Foreign Direct Investment (fdi) In Telecommunications: The Success Story Of Mtn In Nigeria

Introduction In 1999, one of the worst post-colonial dictatorship regime in Africa comes to a end.  Sani Abacha’s military ruling in Nigeria is overthrown and a transitional regime led by Olusegun Obasanjo is put into place. The country, touted in the 70’s as one of the potential success stories of Africa following the discovery of huge oil reserves and the building of decent infrastructure in cities such as Lagos and Port Harcourt, is in ruins. Part of the challenge, second only to the need to restore the rule of laws, was to rebuild the country infrastructure. Very soon, it was obvious that …