Abuja, July 27, 2025
Yinka Isioye, a digital infrastructure expert, has revealed that Nigeria’s economy suffers an estimated $15 billion loss annually due to the persistent broadband connectivity gap across the country.
Speaking at a recent industry forum in Abuja, Isioye emphasized that the underdevelopment of broadband infrastructure is limiting Nigeria’s full participation in the global digital economy. He noted that rural and underserved regions remain largely disconnected, preventing millions from accessing digital services, e-learning, e-commerce, and remote job opportunities.
Isioye stressed that improved broadband penetration would not only accelerate innovation but also enhance financial inclusion, job creation, and overall national productivity. According to him, bridging the broadband divide could unlock significant economic potential and increase Nigeria’s GDP by as much as 2 to 3 percent annually.
Despite some progress in telecom expansion, industry analysts argue that inadequate investment, inconsistent regulation, and limited public-private partnerships continue to hamper large-scale connectivity projects. Isioye urged the government to prioritize infrastructure policies and strategic collaborations to meet the national broadband plan targets.
He concluded that until Nigeria tackles its broadband disparity head-on, the nation will continue to forfeit critical economic gains in an increasingly digital world.
