$5bn needed to implement National Broadband Plan – FG

Access Bank

About $3.5bn to $5bn is required to effectively implement the Nigerian National Broadband Plan 2020-2025, a committee set up by the Federal Government has said.

Chairman, Broadband Implementation Steering Committee, Ubale Maska, stated this in Abuja on Tuesday at the first stakeholders’ consultation with industry players on the implementation of the plan.

Maska, who is also an Executive Commissioner at the Nigerian Communications Commission, said: “We have several options and none is defined yet; we hope to raise something from the government. But as you can see, government has its hands full.”

He said the government hoped to get part of the funds to finance the plan from the Central Bank of Nigeria’s infrastructure funds.

NCC Executive Vice Chairman/CEO Prof. Umar Danbatta restated the commission’s commitment to the successful implementation of the NNBP 2020-2025.

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