• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

NCC, Infracos to boost broadband infrastructure with N265 billion 

Chidinma Nwagbara by Chidinma Nwagbara
January 10, 2020
in Business News
FG set to award contracts for broadband projects across Nigeria
Share on FacebookShare on TwitterShare on Linkedin

A total of N265 billion is set to be raised by the Nigerian Communications Commission (NCC) and an association of several infrastructural companies (infracos). The fund is expected to be used for the development of broadband infrastructures across the country in the next four years.

According to the Executive Vice Chairman of NCC, Prof Umar Danbatta, N200 billion would be raised by the infrastructural companies while N65 billion, which is subject to the approval of the Federal Executive Council as counterpart funding, would be raised by the commission.

Internet World Stats, Nigerian Communications Commission remittance, Network operators in Nigeria, Telecoms companies in Nigeria, MTN Nigeria, Airtel Africa, Globacom data, 9mobile court case, Top 10 states in Nigeria with the highest Internet subscribers , Telecommunications: The bright spot in a fragile economy, Telcos add 5.64 million voice and data subscribers in Q3 2019 - NBS 
Broadband masts

Speaking on the State Accelerated Broadband Initiative, Danbatta said it was in line with the Public-Private Partnership project, which gives room for collaboration with private parties in a bid to provide effective solution.

RelatedStories

Bosun Tijani

Bosun Tijani advocates open, secure Internet across Africa 

September 25, 2023
NCC,

NCC, BPSR sign MoU to accelerate digital reform in Nigeria 

August 2, 2023

Why this matters: The Broadband Initiative, when addressed, would help in getting rid of infrastructural deficits in the telecommunications sector. It would also lead to the socio-economic transformation of the country as stated by the NCC boss.

Speaking during a courtesy call by the Ambassador of Sweden to Nigeria, Carl Grans, at the NCC headquarters, Danbatta made known that the project would cut across the 36 states of the country.

[READ MORE: Bank CEOs, NCC, CBN to meet over USSD charges)

“If we can get this done successfully in the next four years, we would have succeeded in transforming the country in multiple ways, especially in managing energy, education, transportation and the environment and meeting some of the Sustainable Development Goals.

 “And because broadband is so desirable, we hope to see the financial inclusion rate increase significantly as well as mobile money services and this would, of course, transform our society,” Danbatta added.

In a recent Nairametrics report, the NCC charged Mobile Number Operators to consider imposing a 45-day porting restriction period on newly activated SIM cards. This came after the regulator conducted a comprehensive compliance audit on the Mobile Number Portability (MNP) Platform from September 4 to 6, 2019 in Lagos.

The MNP was introduced by the NCC in 2013 to encourage competition and ensure that consumers continue to enjoy quality services on all the mobile networks.


Follow us for Breaking News and Market Intelligence.
Tags: Mr Carl GransOn the MoneyProf. Umar DanbattaState Accelerated Broadband Initiativ
Chidinma Nwagbara

Chidinma Nwagbara

Chidinma holds a degree in Mass communication from Caleb University Lagos and a Masters in view in Public Relations. She strongly believes in self development which has made her volunteer with an NGO on girl child development. She loves writing, reading and travelling. You may contact her via - chidinma.nwagbara@nairametrics.ng

Related Posts

Bosun Tijani
Sectors

Bosun Tijani advocates open, secure Internet across Africa 

September 25, 2023
NCC,
Sectors

NCC, BPSR sign MoU to accelerate digital reform in Nigeria 

August 2, 2023
With 5G deployment, telecom operators must prioritise data protection—Danbatta
Sectors

With 5G deployment, telecom operators must prioritise data protection – Danbatta

June 9, 2023
Why Nigerian youths need digital skills training—NCC
Sectors

Why Nigerian youths need digital skills training—NCC

May 8, 2023
Valentine's day business ideas
Financial Literacy

Businesses that will profit from today’s Valentine’s Day celebrations

February 14, 2023
Hope rises for lower call, data tariffs as NCC licenses 25 new operators
Sectors

NCC, Lottery Commission renew MoU to stop unapproved lotteries in telecoms

January 19, 2023
Next Post
NERC, license, notice, FG owes DisCos over N500 billion to electricity Subsidy - PwC , Power: DisCos remain the weakest link, NERC Issues 8 DisCos notice for cancellation of License , DisCos respond to NERC’s threat to cancel operating license of eight DisCos, DisCos earned N473 billion in 2019, reveal reason for metering gap

DisCos respond to NERC’s threat to revoke operators' licenses

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • SEPLAT tops trading value as All-Share Index hits N80 trillion; ACCESSCORP leads volume 
  • President Trump issues 50-day ultimatum to Putin, threatens 100% tariffs over Ukraine war 
  • FG to establish National Design and Development Agency to support Nigerian innovators 

Follow us on social media:

Recent News

Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%

SEPLAT tops trading value as All-Share Index hits N80 trillion; ACCESSCORP leads volume 

July 14, 2025
President Trump issues 50-day ultimatum to Putin, threatens 100% tariffs over Ukraine war 

President Trump issues 50-day ultimatum to Putin, threatens 100% tariffs over Ukraine war 

July 14, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics