Broadband penetration hits 23%, says minister

[File] , Minister of Communication

The Minister of Communication, has disclosed that the country has achieved a penetration of 23 percent from a penetration of 14 percent in 2014.

He made the disclosure at the 2018 eNigeria conference organised by the National Information Development Agency () at the International Conference Centre, Abuja.

Recall that in line with the declaration of the International Union (ITU) to make accessible to all citizens by 2020, the Federal Government in 2013 had set a target to achieve a 30 per cent penetration by December 2018.

The minister noted that the 23 per cent broadband penetration was possible because the government realised the role broadband plays in the development of the Information Communication (ICT) sector.

“This informed our decision to develop a national broadband plan with the aim of increasing the penetration to 30 per cent, up from 14 per cent in 2014. I am happy to inform you that we have been able to achieve a penetration of 30 per cent and we are not resting on our oars until we achieve our target.”

You may also like:  FG opens North Central region for fibre investors

The minister also stated that the foreign investment in the ICT sector has increased from $3.2billion in 2015 to 4$ billion in 2018. This, he said, was a result of the friendly policies initiated by the current administration that promote startups and existing business.

He observed that emerging technologies are creating new industries with opportunities, adding that can leverage on these technologies to attract Foreign Direct Investment to the sector.

Share this

Ads Blocker Detected!

We show Ads on to help fund its maintenance. Ad revenue is only Our Source Of Income. If you like our News Website  please support our efforts by allowing ads on our site.

Thank You!