Tinubu directs prioritisation of digital infrastructure investments

President Bola Tinubu has directed the Federal Ministry of Communications, Innovation, and Digital Economy; the Federal Inland Revenue Service (FIRS), and the Federal Ministry of Environment to align regulations and tax frameworks to facilitate investment expansion in telecommunications and broadband infrastructure nationwide. The President issued the directive at a meeting with a delegation from American […]

President Bola Tinubu has directed the Federal Ministry of Communications, Innovation, and Digital Economy; the Federal Inland Revenue Service (FIRS), and the Federal Ministry of Environment to align regulations and tax frameworks to facilitate investment expansion in telecommunications and broadband infrastructure nationwide.

The President issued the directive at a meeting with a delegation from American Tower Corporation (ATC) Nigeria at the State House in Abuja on Thursday, expressing dissatisfaction with the bureaucratic pace in permit issuance processing for companies operating in the digital infrastructure sector. 

The Chief Executive Officer of ATC Africa, Mr. Marek Busfy had expressed ATC Nigeria’s commitment to expanding its investments in the country, which have already surpassed $2.19 billion since its commencement of Nigerian operations in 2015. 

Busfy also emphasized ATC’s commitment to delivering value to subscribers while reducing greenhouse gas emissions associated with its operations.

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Responding, President Tinubu commended ATC Nigeria for its significant contributions and investments in the country’s ICT sector, highlighting the importance of innovative solutions to bridge the digital divide. 

The president, in a statement by his spokesman, Chief Ajuri Ngelale, lauded the ongoing efforts of the Federal Ministry of Communications, Innovation, and Digital Economy to promote digital connectivity across the nation, particularly the 3 Million Technical Talent (3MTT) programme that functions to upskill three million Nigerian youths in digital literacy and innovation through innovation incubators nationwide.

President Tinubu outlined ongoing initiatives to establish broadband connectivity in all 774 local government secretariats within six months, leveraging existing infrastructure, such as NIGCOMSAT and Galaxy Backbone’s fibre optic network.