The Minister states that laying fiber cables across Nigeria will require an investment of $2 billion.

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Minister of Communications, Innovations, and Digital Economy, Bosun Tijani, has revealed that the expenditure for laying fiber cables across Nigeria is estimated at $2 billion. During an appearance on a Channels Television program on Tuesday, December 5, Bosun disclosed that while the Fifth-Generation (5G) network is present in Nigeria, the supporting infrastructure is not uniformly distributed throughout the country.

“The infrastructure that drives 5G is not something that is across the nation. So, if you subscribe to 5G and move into locations where the infrastructure cannot support it, of course, the quality will drop. 5G exists in Nigeria, and there are telcos with the license,” explained the minister.

He also emphasized the federal government’s commitment to expanding the coverage of fiber optics cables in Nigeria. Currently, the country has about 35 to 40 kilometers of coverage, with a target of reaching 95,000 kilometers. Bosun stated that achieving this goal would require an investment of approximately $1.5 billion to $2 billion.

Furthermore, the minister shared that within the first four years of the President Bola Tinubu administration, the Ministry of Communications, Innovations, and Digital Economy aims to fulfill the objective of comprehensive network coverage across Nigeria.

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