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FG to Ensure 70% broadband Penetration by 2025

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  • FG to Ensure 70% broadband Penetration by 2025

The Federal Government has reaffirmed its commitment to broad internet penetration by 2025.

The Minister of Communications and Digital Economy, Mr Ibrahim Pantami, disclosed this during a courtesy visit by Executive Chairman Mr. Stanley Jegede, Phase 3 Telecoms Limited.

Pantami, said: “Whatever we do we relied so much on broadband penetration. That is why any effort to compliment what we have been doing to ensure broadband penetration, even for one kilometer is highly commendable, we do not undermine it, we really appreciate it”.

He, therefore, said while the responsibility of building the ICT sector does not lie on government alone, the government is committed to minimum of 70 percent broadband penetration across the nation by 2025.

The minister further buttressed: “The main responsibility of government is to ensure that the environment is favorable and conducive and if there are any challenges, government will intervene. This is what we will continue to do and I assure you within the time I am going to spend here, I will give 100% to ensure that all the challenges we encounter are addressed”.

Speaking on the ICT sector, Mr Jegede said growing the sector goes beyond just connectivity, things presently on ground or have done.

“That means it goes beyond just connectivity, it goes beyond what we use to do and we have no doubt that with many years of your exposure at the NITDA and various sector will come to bear directly in the Ministry”.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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