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Broadband penetration, smartphones key to Nigeria's digital economy – Pantami

Nigeria's Minister of Communications and Digital Economy, Dr Isa Pantami, has credited the successful achievement of a digital economy in Nigeria to broadband penetration, access to smartphones, digital identity and biometric verification of bank accounts.

Pantami made this statement on Monday, while engaging industry players and agencies under the ministry on the ways to achieve accelerated execution of the new Nigerian National Broadband Plan 2020 to 2025.

Image Source: Nairametrics

A statement released by the Nigerian Communications Commission said that the minister specifically emphasised the need for collaboration between the public and private stakeholders to achieve Nigeria's target of 70 per cent broadband penetration as contained in the NNBP.

Also speaking at the forum, the Executive Vice Chairman of the NCC, Prof. Umar Danbatta, said the commission was putting necessary regulatory measures in place to actualise the targets in the national broadband policy.

Nigeria In Focus:

Population: 206.6 million (Compared to South Africa's 59.6 million)

GDP: $504.57 billion (Compared to South Africa's $369.85 billion)

GDP Per Capita: $2,465 (Compared to South Africa's $6,193)