The prices of data and telecommunication services would see a 40 percent crash, after steps taken by the Federal Government to attract local and foreign investment are in place, the Minister of Communications and Digital Economy, Dr. Isa Pantami has promised.
According to Pantami, the government has seen that two critical challenges in the telecommunications industry, especially in the Right of Way (RoW) charges and other infrastructural protection and development.
Pantami revealed this while declaring open a week-long training programme organised by the National Information Technology Development Agency (NITDA) for ICT/Telecomm reporters in Abuja.
He said improvement on infrastructure has pushed up broadband penetration from 30 percent to 40.18 within the past one year.
The Minister said the government is looking at hitting a 40 per cent reduction in data prices and other telecommunication services between now and 2025.
He said the policies that the government are putting in place this would promote the digital economy and improve the living standard of Nigerians.
Pantami also said the Federal Government would be putting emphasis on skill acquisition and development, adding that certificates and degrees have not been productive.
