Saturday, November 26, 2011

Why Internet Is Stil Expensive In Nigeria

Yes! the fiber optic cables Glo 1 and Main 1 capacity have landed in Lagos, they are at the shores of Lagos, The issue now is how to distribute it across the country, Also no inland fiber optic cables connecting the different regions yet, and this is quite expensive. the second problem is that we lack local content, unfortunately for Nigeria with all the huge presence in the internet we do not upload. For instance nearly all our websites are hosted in the UK. There are about two billion people that are connected right now in the world and Nigeria is among the top 10 countries connected, in terms of population. But its unfortunate we don't have the content, most of our content is hosted outside the country. This is one of the reasons for the high cost of internet. The third one is the huge operational cost especially power generation. Companies here spend so much money on power. Government need to improve on the infrastructure especially in power generation.