With the number of mobile smartphones in people hands in Nigeria, one would think that everyone is connected and surfing the internet.

But alas, Nigeria is far behind when it comes broadband access.

Although, it cannot be denied that mobile Internet subscriptions is growing in the country but about 154 million Nigerians have yet to experience high-speed Internet, otherwise known as broadband.

The figure is based on the current 22% penetration and the nation’s population, which the National Population Commission (NPC) put at 198 million.

While statistics from the Nigerian Communications Commission (NCC) shows that Internet subscription on the four mobile networks reached 101.2 million as at April, only 43.5 million Nigerians currently have access to broadband, going by the current penetration rate.

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However, efforts are on-going to ensure that Nigeria achieves 30% penetration by the end of this year, which would bring the figure to 59.4 million connections.

Ubiquitous broadband in Nigeria is expected to drive substantial transformation in different sectors of the economy and ensure optimum use of advanced technologies such as the Internet of Things (IoT), machine learning and Artificial Intelligence (AI).

A World Bank study has shown that a 10 percent point increase in fixed broadband penetration would increase Gross Domestic Product (GDP) growth by 1.21% in developed economies and 1.38% in developing ones.

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