New Infrastructure To Crash 1GB Data Price To N390 — Osinbajo

Vice President Yemi Osinbajo has said the federal government is
building broadband infrastructure in order to crash the cost of
internet data to N390 per 1GB in the next three years.

A gigabyte of data currently costs between N1,000 and N1,200 in
Nigeria’s telecom market, though the country still has cheaper data
rates compared with other countries.

But speaking during the opening ceremony of 51st annual
conference of the Nigerian Institution of Estate Surveyors and
Valuers (NIESV) in Abuja on Thursday vice president Osinbajo said
by the time the government completed laying of broadband
infrastructure across the country data prices would further
crash.

Apart from crashing the data cost, the vice president who was
represented by the Minister of State for Works and Housing, Engr.
Abubakar Aliyu, also said the broadband infrastructure would also
increase the internet speed 10megabyte download speed per second
(10mps).

Nigeria currently has 15.60mps in the urban centres and 45 in
the rural areas.

He said the federal government would involve estate surveyors in
its infrastructure drive, especially in the areas of building and
construction.

Earlier, in his welcome address, the President and chairman in
council of NIESV, Emmanuel Okas Wike, said the government should
hand off the building of houses in the country to the private
sector and liberalise the sector like that of the telecommunication
sector.

Wike said building infrastructure is the catalyst to economic
development and the private sector should be fully involved in
it.

Vice President Yemi Osinbajo has said the federal government is
building broadband infrastructure in order to crash the cost of
internet data to N390 per 1GB in the next three years.

A gigabyte of data currently costs between N1,000 and N1,200 in
Nigeria’s telecom market, though the country still has cheaper data
rates compared with other countries.

But speaking during the opening ceremony of 51st annual
conference of the Nigerian Institution of Estate Surveyors and
Valuers (NIESV) in Abuja on Thursday vice president Osinbajo said
by the time the government completed laying of broadband
infrastructure across the country data prices would further
crash.

Apart from crashing the data cost, the vice president who was
represented by the Minister of State for Works and Housing, Engr.
Abubakar Aliyu, also said the broadband infrastructure would also
increase the internet speed 10megabyte download speed per second
(10mps).

Nigeria currently has 15.60mps in the urban centres and 45 in
the rural areas.

He said the federal government would involve estate surveyors in
its infrastructure drive, especially in the areas of building and
construction.

Earlier, in his welcome address, the President and chairman in
council of NIESV, Emmanuel Okas Wike, said the government should
hand off the building of houses in the country to the private
sector and liberalise the sector like that of the telecommunication
sector.

Wike said building infrastructure is the catalyst to economic
development and the private sector should be fully involved in
it.