dynamar, a Netherlands-based consultancy.
What Ghana has done is fantastic. They not only addressed the port but also logistics & the roads. Nigeria has these challenges but Lekki port & these added initiatives are really good, & helpful but things have to become decentralised, & at the moment it just takes too long.
I took time to review the economic achevements, most were "approved", or "launched" or "signed"
However a few are worth highlighing for the positive impact on jobs, GDP and productivity.
a trend
1. The Nigerian Sovereign Investment Authority (NSIA) has seen total additional inflows of around US$2 billion, since the original US$1 billion which the Fund kicked off with in 2012.
Excellent. these funds went to the Morocco fertalizer deal. CAPEX and Savings, local jobs
2. 156km Lagos-Ibadan Standard Gauge Rail nearing completion. 327km Itakpe-Warri Standard Gauge Rail completed and commissioned.
Excellent, aids productivity, extends roads life, opens up commerce.