According to Bosun Tijani, Minister of Communications, Innovations, and Digital Economy, laying an appropriate network of fibre optics cables across Nigeria to enable efficient deployment of Fifth Generation (5G) technology will cost around US$2 billion.
The minister also said 5G technology has been deployed and is used in spots and dots across Nigeria and that the rollout is slowly but surely expanding.
Tijani, however, observed that the infrastructure supporting advanced technology is not everywhere in the country.
He said it would cost about $2bn to sufficiently wire Nigeria with a fibre optic cable network required for the seamless experience of the 5G network.
5G Technology is particularly significant for developing countries because virtual digital enablement can speed up progression, inclusion and development in education and healthcare services.
It also delivers efficient and real-time connectivity and verification interfaces for financial transactions, locally and globally and has been proven to facilitate business in the gaming industry.
āThe infrastructure that drives 5G is not something across the nation.
āSo, if you subscribe to 5G and move into locations where the infrastructure cannot support it, the quality will drop. 5G exists in Nigeria, and there are telcos with the licence,ā the minister said.
Tijani said the government is doing everything possible to increase the deployment of fibre optics cables in Nigeria.
The minister hoped that under his leadership, the ministry would achieve the aspiration of wiring Nigeria in the first four years of President Bola Tinubuās administration.
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