Through the Federal Ministry for Communications and the Digital Economy, the federal government has presented a joint project between FG and Microsoft to develop high-speed internet infrastructure in six regions of the country.
This was revealed in a statement by the presidential media assistant Tolu Ogunlesi on Monday afternoon.
Microsoft transaction details
“After talks with the Federal Ministry for Communications and Digital Economy and local partners, six regions in [Nigeria] devoted themselves to the development of high-speed Internet infrastructure,” said the joint statement.
“Microsoft’s Air Band Initiative has succeeded in bringing high-speed Internet connectivity to underserved communities around the world using unused television frequencies. This technology is cheaper and faster to use than fiber, and has the added benefit of traveling long distances and being able to. covers wooded terrain, “he added.
What you should know
The number of internet subscribers in Nigeria increased from 126.1 million in the fourth quarter of 2019 to 154.3 million in the fourth quarter of 2020, an increase of 22.38%. According to the 2020 National Statistics Bureau (NBS) telecommunications report for the fourth quarter of 2020, Lagos, Kano, Oyo, FCT and Ogun recorded a total of 8.96 million new internet subscribers between 2019 and 2020.