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Nigeria advances but uncertainties abound.

Publication: Market Africa Mid-East
Publication Date: 01-AUG-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Nigeria's dilemma in remaking its resource rich economy into a cornerstone of globalization is shared by many of the world's developing countries. Markets and consumer participation in the economy require durable networks usually supplied by physical infrastructure: All weather roads, plentiful electricity, clean water, railroads, and ports.

All of this infrastructure is enormously expensive to build and maintain-with one exception, a national cell phone network.

The problem for Nigeria's well-meaning and creative government is that it cannot tap into the full economic power of the country's vast consumer base (131.3-million...

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