FG Plans 50% broadband Penetration By 2023

The Federal government of Nigeria has revealed it is targeting 50% broadband penetration by 2023, and insist widespread broadband penetration is imperative for the growth of Nigeria’s digital economy.

Prof. Isa Ibrahim Pantami revealed this at the National Strategic Mobilisation for the Actualization of National Broadband target of 70% conference and exhibition recently held by the Association of Telecommunications Companies of Nigeria (ATCON) in Abuja.

Pantami, who was represented by the Deputy Chairman of the National Broadband Plan Initiative, Mallam Abdul Gambo Usman, said the 2020 – 2025 Broadband Plan was designed to accommodate 90% of the country’s population by 2025 at a price not more than 390 naira per gigabyte.

The minister said his confidence was based on the 83.65% of 3G and 62% of 4G network penetration so far in the country, and added that a synergy among stakeholders at local, state, and federal government levels was needed to actualize this goal.

The telecommunications sector had witnessed 42% broadband penetration in the first quarter of 2022, but that figure dropped to 39% in the next quarter. Concerning this decline, the Minister said the government is fully aware of the current challenges that are hindering the sector and are working hard to surmount these challenges.

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