MainOne to Invest N25bn towards boosting tech drive in Lagos

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MainOne, a West African technology firm, said it plans to invest up to 25 billion naira in fibre optic infrastructure by adding 2,000km to the existing 700km facilities in the new developmental phase of Lagos State, Nigeria.

The tech firm said the move is part of its “Digital Lagos: Broadband for All” campaign initiative, targeted at enabling Lagos’ digital transformation through the deployment of ubiquitous broadband infrastructure across the state.

The Chief Executive Officer, MainOne, Funke Opeke, who addressed journalists in Lagos, said the company is keen to collaborate with the Lagos State Government, and all other relevant stakeholders to build a digital state. She said this will enable residents from all walks of life realise the benefits of broad, sustainable economic growth, modernised education, health and other services delivery, and improved quality of life.

Opeke said “MainOne is pleased to have the opportunity to present its plan for Digital Lagos, a proven path to ubiquitous broadband connectivity. This plan will involve the investment by MainOne of over 25 billion naira over the next two-three years, to develop critical fibre optic infrastructure to enable broadband services across Lagos state”.

She noted that the initiative is part of the project expected to come out of the InfraCo licence the firm got in 2015 and said the company has pioneered investments in critical Internet-enabling infrastructure across West Africa.

Consultant to the Project, Judah Levine, Chief Executive Officer, Hipconsult, said MainOne’s Digital Lagos Plan will deploy world-class, open-access fibre optic networks through all local government Areas and business districts in the state, including fast-growing population centres such as Alimosho, Ajeromi, Ifelodun, Kosofe and Ikorodu.

Levine said the digitisation of Lagos will accelerate job creation and economic growth, as well as support the future of the state as a 21st century mega-city.


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