FG secures$100M EBRD investment for Project BRIDGE fibre expansion

FG secures$100M EBRD investment for Project BRIDGE fibre expansion

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247GistMan in Business & Making Money February 26, 2026, 7:47 am

Federal Government secures $100M EBRD investment for Project BRIDGE fibre expansion. Minister Dr. Bosun Tijani confirms EBRD Board approval for $100M package including €18M digital services and €5M 3MTT program. Adds to $500M World Bank financing for 90,000km fibre deployment nationwide. Addresses Nigeria's low broadband penetration (41.5%-48.8%) by expanding rural access to education, e-commerce, and remote work. Project BRIDGE aims to achieve 70% national broadband penetration by 2025.


SOURCE: https://nairametrics.com/2026/02/26/fg-secures-100-million-ebrd-investment-for-fibre-optic-expansion/


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