The Federal Government has stated that the present Broadband Penetration of Nigeria has increased to 100 percent.
President Muhammadu Buhari debunked the report that insinuates the nation’s broadband penetration is only 43 percent, saying such a report is outdated and needs to be updated.
He stated this during the maiden edition of the Digital Economy Conference of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, held at the Chamber of Commerce and Industry complex in Abuja.
The President was represented at the event by the Federal Minister of Communication and Digital Economy, Isah Patami.
Buhari stated that Nigeria has been declared as one of the countries with an excellent broadband penetration in Africa.
He noted that the percentage which was at 23 in 2019 grew to 77 percent and then moved to 100 percent in 2023.
President Buhari averred that Nigeria is the first and only African country to penetrate its broadband widely.
He pointed out that in Nigeria, broadband has been well-circulated in the country leaving no area behind in the penetration.
“One of the most richest persons in the world announced that Nigeria, out of the 54 African countries, has outstanding broadband penetration. As I speak to you today, the broadband penetration in Nigeria is 100 percent.
“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.”
Investors King gathered that the revenue generated from the ministry of communication quarterly has greatly grown as it rose from N51 billion to N408 billion in only three months.
