" ITREALMS: ISOC study: Nigeria rakes in USD40m from IXPN services - ITREALMS

Monday, February 05, 2024

ISOC study: Nigeria rakes in USD40m from IXPN services - ITREALMS

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The recent study by the Internet Society (ISOC) has rated the Internet Exchange Point of Nigeria (IXPN) high, especially for saving the country some United States Dollars (USD) to the tune of 40 million, reports ITREALMS.
ISOC study: Nigeria rakes in USD40m from IXPN services - ITREALMS
As at the time of this report, USD40m is about N31,200,000,000.

ISOC in the study sighted by ITREALMS, noted that in Nigeria, IXPN had grown from carrying just 300 Megabits per second (Mbps) to peak traffic of 125 Gbps in 2020.

Also, ISOC said that the cost savings increased forty times to USD 40 million per year.

The Internet Society is a global charity that helps grow and protect the Internet, and shapes its future. Learn how they work to extend the Internet’s reach, defend its security, and support its innovators.

IXPN on the other hand, the realisation came as President Olusegun Obasanjo directed the Nigerian Communications Commission (NCC) to ensure that the nation gets its own Internet Exchange Point (IXP) as soon as possible, following which an IXP setup committee was constituted to work with the various structures that were in place in 2005.

The study, ITREALMS gathered focused on the African Internet ecosystem and the lessons from Kenya and Nigeria’s Internet Exchange Points growth as recorded.

Entitled “Anchoring the African Internet Ecosystem: Lessons from Kenya and Nigeria’s Internet Exchange Points Growth” the study brought forward the stories of how dedicated people made great strides towards faster and more affordable Internet.

This report showed how Internet Exchange Points Kenya and is Nigeria’s counterpart dramatically boosted their levels of locally exchanged Internet traffic, stressing that when local traffic stays local, Internet access is faster and more affordable.

As stated by the study, between 2012 and 2020, the levels jumped from 30 per cent to 70 per cent which led to significant cost savings for participating networks and puts these two countries in a strong position to participate in the digital economy.

“This happened because a community of passionate people on the ground – technical experts, policymakers, regulators, and businesses; embraced an essential piece of infrastructure: Internet Exchange Points (IXPs),” part of the study revealed.

The latest study, ISOC also said was an update on a study published in 2012, which examined two of Africa’s more advanced Internet Exchange Points (IXPs) at the time, namely KIXP in Kenya and IXPN in Nigeria.

According to ISOC, the jump in local traffic was a significant step towards the vision set by the peering community in Africa to achieve 80 per cent of African Internet traffic to be localised, even as they insisted that Africa must be a strong participant in the digital economy and the study outcome shows this is an essential blueprint for how IXPs could help make that happen.

Speaking to ITREALMS on this development, the Managing Director and Chief Executive Officer of IXPN, Mr. Muhammed Rudman, that today, both countries of Kenya and Nigeria have reached stage 2 of development, with nearly 70 per cent of traffic localized and they are poised to move to stage 3.

“The growth of the IXPs in each country was exponential, as were the cost savings from exchanging traffic locally rather than using expensive international transit,” Rudman declared.

ITREALMS gathered that Kenyan IXP grew from carrying a peak traffic of 1 Gigabit per second (Gbps) in 2012 to 19 Gbps in 2020, with cost savings quadrupling to USD six million per year.

Remmy Nweke/Editor

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