CommTech Minister: Nigeria to get $25b broadband windfall

CommTech Minister: Nigeria to get $25b broadband windfall

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Nigeria will gain about $25 billion in investments into the nation’s communications sector in one of the key windfalls expected as part of current national broadband diffusion plan being promoted by President Goodluck Jonathan, Omobola Johnson, Minister of Communication Technology has said.[blockquote right=”pull-right” cite=”Omobola Johnson, Minister of Communication Technology, Nigeria”]“As I speak with you, the Nigerian Communications Commission is going around, as the Ministry also does, to win more investors into the country to boost broadband penetration in Nigeria”, the CommTech Minister told attendees at the event. [/blockquote]

So far, the country has earned the same amount from the famed mobile telephony revolution of the last decade where the entry and growing investments by diverse telecoms players into the market have deepened economic growth and development across the economy.

The CommTech Minister says that government also expects no less than $25 billion from efforts underway by the current administration to promote broadband diffusion across the country.

The Minister dropped the hint when members of the National Broadband Council organised a launch of the broadband campaign in Lagos to sensitize Nigerians on the benefits of high-speed Internet services for the economy.

At the event, which took place recently at the Oriental Hotel, Lagos with theme ‘’Connected Nigeria Connected Nigerians ‘’, Johnson said that about $25 billion dollars has already been invested in the telecoms sector and the Ministry is expecting an additional $25 billion investment into the sector under the ongoing Presidential broadband road map plan.

“As I speak with you, the Nigerian Communications Commission is going around, as the Ministry also does, to win more investors into the country to boost broadband penetration in Nigeria”, the CommTech Minister told attendees at the event.

She explained that with ICT sector currently contributing about eight per cent to the Gross Domestic Product (GDP) in Nigeria, the CommTech Ministry is working hard with both state government and stakeholders in the sector to further deepen broadband penetration in Nigeria.

Speaking on the objective of the broadband campaign, the Minister said it is aimed to get Nigerians to be aware of “what can happen when you have broadband access and what can happen when you use broadband.”

According to her, the campaign, mainly targeted at individual Internet users, is to also sensitize end users on cyber security and online protection, among others.

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Kolade Akinola Technology Journalist at Technology Times Mobile: + 234 (0) 807 401 6027