Ekiti has become the first state in Nigeria to comply with the National Executive Council approved the right of way charges related to telecommunications infrastructure.
Governor Kayode Fayemi, in an executive order, crashed the right of way charges on telecommunications infrastructure by N4,355 from N4,500 to N145.
“The right of way charges related to the laying of broadband or any other telecommunications infrastructure in Ekiti State shall not exceed One Hundred and Forty-Five Naira (N145) per meter,” the statement read.
The government said the policy would provide people living in the state with a reliable and affordable internet connection and attract local and foreign investment for the development of telecommunication infrastructure.
“Broadband connectivity across Ekiti State will enhance the ability of the government of Ekiti State to increase economic prosperity; attract new businesses; enhance job growth; extend the reach of affordable; high-quality healthcare; enrich student learning with digital tools, and facilitate access to the digital marketplace.”
The policy makes Ekiti the cheapest state for broadband infrastructure investment as 1km of cable will now cost just N145,000 as against N4.5 million, the government said.
“Government policy on broadband connectively (sic) shall specifically target all sectors of Ekiti State including rural homes, farms, small businesses, manufacturing and production sites, transportation systems and healthcare and education facilities,” Mr. Fayemi stated.
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