Roland Iwuchukwu
The Federal Government has improved revenue generation after achieving 100 per cent Broadband penetration.
President Muhammadu Buhari, made the disclosure on Tuesday at the Digital Economy Conference tagged ‘Promoting a Vibrant Digital Economy, A Catalyst for Economic Growth in Nigeria’.
Represented by the Minister of Communications and Digital Economy, Prof. Isah Patami, the President said Nigeria has become one of the first African countries to hit 100 per cent Broadband penetration.
President Buhari also acknowledged that the Ministry of Communication and Digital Economy had been rated very high by an independent assessment.
Furthermore, we delivered 99 per cent on the third pillar, the fourth pillar, which has to do with national Identity we achieved 94 per cent On the fifth pillar which is quarterly revenue generation, we moved from generating N51 billion in three months to N408 billion in three months.”
He noted that the earlier figure of 43 per cent broadband penetration is now obsolete, citing investments made into the sector.
The President noted that broadband penetration in Nigeria is 100 per cent as investors have acknowledged the growth in the space.
He said: “One of the richest persons in the world announced that Nigeria out of the 54 African countries has outstanding broadband. As I speak to you today the broadband penetration in Nigeria is 100 per cent ”
He added that FG has performed in its plan to boost broadband connectivity for all Nigerians, citing progress from 23 per cent coverage in 2019, he noted his administration increased the broadband to 77 per cent in 2022 and 100 per cent in 2023, adding: As of today, broadband can be accessed everywhere in the country whether in the urban area, rural area, or desert. We are the first African country to attain this and the only one so far.”
“70 percent is the distinction and the digital sector has surpassed it. We delivered excellently in all eight priority areas in the sector. For instance, in pillar number one, which is broadband penetration, we achieved 134 per cent, in pillar number two, which is 4G penetration we achieved 127 per cent.
