Nigeria FinTech Landscape - Impact Assessment
4: The telecoms industry should make concerted efforts to improve broadband
coverage, affordability while driving device penetration
Key components
Objectives
Drive digital coverage across
Nigeria by improving
broadband infrastructure and
access, reducing cost of data
and increasing smartphone
penetration
Improve broadband
coverage
Reduce the cost of data
Drive down price of
smart feature phones
Designate USSD as critical infrastructure to provide cost effective access to
all customers
Encourage fiber optic infrastructure sharing from various market players -
telcos, internet service providers etc.
> Drive down cost of data by promoting pricing transparency and
encourage infrastructure sharing
> Drive down cost of smart feature phones by developing partnerships to
assemble low cost phones in free-trade zones in Nigeria
Stakeholders
NCC
Telcos
Ministry of Finance
SOURCE: Expert interviews, Stakeholder interviews, team analysis
Local and State Gov't
Encourage sharing of infrastructure among telcos and internet service
providers
■ Accelerate broadband coverage across country
Collaborate to share broadband infrastructure.
Enable duty-free import of smart feature phone components and assembly
in free-trade zones in Nigeria
EFINA
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