Government Funding for Fiber Optic Deal Announced by Minister

The Federal Government of Nigeria is teaming up with the World Bank to invest $3 billion in broadband infrastructure. The plan is to lay 120,000 kilometers of fiber optic cables. This will boost connectivity across the country.

Key Details:

  • Objective: Enhance broadband infrastructure and connectivity.
  • Investment: $3 billion.
  • Scope: 120,000 kilometers of fiber optic cables.

Government’s Vision:

This project supports the government’s plan to improve digital infrastructure, foster economic growth, and reduce the digital divide. By expanding internet access, the initiative will help businesses, schools, and communities.

This investment is a major step in advancing Nigeria’s digital economy. It aims to provide reliable and affordable internet to more citizens.

Government Funding for Fiber Optic Deal Announced by Minister

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