Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, announced that the European Bank for Reconstruction and Development has approved a $100 million investment in Project BRIDGE, Nigeria’s nationwide fibre-optic expansion programme.
The approval adds to the $500 million previously secured from the World Bank Group. In addition, the European Union committed a €22 million grant as part of a broader €45 million digital economy package supporting digital public services and the 3 Million Technical Talent (3MTT) programme.
Tijani said the approvals followed a two-week investment tour across six European countries to secure partnerships for deploying 90,000 kilometres of fibre-optic cable nationwide.
Project BRIDGE, launched on August 5, 2025, as a special purpose vehicle (SPV), aims to increase internet penetration by 70 percent overall and 80 percent for underserved populations by 2027, while leveraging private sector expertise and funding.
