The Minister of Communications, Innovations and Digital Economy, Bosun Tijani has said that laying fibre cables across Nigeria will cost $2bn.
Bosun who revealed this while appearing on a Channels Television program on Tuesday, December 5, also disclosed that the Fifth-Generation (5G) network, exists in Nigeria.
He also said that the infrastructure that supports the advanced technology is not everywhere in the country.
The minister said:
“The infrastructure that drives 5G is not something that is across the nation. So, if you are subscribed to 5G and you move into locations where the infrastructure cannot support it, of course, the quality will drop. 5G exists in Nigeria and there are telcos with the licence.”
The minister also said the federal government is doing everything possible to increase the kilometre of fibre optics cables in Nigeria.
He said: “We are about 35 to 40 kilometres right now and the goal is to go to 95,000 km. It’s going to cost us roughly about $1.5bn to $2bn to wire the entire Nigeria.”
Bosun further disclosed that the ministry he heads would in the first four years of the President Bola Tinubu administration, achieve the aspiration of wiring Nigeria.