Nigeria’s Minister of Communication and Technology, Mrs Omobola Johnson, says the government is taking steps to address the operational challenges confronting the telecoms sector.
The Minister said one of the ways of addressing the problem was the implementation of the infrastructure company (InfraCo) model, which would enable ubiquitous broadband access that would in turn help in accelerating economic development.
The Private BusinessDay Newspaper reported on Wednesday that the minister gave the assurance at the first edition of telecoms stakeholders’ summit in the commercial city of Lagos.
She said: “The ICT sector today contributes just over 8 per cent to Gross Domestic Product. If we achieve our targets of a five-fold increase in broadband penetration by 2017 from six per cent to 30 per cent we will deliver through broadband a phenomenal 3 per cent increase in GDP.”
The executive vice chairman of Nigerian Communication Commission (NCC), Mr. Eugene Juwah, said a fresh round of licensing in the telecommunications sector was expected to begin in December 2014, which would give birth to seven regionally-based infrastructure companies (InfraCos).
There are more than 70 million subscribers to five major mobile networks, making the country one of the fastest growing telecommunication sectors in the world.