Close Menu
    What's Hot

    Rand Steady, South Africa’s Foreign Exchange Reserves Fall

    June 5, 2026

    Brent Tops $95 as U.S. Toughens Sanctions Against Russia

    June 5, 2026

    SpaceX Sets IPO at $135 Per Share, 92x Sales Valuation

    June 5, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Friday, June 5
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » FG Plans 90,000km Fibre-optic Project
    News

    FG Plans 90,000km Fibre-optic Project

    Marketforces AfricaBy Marketforces AfricaOctober 15, 2024No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    FG Plans 90,000km Fibre-optic Project
    Share
    Facebook Twitter Pinterest Email Copy Link

    FG Plans 90,000km Fibre-optic Project

    The Federal Government has announced plans to invest $2 billion dollars to deploy 90,000kilometers fibre optic project in the country.

    The project is designed to expand Nigeria’s fibre optic cable capacity from 35,000km to 125,000km, to boost terrestrial fibre optic backbone in .

    The Minister of Communications, Innovation & Digital Economy, Bosun Tijani, stated this on Monday in Kano on the sidelines of facility tour of the vandalised Digital Innovation Park.

    It will be recalled that irate youths vandalised the model park during the nationwide protest in August.

    Tijani said the investment would provide meaningful connectivity to communities ensuring that schools, hospitals, government establishments and businesses thrive in a digitally connected environment.

    According to him, it will also accelerate growth across critical sectors of the economy including education, health, and agriculture.

    “To support this vision, the ministry of Communications, Innovation, and Digital Economy is committed to deepening Nigeria’s digital backbone.

    “Through the National Broadband Alliance and in collaboration with Kano State Government, we are simplifying the process for private infrastructure companies to invest in Kano’s digital economy.

    “This partnership will facilitate further investment in connectivity, ensuring that key institutions like schools, hospitals and public offices are connected, enabling Kano to become a true digital hub,” he said.

    The minister noted that today’s world, technology is the key to unlocking productivity and driving the diversification of Nigeria’s economy.

    He said that many countries faced declining populations, stressing that Africa and Nigeria in particular has the advantage of growing a dynamic workforce.

    “This is our moment to become a net exporter of technology talent, while also strengthening our own local industries,” he said.

    According to Tijani, the Three Million Technical Talent (3MTT) programme is a federal government’s initiative aims to expose three million Nigerians in digital and technical skills.

    This, he said, aimed at addressing growing shortage of skilled digital professionals, software developers, data scientists, cybersecurity experts, who would be driving innovation and growth.

    He said the Nigeria’s youthful population was uniquely positioned to fill this gap, with over 300 young people from Kano currently benefiting from the programme as the highest number of participants.

    “These young people represent the future, not only of Nigeria, but of the global digital workforce”.

    On the vandalised facility, the minister said the IHS Towers would provide support towards its refurbishment.

    While commending the IHS for their commitment towards rebuilding the park, Tijjani described it as a symbol of Kano and Nigeria’s aspiration to be at the forefront of the global digital economy.

    Earlier, Tajudeen Othman, Kano Commissioner for Science and Technology, lauded the federal government and IHS for the gesture.

    Othman restated the state government’s ommitment to invest in science and technology.

    Kazeem Oladepo, Senior Vice-President and Chief Operating Officer, IHS Towers, assured that the company would soon start work and equiping of the park. #FG Plans 90,000km Fibre-optic Project

    UK Unemployment Rate Falls to 4%, Total Pay Rises

    FG
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Related Posts

    News

    Rand Steady, South Africa’s Foreign Exchange Reserves Fall

    June 5, 2026
    News

    Brent Tops $95 as U.S. Toughens Sanctions Against Russia

    June 5, 2026
    News

    SpaceX Sets IPO at $135 Per Share, 92x Sales Valuation

    June 5, 2026
    News

    Global Equities Markets Mixed as Investors Trim AI Stocks Holdings

    June 5, 2026
    News

    Bitcoin Price Dips to $61.5k as Institutional Risk Appetite Shifts

    June 5, 2026
    News

    ETHUSD – Ethereum Price Falls by 8% as Fear Fuels Selloffs

    June 5, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    Rand Steady, South Africa’s Foreign Exchange Reserves Fall

    June 5, 2026

    Brent Tops $95 as U.S. Toughens Sanctions Against Russia

    June 5, 2026

    SpaceX Sets IPO at $135 Per Share, 92x Sales Valuation

    June 5, 2026

    Global Equities Markets Mixed as Investors Trim AI Stocks Holdings

    June 5, 2026
    Latest Posts

    Rand Steady, South Africa’s Foreign Exchange Reserves Fall

    June 5, 2026

    Brent Tops $95 as U.S. Toughens Sanctions Against Russia

    June 5, 2026

    SpaceX Sets IPO at $135 Per Share, 92x Sales Valuation

    June 5, 2026

    Global Equities Markets Mixed as Investors Trim AI Stocks Holdings

    June 5, 2026

    Bitcoin Price Dips to $61.5k as Institutional Risk Appetite Shifts

    June 5, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Rand Steady, South Africa’s Foreign Exchange Reserves Fall

    June 5, 2026

    Brent Tops $95 as U.S. Toughens Sanctions Against Russia

    June 5, 2026

    SpaceX Sets IPO at $135 Per Share, 92x Sales Valuation

    June 5, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.