The initiative will expand the country’s existing network from 35,000 km to 125,000 km, strengthen the country’s digital infrastructure, improve internet connectivity, create more job opportunities and increase broadband penetration to over 70 percent, especially in rural areas.
Mar 20, 2025
The government of Nigeria plans to start deploying an additional 90,000 km of fibre optic cable worth USD 2 billion in the fourth quarter of 2025.
The information was shared by Nigerian Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani.
Watch: Top Cable Companies in India
The Minister said the project would expand the country’s existing network from 35,000 km to 125,000 km, strengthen the country’s digital infrastructure, improve internet connectivity, create more job opportunities and increase broadband penetration to over 70 percent, especially in rural areas.
Investment for the initiative, which would increase internet accessibility in the country by reducing access costs by more than 60 percent, would come from the World Bank (USD 500,000 million), the African Development Bank (USD 200 million) and other sources, including the Islamic Bank.
Also Read: Hanwha Solutions Launches Wire & Cable Division
Dr. Tijani said the project reinforced Nigeria’s commitment to become a leading digital economy in Africa.
