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    HomeTechGovernment Funding for Fiber Optic Deal Announced by Minister

    Government Funding for Fiber Optic Deal Announced by Minister

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    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:

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    • 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.

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

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