More
    HomeBusiness NewsEconomyFG partners WIOCC to bring high-speed internet to Nigerian homes

    FG partners WIOCC to bring high-speed internet to Nigerian homes

    Published on

    spot_img

    In a landmark agreement, the Federal Government of Nigeria has partnered with West Indian Ocean Cable Company (WIOCC) to launch a Direct-To-Home High-Speed Internet service across the country.

    This initiative, which began with an initial investment of $10 million, has already connected around 40,000 homes in Lagos within the last seven months. The project aims to provide alternative internet services to homes, offices, hospitals, schools, and institutions, bridging the digital divide and empowering Nigerians to participate in the global digital economy.
    According to Darren Bidford, WIOCC Group Chief Development Officer, the partnership is expected to have a significant impact on Nigeria, where most areas currently lack reliable internet connectivity. Bidford noted that the company aims to connect 3 million homes initially, with plans to expand and increase this number over time.
    The Minister of Communications, Innovation, and Digital Economy, Dr. Tijani Bosun, emphasized the government’s commitment to ensuring that fiber-to-home initiatives become mainstream, providing quality internet access to every home and public institution. The government also plans to work with WIOCC to attract foreign companies to set up factories and produce in Nigeria, creating jobs and driving economic growth.

    READ ALSO: Seplat Energy acquires Mobil’s Akwa Ibom assets for $1.28 billion
    READ ALSO: Police smash crime syndicates, rescue 302 kidnap victims

    Bidford acknowledged the challenges of deploying broadband infrastructure in Nigeria, particularly with regards to right-of-way issues. However, he expressed optimism that the company’s collaboration with state governors and the federal government would help overcome these hurdles.
    The partnership is expected to inject competition into the Nigerian internet market, leading to better quality services and lower costs. As Dr. Bosun noted, “The best way to ensure reduction in the cost of data is that people have access to connectivity through multiple sources.”

    Kindly share this story:

    Contact: [email protected]

    Stay informed!
    Follow us on: X.com: @TheReporter2024
    Follow us on: Facebook: TheReporterNigeria
    WhatsApp for breaking news, updates and exclusive content. Don't miss a headline – Click below to join now!
    WHATSAPP

    Latest articles

    Injured NASS staff gets N25m compensation from NSITF

    Nigeria Social Insurance Trust Fund, NSITF, on Tuesday paid N25million as a compensation to...

    Gen Z: Expert urges parents to adopt balanced approach in child upbringing

    The Chief Missioner of Nadwat Ul Ahly Global Assembly, Dr. Rahman Adeyanju Lawal has...

    Tinubu adopts TASUED as Federal University

    President Bola Tinubu has approved the adoption of the Tai Solarin University of Education...

    Tribute to JIBWIS and Sheikh Saidu Hassan Jingir By Muhammad Ahmad Musa

    This is to extend a heartfelt condolences to the Jama’atu Izalatul Bid’ah Wa Iqamatus...

    More like this

    Injured NASS staff gets N25m compensation from NSITF

    Nigeria Social Insurance Trust Fund, NSITF, on Tuesday paid N25million as a compensation to...

    Gen Z: Expert urges parents to adopt balanced approach in child upbringing

    The Chief Missioner of Nadwat Ul Ahly Global Assembly, Dr. Rahman Adeyanju Lawal has...

    Tinubu adopts TASUED as Federal University

    President Bola Tinubu has approved the adoption of the Tai Solarin University of Education...