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Nigeria’s 90,000km fibre network will be built by a company that doesn’t yet exist
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TechCabal
World Bank project documents currently refer to it as the “Project Company,” “Project BRIDGE SPV,” or simply the “SPV.”
“For now, it is referred to in the relevant documents as the “Project Company”, the “Project BRIDGE SPV” or simply the “SPV”.”
If successful, Project BRIDGE would increase Nigeria’s fibre backbone to about 120,000 kilometres, extend connectivity to more than 770 local government areas, and connect thousands of schools, hospitals and other public institutions.
Nigeria is not simply building another fibre network.
But the economics of the project remain exposed to the same pressures confronting much of Nigeria’s infrastructure sector.