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More Africa NewsNigeria: MTN wants to deploy 160 km of optical fiber in Ekiti State

July 22, 2020by myles0

The reduction in May 2020 by the Nigerian State of Ekiti in the cost of the right of way for telecoms infrastructure by 96.78% is now earning the interest of MTN Nigeria. The telecoms company is in fact considering deploying 160km of optical fiber there.

Mobile operator MTN Nigeria has expressed its desire to deploy 160 km of optical fiber in Ekiti State. He requested authorization to do so. It was Akin Oyebode, the state government’s special advisor for investment, trade and innovation, who revealed it in a tweet.

The willingness of the telecoms company to invest more in the south-west of the country results from the downward review by Governor Kayode Fayemi of the cost of the right of way for the installation of telecom infrastructures on its territory.

Last May, the State of Ekiti indeed reduced by 96.78% the cost of the right of way that telecom companies pay to deploy technological equipment. Now they pay 145 naira ($ 0.37) per meter instead of 4,500 naira ($ 11.6).

By adopting this new tariff, Kayode Fayemi was delighted that Ekiti State would be the first to comply with the transit charges approved by the National Executive Council (NEC) for broadband.

He argued that the new tariff is part of the reforms of the business facilitation project, underway in the state, and will improve the indices that will make Ekiti state an attractive destination for national and international investments in 5 years.

Source: Agence Ecofin

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