The federal government has secured a $200 million loan from the African Development Bank (AfDB) to expand Nigeria’s fibre optic network, targeting nationwide broadband growth and digital inclusion. The project, part of the Digital Value Chain Infrastructure for Boosting Employment (D-VIBE) Project, also known as Project BRIDGE, aims to increase the fibre backbone from 30,000km to 120,000km, connecting all 774 LGAs to high-speed internet.
The $800 million financing package includes funding from the World Bank, European Bank for Reconstruction and Development, and private sector investments. The project will support digital public services, skills development, and cybersecurity, with a focus on affordable devices and digital literacy.
AfDB’s Director-General, Abdul Kamara, said the project will address Nigeria’s infrastructure deficit, unlock economic opportunities, and empower young Nigerians in the digital economy. The initiative is expected to generate 2.8 million jobs and raise broadband penetration from 45% to 70% by 2030.
The project will also establish cross-border fibre links with neighboring countries, strengthening regional digital integration 📈.
