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Construction of Fiber Optic Cables across Nigeria Will Cost $2bn – Minister | METROWATCH

Seyi Babalola by Seyi Babalola
December 6, 2023
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Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, said the construction of fiber optic cables across Nigeria will cost 2 billion dollars.

Tijani made this revelation in an interview on Channels Television’s Politics Today on Tuesday.

He said, “I understand, as a minister, that if we prioritize fiber optic cables in this country, the quality of service, whether it’s through your normal mobile telephony or the internet service you use at home, is going to go off the roof, and that’s the commitment I’m also making.

“In the next four years, we are going to do everything to increase the kilometers of fiber optic cables in Nigeria. We are about 35, 000 kilometers away, and we need to go to 95,000 kilometers, almost half way there.

“It’s going to cost roughly 1.5 to 2 billion dollars to wire the whole of Nigeria to reach that 95, 000.

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“We hope we can accelerate in the next 6 to 12 months, secure that funding that private companies can tap into—it’s not government money—and hopefully work with serious companies that can lay fiber over the next two to three years.

“We’re hoping that before the first four years of this administration, a significant portion of that 95, 000 kilometers will be covered,” he said.

Tags: and Digital EconomyBosun TijaniInnovationMinister of Communications
Seyi Babalola

Seyi Babalola

Experienced Communications Expert and Journalist with an excellent track record of overseeing every aspect of news publishing from research, news collection/sourcing, editing and distribution. Adept at planning and implementing strategic initiatives across PR, broadcast and digital marketing to attract the target audience. Versatile and proactive individual with interest in public relations, media management, and Fact Checks.

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