More Africa NewsNigeria needs around $2 billion to ensure full fiber optic coverage (Bosun Tijani)

December 7, 2023by myles0

Until now having only 35,000 km of optical fiber, Nigeria needs 95,000 km to ensure complete coverage and guarantee high-speed Internet services to the entire population.

Nigeria will have to invest between 1.5 and 2 billion US dollars to extend optical fiber throughout the country. This was revealed by Bosun Tijani (photo), Minister of Communications, Innovation and the Digital Economy, on Tuesday, December 5, during an interview on the local television channel Channels TV.

According to the minister, 35,000 km of fiber optic cables are already installed out of the 95,000 km that Nigeria needs to ensure complete coverage of the territory. “  We hope to be able to accelerate the process over the next 6 to 12 months, get this funding that private companies can use — it’s not government money — and work with serious companies that can lay fiber to the over the next two to three years  ,” he said.

The extension of optical fiber to the entire territory should not only improve the quality and reduce the costs of telecoms and Internet services in Nigeria, but also extend the reach of these services to millions of people. additional.

According to the latest statistics from the Nigeria Communications Commission (NCC), Nigeria has 220.7 million mobile subscribers. The country also has 159.03 million Internet service subscribers, of which 86.9 million use broadband.

Source: Agence Ecofin

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