Business Hilights

Tracking Nigeria's Headline Business News Online

Adebayo Shittu
ICT

Achieving 30% broadband penetration by 2018 is guaranteed—-Minister

Chevron
Advertisements
Ad 2
Advertisements
Ad 3
Advertisements

The Federal Government says the country will achieve the 30 per cent national broadband penetration by 2018 as projected in the country’s National Broadband Plan.

The Minister of Communications, Mr Adebayo Shittu, disclosed this in an interactive session with journalist in Abuja.

Shittu said the country had so far achieved between 18 to 20 per cent penetration as a result of private sector initiatives.

The minister said government was encouraging all GSM and ICT companies to invest in the communication sector to expand the broadband penetration.

He said the government was also encouraging a number of initiatives, including foreign companies coming to invest in the country, who had expressed interest.

“I have had the privilege of attending a number of international platforms where I met a lot of them as the chief marketer of the industry.

“The ministry of communications is not into business, government has no business in business, what the ministry does is to provide an enabling environment for operators and industry entrepreneurs to be encouraged to invest.

 “When I say entrepreneur, it is not only Nigerian entrepreneurs even the foreign entrepreneurs.

“Already, the rate at which we are now, we are about 18 to 20 per cent penetration and all of this is mostly as a result of private sector initiative.

“I am very confident that by the Grace of God within the next two years, we will reach the target of 30 per cent,’’ he said.

LEAVE A RESPONSE

Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.