Lagos Secures $22 Million Investment to Boost Fibre Optic Infrastructure
Lagos secures $22 million foreign investment to expand fibre infrastructure, boosting connectivity, digital transformation, and support for its tech sector.

Lagos State has secured a $22 million foreign direct investment aimed at expanding its fibre optic infrastructure, Daily Trust has reported.
According to the report, the investment marks a key milestone in its drive to enhance digital connectivity, accelerate digital transformation efforts, and support its growing tech ecosystem.
The funding is expected to strengthen the foundation for innovation, improve access to high-speed internet, and enable broader participation in the digital economy across the state.