📋 Tender Overview
Project ID: 56618
Status: Concept Reviewed
Location: Nigeria
Business Sector
Notice Type: State
Environmental Category: IESE
Approval Date: 17 Dec 2025
Disclosure date: 15 Oct 2025
Project Description
Provision of a sovereign loan of up to USD 100 million to the Federal Republic of Nigeria to finance its participation in a special purpose vehicle (SPV) for the nationwide rollout of approximately 90,000 km of fibre-optic broadband infrastructure.
Project Objectives
The proposed project directly supports the Federal Government of Nigeria's objective to close the digital divide and raise service quality by enabling affordable household connectivity of at least 25 Mbps nationwide. By delivering resilient, open, and cost-effective broadband infrastructure, the project will also underpin economic diversification, productivity growth for MSMEs, and improved delivery of digital public services (education, health, security). The intervention prioritises unserved and underserved regions where commercial deployment has stalled, aligning public resources to de-risk first-mover investment and crowd in private capital for last-mile expansion. The project will be structured around the following components:
Resilient Digital Infrastructure. This component finances the rollout of climate-resilient, low-carbon backbone and backhaul fibre in priority corridors lacking adequate connectivity. Infrastructure will be designed for high availability and disaster tolerance (redundant routes, robust O&M standards, secure landing and aggregation points). The build will follow open-access principles to maximise competition: neutral colocation, fair wholesale pricing, and transparent interconnection to enable ISPs, MNOs and other operators to extend service to households, public institutions, businesses and mobile towers. Public funds are catalyticitargeted to segments with poor economicsito mobilise private co-investment and operating commitments for last-mile access, including fixed wireless where appropriate. Expected outputs include new fibre-kilometres commissioned, population and institution coverage uplift, latency and outage reductions, and wholesale tariff benchmarks that enable affordable retail offers.
