The Federal Government has disclosed that it would need about $5billion to implement the Nigerian National Broadband Plan (NNBP) 2020-2025.
Chairman of the Broadband Implementation Steering Committee, Ubale Maska, revealed this during the first stakeholders’ consultation with industry players on the implementation of the said plan, in Abuja.
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According to Maska, the plan can be achieved within the cost of $3.5 to $5billion as he noted that none of the several options is defined yet.
“There are conflicting demands; we don’t know if that will happen. But the infrastructure funds that the Central Bank of Nigeria is floating is another source.
“NNBP is designed to deliver data download speeds across Nigeria, a minimum of 25Mbps in urban areas, and 10Mbps in rural areas, with effective coverage available to at least 90% of the population by 2025,” he said.
