ICT company, ipNX, has identified fibre infrastructure as the foundation for building a resilient and competitive digital economy, urging sustained investment in broadband networks, local data hosting and internet traffic exchange to support the country’s digital transformation.
Speaking during a panel session titled “Powering the Digital Economy: Infrastructure, Finance, and Scale” at the Duale, Ovia & Alex-Adedipe (DOA) Business Series 2026 held in Lagos, the company’s Chief Technology Architect, Oluwaseun Oluboyo, said strengthening Nigeria’s fibre network is critical to ensuring reliable digital services and unlocking future economic growth.
According to Oluboyo, as more Nigerians rely on digital platforms for work, education, communication and commerce, the need for robust and resilient fibre infrastructure has become increasingly important.
“Digital services have become essential to how we work, communicate, learn, and transact. Ensuring their reliability requires sustained investment in robust infrastructure and resilient networks,” he said.
He noted that disruptions caused by fibre cuts, infrastructure failures and service outages can have far-reaching consequences for businesses, government operations and the wider economy.
Oluboyo also advocated greater local hosting of digital services and applications, saying it is essential for advancing Nigeria’s digital sovereignty. He explained that many of the cloud-based services used by Nigerians are hosted outside the country, resulting in higher latency and reduced service efficiency.
“When services, applications, and content are hosted closer to users, response times improve significantly, network efficiency increases, and service providers gain greater control over the quality of experience,” he stated.
While acknowledging progress made through internet exchange points and content caching infrastructure provided by global technology companies, he said Nigeria still has significant opportunities to expand local internet traffic exchange and strengthen its digital infrastructure.
He stressed that bridging the country’s digital divide should remain a national priority, noting that although satellite and microwave technologies can extend connectivity to remote communities, fibre infrastructure offers the most sustainable long-term solution for delivering the speed, capacity and reliability required to meet future digital demand.
Oluboyo also praised the Project BRIDGE initiative, describing it as a strategic step towards expanding broadband access to more communities and creating greater opportunities for participation in the digital economy.
The panel discussion formed part of the DOA Business Series 2026, where industry leaders, policymakers and stakeholders examined the infrastructure, financing, regulatory and policy issues shaping Nigeria’s digital economy.
He called for stronger collaboration between the government and the private sector to ensure that policy discussions translate into tangible outcomes that improve nationwide connectivity and digital access.
“As stakeholders, we must continue to evaluate our progress, strengthen collaboration, and take practical steps that will expand connectivity, improve digital access, and unlock the full potential of Nigeria’s digital economy,” Oluboyo said.
He reaffirmed ipNX’s commitment to investing in broadband infrastructure that promotes digital inclusion, supports reliable connectivity and positions Nigeria for a more connected and competitive digital future.
