The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijjani, says Nigeria’s digital economy saw a leap in FDI, rising from $22M in Q1 2023 to $191M in Q1 2024.
The surge reflects strategic reforms under President Bola Tinubu, with Q2 2024 also showing growth from $25M to $114M compared to the previous year.
Dr. Tijjani revealed plans to launch a $2B fibre optic project covering 90,000km by Q4 2025.
He also said, over 117,000 Nigerians have been trained under the 3MTT programme. He projected a GDP rise in the sector from 16% to 22% by 2025, boosting connectivity and economic growth.
The Minister highlighted AI and startup strides, including a Nigeria Startup House in San Francisco targeting $5B funding.
He also announced ₦300M investment in AI/blockchain agritech startups, 7,000 telecom towers for 98% coverage and zero Right-of-Way in 12 states.






