Governor AbdulRahman AbdulRazaq of Kwara State has directed that
the Right of Way (RoW) fee for telecommunications firms (Telecom)
be slashed from N5,500 per linear metre to N1 per kilometre of
fibre.
Commissioner for Communication, Murtala Olanrewaju, in a
statement said the reduction was with immediate effect. He
described the new fee as the second lowest in Nigeria after Kaduna
State.
He said the decision was to deepen digital penetration in Kwara,
jerk up the state’s ease of doing business ratings, and ease access
to the internet and other digital communication even in the
remotest parts of the state.
“Apart from driving up investment in the sector, the long-term
effects of this significant step such as strengthening access to
digital communications and bringing more businesses to the
hinterlands cannot be quantified,” he said.
Internet and broadband penetration is known to have a direct
correlation with economic development.
A study by the International Telecommunications Union (ITU) on
Africa reported that a 10 per cent broadband penetration would lead
to a 2.5 per cent increment of Gross Domestic Product (GDP).
The National Economic Council (NEC)recently resolved to
encourage technological advancement as a way to fast track economic
development in Nigeria.
The resolution was hinged on the need to create favourable
business environment for telecommunication companies and to further
deepen broadband penetration for social and economic
development.
Governor AbdulRahman AbdulRazaq of Kwara State has directed that
the Right of Way (RoW) fee for telecommunications firms (Telecom)
be slashed from N5,500 per linear metre to N1 per kilometre of
fibre.
Commissioner for Communication, Murtala Olanrewaju, in a
statement said the reduction was with immediate effect. He
described the new fee as the second lowest in Nigeria after Kaduna
State.
He said the decision was to deepen digital penetration in Kwara,
jerk up the state’s ease of doing business ratings, and ease access
to the internet and other digital communication even in the
remotest parts of the state.
“Apart from driving up investment in the sector, the long-term
effects of this significant step such as strengthening access to
digital communications and bringing more businesses to the
hinterlands cannot be quantified,” he said.
Internet and broadband penetration is known to have a direct
correlation with economic development.
A study by the International Telecommunications Union (ITU) on
Africa reported that a 10 per cent broadband penetration would lead
to a 2.5 per cent increment of Gross Domestic Product (GDP).
The National Economic Council (NEC)recently resolved to
encourage technological advancement as a way to fast track economic
development in Nigeria.
The resolution was hinged on the need to create favourable
business environment for telecommunication companies and to further
deepen broadband penetration for social and economic
development.