The Nigerian Communications Commission (NCC) said broadband penetration which currently stands at 21 percent will meet the 30 percent target set by the National Broadband Plan of the Federal Government.
Prof. Umar Danbatta made the disclosure at the official opening of Nigeria Pavilion at the ongoing ITU Telecom World 2017 – Busan, South Korea, Tuesday.
“Today, at the Nigerian Investment Forum with Broadband Nigeria as the theme, experts and knowledgeable people about the Nigerian investment environment will talk some more on the investment opportunities in Africa’s largest economy.
Remember that we are already in the era of the Internet of Things (IoTs) where every sector of our economy will depend on telecoms infrastructure to maximally operate.
Although, we have made very modest progress in the sector, we still need to deepen investments to make broadband pervasive in the country.
We are at 21 percent now and our target is to hit 30 percent by 2018, consistent with the National Broadband Plan,” he said.
Danbatta said the present Nigerian government will ensure steady broadband penetration through ICT investment and innovation.
In his words: “When we rolled out the 8-point agenda in 2016, it was predicated on the change mantra of the new democratic government in Nigeria led by President Muhammadu Buhari, GCFR. It is premised on facilitating broadband penetration, improving quality of service, optimizing usage and benefits of spectrum, promoting ICT investment and innovation, facilitating strategic partnership, promoting fair and inclusive growth and ensuring regulatory excellence and operational efficiency. Because we recognize the importance of ICT to national development that is why growing this sector has been top on our agenda. Hence, ladies and gentlemen, permit me to say that despite our modest achievements, Nigeria ICT sector is work in progress.”
Other issues of concern to the Nigerian team at this event will include creating awareness of the investment opportunities in Africa’s biggest Telecom market, as well as guarantee of adequate Returns on Investments (RoIs).
“We are here to tell the ICT community that Nigeria with a population of about 170 million is a preferred investment destination in Africa.
With over 150 million active subscribers, in the voice segment, over 102 percent teledensity and a little over 92 million internet connections, Nigeria is indeed a place to invest,” he added.