Abstract:
IT SEEMS APPROPRIATE TO ASK WHAT IS SPECIAL ABOUT INFORMATION AND INFORMATION TECHNOLOGY BEFORE ONE SETS OUT TO ANSWER THE QUESTION OF HOW INVESTMENTS IN INFORMATION INFRASTRUCTURE SHOULD BE VALUED AND REGULATED.THIS PROJECT THEREFORE DISCUSSES THE THEORETICAL AND PRACTICAL CONCEPTS UNDERLYING RECENT DEVELOPMENTS IN THE REGULATION OF TELECOMMUNICATIONS IN NIGERIA WITH RESPECT TO EFFICIENCY AND WELFARE. IT FOCUSES ON ANALYSING STANDARDIZATION PROBLEMS, PRICING RULES AND ENTRY CONDITION RELATED TO NETWORKS AND NETWORK EFFECTS AND DERIVES PRELIMINARY POLICY RECOMMENDATIONS FOR THE NIGERIAN TELECOMMUNICATIONS INDUSTRY. IN THIS WAY, THE PROJECT PLANS TO CONTRIBUTE TO A LEGITIMATE AND SUSTAINABLE POLICY ENVIRONMENT THAT MAXIMISES THE PUBLIC BENEFITS OF INFORMATION AND COMMUNICATION TECHNOLOGIES THROUGH AN EMERGING NATIONAL INFORMATION INFRASTRUCTURE FRAMEWORK.