In brief

11 August 2017

Telecoms

The Federal Government of Nigeria has revealed plans to enter into negotiations with the China Exim Bank for the full funding of the NIPTI 2 national backbone network, estimated to cost NGN100 billion (USD272 million), The Daily Times writes. The fibre-optic rollout will complement the NIPTI 1 programme – which covers most of the southern states and is 80% complete – by extending the network nationwide. The Minister of Communications Adebayo Shittu said: ‘When concluded, it will not only cover federal ministries, department agencies and all government’s parastatals, but there will be enough for commercialisation to the private sector, particularly GSM companies and other ICT industries. So, we hope that Nigeria will be making a lot of money from this particular facility when completed.’