The Federal Government is investing 49% of Nigeria’s $2 billion fibre optic network project to expand broadband penetration and strengthen the nation’s digital economy, according to the Minister of Communications, Innovation and Digital Economy, Bosun Tijjani.
FG Drives $2 Billion Fibre Optic Network for Digital Growth
Speaking in Abuja during a plenary session organised by IHS Towers at the 31st Nigerian Economic Summit, Tijjani said the project would bridge Nigeria’s connectivity gap and build the infrastructure backbone for a nationwide digital transformation.
“The implication is that every state, every local government, and every ward of Nigeria will be covered in the design,” he said. “Wherever you live, there will be a point of presence — a fibre-optic network close to your home.”
Tijjani explained that once the network is deployed, Nigerians will experience seamless and reliable connectivity that extends beyond mobile networks.
Federal Government to Partner Private Sector
The minister said the telecom sector’s biggest challenge remains investment in infrastructure, which the government is now addressing through this initiative.
“For Nigerians to have connectivity, we need to invest in fibre optic networks, which will cost about $2 billion,” Tijjani said. “Since no single company can raise that, the federal government opted to bring in 49 per cent, and we want the private sector to bring the other 51 per cent.”
He noted that expanding fibre broadband infrastructure will make internet access more affordable and reliable, driving innovation and job creation in the long term.
States Support Broadband Rollout
Tijjani revealed that 11 states have so far declared zero Right of Way (RoW) charges for broadband deployment. He said this policy move will speed up rollout and reduce operational costs for telecom operators.
“The zero RoW policy is vital for broadband expansion because it encourages private investment and accelerates infrastructure delivery,” he added.
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AI and Digital Economy Vision
The minister also highlighted that the government is integrating artificial intelligence (AI) into its broader national strategy to boost economic growth and attract global technology investors.
He said the digital economy roadmap aims to position Nigeria as Africa’s leading destination for innovation and technology-driven investment.
Conclusion: Fibre Optic Expansion to Power Nigeria’s Digital Future
The Federal Government’s 49% stake in the $2 billion fibre optic network project underscores its commitment to achieving nationwide broadband coverage and a vibrant digital economy. With private sector collaboration and state-level support, Nigeria is on track to build a stronger digital infrastructure that fuels connectivity, innovation, and sustainable growth.
