CHINA GRANTS NIGERIA USD200M LOAN FOR GOVERNMENT RURAL TELEPHONY PACKAGE
In the bid to provide cheap telephone services to rural communities, the Federal Government of Nigeria last week launched a rural telephony programme for the country for which it plans to spend USD200 million (about N26.6 billion) in the next few years. The money is a loan package granted by the Chinese Government while the Federal Government will provide a counterpart funding of N2.8 billion.
The rural telephony programme will be delivered in three projects spread across 343 local government areas of the country. The three projects include Rural Radio Systems (RRS), which will be provided in 125 local government areas, Alcatel Shangai Bell (ASB) covering 108 local governments, and ZTE provided services in 110 local government areas.
Major features of the ASB project include transmission link, switching and access network, power supply, and construction of equipment room. It would have capacity for about 512 lines covering a distance of about 3km in both fixed lines and wireless technology options.
The loan is part of the Chinese Government's aggressive support for its telecoms equipment manufacturers who have chalked an impressive run of supply contracts.