" ITREALMS: ₦3.99trn
Showing posts with label ₦3.99trn. Show all posts
Showing posts with label ₦3.99trn. Show all posts

Tuesday, July 28, 2026

EXCLUSIVE: Nigerian telecoms operators plan ₦3.99trn infrastructure injection - ITREALMS

To solidify Nigeria’s digital economy, telecommunications operators under the umbrella of the Association of Licensed Telecommunications Operators of Nigeria (ALTON) have committed to a massive two-year capital expenditure (CapEx) plan totaling ₦3.99 trillion across 2025 and 2026, reports ITREALMS.
EXCLUSIVE: Nigerian telecoms operators plan ₦3.99trn infrastructure injection - ITREALMS
Speaking at an address before the Lagos Chamber of Commerce and Industry (LCCI), ALTON Chairman Engr. Gbenga Adebayo disclosed that following pivotal government intervention in 2025, specifically a strategic tariff adjustment that restored financial sustainability; Mobile Network Operators (MNOs) and tower infrastructure companies injected roughly ₦2.13 trillion in CapEx last year alone.