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Wednesday, November 29, 2023

FG Promises Lower Data Prices, Higher Internet Speed by 2024

FG Promises Lower Data Prices, Higher Internet Speed by 2024

Nigeria’s vice president, Yemi Osinbajo, has said the federal government is putting in place a broadband infrastructure that will reduce the cost of internet data to N390 per 1gigabyte in the next three years.

Presently, Nigerians pay as much as N1, 200 for a gigabyte of data depending on the telecommunication company they deal with.

Osinbajo said, on Thursday, during the opening ceremony of 51st annual conference of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) in Abuja that prices of data would further crash by the time the government completed laying the broadband infrastructure across the country.

Apart from crashing the data cost, the vice president who was represented by the Minister of State for Works and Housing, Engr. Abubakar Aliyu, also said the broadband infrastructure would also increase the internet speed 10megabyte download speed per second (10mps).

Nigeria currently has 15.60mps in the urban centres and 45 in the rural areas.

He said the federal government would involve estate surveyors in its infrastructure drive, especially in the areas of building and construction.

President and chairman in council of NIESV, Emmanuel Okas Wike, said in his welcome address that the government should hand over the building of houses in the country to the private sector and liberalise the sector like that of the telecommunication sector.


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