The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has confirmed that Project BRIDGE has secured a $100 million investment from the European Bank for Reconstruction and Development (EBRD), marking a major milestone in Nigeria’s digital infrastructure expansion drive.
According to Tijani, the approval was granted by the EBRD Board following a series of high-level engagements during the final leg of the Project BRIDGE Investment Tour across Europe.
The $100 million commitment adds to the previously approved $500 million financing from the World Bank Group for the project.
Earlier in the week, Nigeria also signed the European Union Digital Economy Package worth €45 million. The package includes a €22 million grant for Project BRIDGE, €18 million for Digital Public Services, and €5 million to support the 3MTT Nigeria Programme.
Tijani described the approvals as “deeply reassuring,” noting that they reflect growing international confidence in Nigeria’s digital transformation agenda. He said the funding will support the planned deployment of 90,000 kilometres of fibre optic cable nationwide, aimed at delivering meaningful connectivity to citizens, businesses, and public institutions.
The minister added that the partnerships were secured after extensive engagements across six countries in two weeks, underscoring the administration’s commitment to strengthening digital infrastructure as a foundation for economic growth.
Project BRIDGE is central to Nigeria’s strategy to expand broadband access, enhance digital public services, and position the country as a leading digital economy in Africa.
