Telecommunications Market Liberalization and Regulation in Nigeria

This book examines the push for the liberalisation of the Nigerian telecommunications market and the attendant market nuances of a post multi-supplier market regime, which became effective in the year 2000. It particularly focuses on the interplay of the elements of competition within the market, the incumbent response and appraises the appropriateness of the reinvented legal and regulatory framework of the Nigerian Communications Act 2003, which replaced the Nigerian Communications Commission Act 1992 in furtherance of the liberalisation agenda. The essence is to determine how the new Act compares with international best practices in dealing with the new market nuances, especially unfair contest for market share. The underlining assumption is that a suitable and dynamic legal and regulatory policy framework must be market neutral, protect the integrity of suppliers, guard against market failures and elicit the incumbent¿s appropriate market response; while the reverse will potentially precipitate the failure of the Nigerian telecommunications market.