Nigeria's digital transformation plans, including 70% broadband penetration by 2025, to be discussed at PIAFo on July 10, as digital economy growth declines.
Nigeria's digital transformation plans, including 70% broadband penetration by 2025, will be discussed at the Policy Implementation Assisted Forum (PIAFo) on July 10 in Lagos. Despite initial growth, Nigeria's digital economy experienced minimal growth in 2023-2024, with broadband penetration dropping from 48.28% to 43.53% due to currency devaluation, foreign investment decline, and forex instability. The PIAFo aims to ensure targets outlined in digital economy policy documents are achieved.
June 20, 2024
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