The president, Major General Muhammadu Buhari (ret.), said on Tuesday that there is currently 100 percent broadband penetration across the country.

Buhari revealed this at the first Digital Economy Conference of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, held at the Abuja Chamber of Commerce and Industry compound.

Speaking through the Minister for Communications and Digital Economy, Isah Patami, the president said reports that the country had achieved only 43 percent broadband penetration were outdated.

“One of the richest people in the world announced that Nigeria, out of 54 African countries, has outstanding broadband penetration. As I speak to you today, broadband penetration in Nigeria is 100 percent,” Buhari said.

He explained that from 23 percent coverage in 2019, the Federal Government had increased broadband penetration by 77 percent to 100 percent in 2023.

“As of today, broadband can be accessed anywhere in the country, whether in urban, rural or desert areas. We are the first African country to achieve this and the only one so far”, stated the President.

This came as the president revealed that the communications ministry’s quarterly revenue had grown considerably, adding that “we went from generating N51bn in three months to N408bn in three months.”

NACCIMA National President John Udeagbala said the conference was organized to promote the tech ecosystem, establish the potentials of the digital economy for job creation and identify the opportunities that exist in the tech industry in Nigeria.