September 5, 2015 IBOMLLC Team

Nigeria’s Broadband Penetration Rate Is Low And Concerns Are Rising

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

Nigeria has a collective bandwidth capacity of more than 19 terabytes, when you take into account, the submarine cables brought in by the MainOne, WACS, and Glo 1 among other Internet players. All these broadband investments were made in anticipation that the current government will encourage the penetration of broadband usage to about 30% by the year 2017.

However, the penetration rate has been quite low, and stakeholders are already concerned. The current broadband penetration in Nigeria stands at 10%, despite the country’s great capability. Over the last weekend, two forums were held where concerns about the lack of government push to fast-track the adoption of broadband across Nigeria were discussed.

The two forums were the Nigeria Internet Group (NIG) under the theme: ‘Internet Penetration: The Way Forward‘ and the Nigeria Information and Communications Technology Reporters’ Association (NITRA) which held its quarterly seminar under the theme: ‘Foreign Direct Investment – An Impetus To Achieving ubiquitous Broadband Penetration‘.

All these forums centered on the discussions looking at various ways to remove obstacles preventing higher rate of broadband penetration. The stakeholders described the rate as snail speed development frowning at …read more

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