India Offers Nigeria $100m Loan for Rural Internet via thisdaylive
Nigeria’s aspiration for universal internet coverage has received a boost with the materialisation of a $100 million loan from the Government of India.
The credit facility from India is expected to be devoted to financing Nigeria’s Rural Broadband Network and the deployment of robust masts that will rely on alternative power sources, especially solar power. The plan is hinged on government’s determination to extend telephone services to all rural communities at relatively affordable cost while ensuring that identified bottlenecks experienced in urban areas are minimised.
“I am optimistic that if we put all the current efforts together, in another two years, we should be able to attain 70 per cent. My ambition is two years rather than the five years being postulated,” the former minister said at a conference organised by the Association of Telecommunications Companies of Nigeria in February this year.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Officials say monsoon floods affects 4.5m in India - Premium Times NigeriaOfficials on Monday said that monsoon floods in India’s northern and eastern states have worsened, affecting about 4.5 million residents
Read more »
Obasanjo Reacts to Murder of Fasoranti's Daughter, Says Nigeria Diminished by Her Death - THISDAYLIVEBy Femi Ogbonnikan In Abeokuta Former President Olusegun Obasanjo has said that Nigeria has been diminished by the killing of the daughter of Afenifere leader, Pa Reuben Fasoranti, late Mrs Funke Olakunri, by suspected herdsmen in Ondo state on Friday. Obasanjo declared that the killing, by suspected Fulani herdsmen was a worrisome development in the …
Read more »
OKECHUKWU ENELAMAH: Nigeria Must Forge Win-Win Partnership with the Rest of Africa, World - THISDAYLIVEFollowing Nigeria’s signing of the first phase of the African Continental Free Trade Agreement at the African Union summit, the former Minister for Industry, Trade and Investment, Dr. Okechukwu Enalamah, speaks to Adedayo Adejobi on the country’s role in developing intra-Africa trade framework, how Nigeria can take advantage of the AfCFTA and the possible potential gains of intra-Africa trade, …
Read more »
Nigeria Gave Us Nightmare, Says Mahrez - THISDAYLIVERohr laments over last minute goal against Eagles Femi Solaja in Cairo Match winner and Total Man of the Match, Riyad Karim Mahrez, yesterday gave an emotional judgment on the Nigerian team whom he said played beyond their expectation. The captain of the team said he was delighted to have scored the winning goal that …
Read more »
Officials say monsoon floods affects 4.5m in India - Premium Times NigeriaOfficials on Monday said that monsoon floods in India’s northern and eastern states have worsened, affecting about 4.5 million residents
Read more »