Omobola Johnson, Nigeria’s communication technology minister, has expressed the readiness of the Nigerian government to double the current level of investment in the nation’s ICT sector.
She said plans are underway to raise the investment in the sector from US$25 billion to US$50 billion, which is expected from foreign direct investment (FDI).
Speaking in Abuja at the launch of a broadband campaign, Johnson said her ministry and the Nigerian Communications Commission (NCC) are “selling the ICT sector to the international investing public”.
“We need US$25 billion more in the next few years into the country. As I speak with you, the NCC is going around, as the ministry also does, to win more investors into the country to boost broadband penetration in Nigeria,” she said.
To ensure the achievement of the targets in the National Broadband Plan (2013-2018), she said the Broadband Council will monitor the proper implementation of the plan.
“We are working with state governments and other relevant stakeholders to tackle technical, financial and environmental obstacles to accelerated broadband roll-out across the country,” Johnson said.
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