FG Invests $2 Billion in Digital Infrastructure to Boost Economy, Protect Digital Rights

Written on 26/02/2025
Business Day

The Federal Government of Nigeria has committed $2 billion to strengthen the country’s digital infrastructure, with the aim of stimulating economic growth and safeguarding citizens' digital identities and rights.

This was disclosed by Bosun Tijani, Minister of Communications, Innovation, and Digital Economy, during a press briefing in Abuja on Tuesday ahead of the International Telecommunication Union (ITU) Summit, scheduled for Wednesday and Thursday.

The ITU International Submarine Cable Resilience Summit will host over 250 participants from 194 member countries, alongside key representatives from the private sector and academia.

Speaking alongside ITU Deputy Secretary-General, Tomas Lamanauskas, Tijani emphasized that the $2 billion investment is a strategic initiative to enhance Nigeria’s digital landscape and future-proof its technological infrastructure.

 


Bosun Tijani, Minister of Communications, Innovations and Digital Economy disclosed in Abuja on Tuesday while briefing newsmen on the forthcoming International Telecommunication Union, (ITU) Summit holding in Abuja from Wednesday to Thursday this week.

The ITU International Submarine Cable Resilience Summit will feature over 250 participants from 194 ITU member countries, with key representatives from the private sector and academia expected to attend.

Tijani who addressed journalists alongside Tomas Lamanauskas, the Deputy Secretary General of ITU,said the present administration was not making two billion dollars investments in digital infrastructures for the fun of it.

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