Investing in broadband will increase Nigeria’s GDP – expert

Titi Omo-Ettu, Head of Telecom Answer Associates and a passionate broadband promoter, has described super-fast Internet as the central cog upon which Nigeria’s future economy will revolve.

Omo-Ettu, who is also Chairman of the Broadband-Ex-Pro initiative which is trying to mobilise players for expansion, said if Nigeria invests 10 percent in broadband, it will record 1.6 percent growth in the nation’s Gross Domestic Product (GDP).

He said: “The future of the entire economy is destined to depend very largely on broadband Internet access resources and any initiative which promotes the frontiers of broadband Internet access is bound to uplift the economy of the country. This is just one initiative out of many that are being promoted by several efforts within the industry.”

Speaking on the broadband expansion initiative, he said it is being organised in partnership with the Nigerian Communications Commission (NCC) and would involve stakeholders in the Nigerian broadband sub-sector.

“It is an initiative that seeks to mobilize local players who are engaged in broadband solution businesses of any kind, for coordinated access to funding and capacity development with rapid spread of broadband Internet access in focus,” Omo-Ettu said.

“It came as outcome of several conferences and summits which were held in the past few years on the subject of expanding the reach of broadband Internet access in Nigeria. It is conceived by our company, Telecom Answers Associates, and we sought and got the collaboration of the NCC.”

While emphasising the initiative is not an event but a process, he said the workshop component would be held from March 5 to 7 while other aspects would be extend over a period of 36 months.

Posted in: Internet

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