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Yes Africa > Blog > Africa Development > Nigeria to overhaul telecom sector with new $1 billion investment
Africa DevelopmentEconomy

Nigeria to overhaul telecom sector with new $1 billion investment

Christabel Airo
Last updated: 2025/05/23 at 11:33 AM
Christabel Airo
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Nigeria’s telecommunications sector is set to experience a dramatic improvement in service quality by the third quarter of 2025, driven by a monumental $1 billion investment in network equipment, the Minister of Communications and Digital Economy, Dr Bosun Tijani, said on Thursday.

The equipment, slated for delivery starting in July, marks a historic commitment to modernising the nation’s telecom infrastructure.

The $1bn procurement, one of the largest in Nigeria’s telecom history, was made possible by a 50 per cent tariff adjustment approved in February 2025, the first in over a decade. This adjustment has provided operators with the financial flexibility to address operational costs that have skyrocketed by over 300 per cent in the past ten years, enabling reinvestment in critical network upgrades.

“We’ve confirmed that our telcos have placed equipment orders worth over $1 bn, something we haven’t seen in years,” Tijani shared in an interview with TVC. “These orders, placed with Original Equipment Manufacturers (OEMs), will start arriving between June and July, setting the stage for a significant leap in service quality by Q3.”

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The investment is poised to tackle long-standing issues such as dropped calls, slow internet speeds, and limited broadband access. It will also accelerate the rollout of 4G and 5G networks, particularly in high-demand urban areas and underserved rural regions. Nigerians can expect a noticeable improvement in connectivity and reliability by Q3,” Tijani added.

TAGGED: nigeria, Trending News
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