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Governor of Imo State, Senator Hope Uzodimma has signed an Executive Order reducing the Right of Way (RoW) of telecommunication companies and mainly Infrastructure Companies (InfraCos) in the state.
The reduction crashes the erstwhile exorbitant amount of N4,500 to the federal government’s rate of N145.
The Executive Order No. 002, 2020 will see the right of way of telecoms operators in the state slashed from N4500 to N145 per metre as stipulated by a federal government policy.
The ease in cost of deploying broadband in the state was contained in a statement signed by the State Commissioner for Information, Mr Declan Emelumba.
Business Hilights recalls that Imo State is now the fourth state joining the reduction after Lagos, Bayelsa and Ekiti states.
The Commissioner explained that the reduction was a manifestation of the state government’s determination to spur the telecommunication companies to further invest in broadband infrastructure and trigger ancillary on-line services, especially in the field of education.
The Imo State government according to the statement said it hopes the drastic reduction from N4500 of the broadband ROW to N145 per line metre of fibre, “will accelerate the deployment of affordable, and reliable modern high-speed connectivity in the state.”
The Executive Order urged telecommunication companies to note that the state plays host to vibrant youthful demography located in many tertiary institutions, who form the bulk of the end-users of their products.
Effortzs to get reactions from the South East InfraCo, Zinox Group and other networks failed at press time.
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