EU backs FG’s broadband expansion with €14m grant
The European Union has committed a €14m grant to support Nigeria’s plan to deploy 90,000km of fibre-optic cable for nationwide broadband expansion. Read More: https://punchng.com/eu-backs-fgs-broadband-expansion-with-e14m-grant/
The European Union has pledged up to €14 million in grant funding to assist Nigeria in constructing 90,000 kilometres of fibre-optic infrastructure to enhance broadband access nationwide. This financial support will cover various aspects of the project, including network design, project preparation, technical studies, and capacity building.
The agreement was signed in Abuja by representatives from the Nigerian government, the European Union, and the European Bank for Reconstruction and Development (EBRD). The grant will be managed by the EBRD to facilitate the nationwide fibre-optic backbone project. Expected outcomes include improved broadband availability, support for businesses, and increased access to digital services in underserved communities.
The initiative aims to bolster Nigeria's digital infrastructure, promote economic development, and foster long-term sustainability through technical preparations, institutional development, knowledge transfer, and capacity building. The Federal Ministry of Budget and Economic Planning will oversee the project, while the Federal Ministry of Communications, Innovation, and Digital Economy will handle its technical implementation.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
