The Nigerian government is focused on strengthening its digital economy by investing $2 billion in submarine cables.
Investment in Digital Infrastructure
During the Submarine Cable Resilience Summit in Abuja, Minister of Communications, Innovation and Digital Economy Dr. Bosun Tijani announced a $2 billion investment to ensure quality connectivity across Nigeria. This project is set to cover 90,000 kilometers of submarine cable across the nation.
International Cable Resilience Summit
Nigeria will host a global conversation on submarine cable protection, welcoming delegates from 50 countries to the inaugural International Submarine Cable Resilience Summit. Participants will address issues related to preventing damages to cables, which are crucial for global economic sectors like banking and telecommunications.
Global Challenges and Solutions
Annually, about 150 to 200 cable breaks occur worldwide, causing disruptions across various sectors. At the summit, experts will discuss strategies to prevent such incidents and propose innovative recovery and maintenance methods. The International Telecommunication Union (ITU) advises countries to avoid relying on a single cable to prevent full disconnection in case of outages.
The summit will serve as a platform to address critical cable infrastructure resilience issues and enhance Nigeria's position in the global digital economy.
