FG seeks $2 billion for fibre optic project
The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, says that the ministry is working to secure $2 billion in funding for fibre optics in Nigeria.
Mr Tijani said this on Friday in Abuja. He said a fibre optic network was being laid across the country.
“When we talk about investing in fibre optics, most people cannot relate to it. The value of it is that we can invest in the infrastructure that will bring internet to people, regardless of where they find it,” Mr Tijani said.
He said the government was laying the fibre optic network to cover the entire country and ensure nobody is left behind.
He said in 2025, the ministry would get private companies to invest in the other half so that more rural areas would experience better and more meaningful connectivity.
The minister described 2024 as an extremely exciting year.
He appreciated partners and organisations that have worked with the ministry and funded many initiatives for the ministry.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Lagos
Lagos urges anti-harassment policies to protect women, workers
She noted that women accounted for more than 90 per cent of the reported workplace harassment cases.
States
Flooding: Ekiti LG boss warns residents against building structures on waterways
“We will no longer tolerate lawlessness and violations of government directives stating that nobody should build houses on waterways,” she said.
States
Ogun govt threatens to close markets over indiscriminate dumping of waste
Mr Akintunde described the practice of dumping refuse in markets rather than at designated collection points as unacceptable.
Politics
2027: PDP uploads presidential, National Assembly candidates’ names on INEC portal
The PDP uploaded the names of its 2027 presidential, vice-presidential, and NASS candidates to the INEC nomination portal.
Economy
Car dealers express mixed reactions to lower vehicle import duties
Import duty on used vehicles was recently reviewed from 15 per cent to five per cent, while brand new vehicles dropped from 20 per cent to 10 per cent.
Africa
Assets of illegal Nigerian immigrants proceeds of crimes, will be sold to compensate our citizens, says South African govt
She said Nigerians who stayed in the country illegally will not be compensated for the assets and properties they are leaving behind.
