TECHNOLOGY AND ENTREPRENEURSHIP

Abstract

What has happened in Nigeria as in other parts of the world is that modern communications, ICTs have availed us new tools that have application in all fields of human endeavour. It opens new doors and new opportunities. New income streams are possible and new millionaires are popping up from various ends of the earth. Only recently, Microsoft founder, Bill Gates reclaimed his number one position as the richest man on earth after oil and ore magnates threatened his position for only a few years. What has become obvious is that across the country, wealth is being reordered and redistributed by ICT. Mobile Banking and electronic money transfers would have been impossible without a robust backbone infrastructure engendered by the recent opening up of the market to competition.