There are no visible signs that Nigeria is taking advantage of the robust demand for telecommunication and satellite television broadcast services by institutional users within the ECOWAS region. Meanwhile, if properly managed, our satellites could have generated revenue more than the annual budgets of some African countries. As it is, European and American consortiums such as Eutelsat, Intelsat and SES are taking advantage of our failure as they own most of the satellites that provide communication services in Africa. These major foreign operators were said to have generated over US$6.7 billion in revenue in 2013, with the chunk of revenue coming from the fast growing market in the developing nations, including Nigeria and the entire ECOWAS region.