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Project BRIDGE: Nigeria seeks private capital as $20bn fibre link opens for bidding  – Technology Times

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The Federal Government has launched a major push to deepen Nigeria’s digital economy with a call for private sector investors to participate in a $20 billion infrastructure programme under the Building Resilient Digital Infrastructure for Growth initiative otherwise known as Project BRIDGE.

The programme, known as Project BRIDGE, is a joint effort involving the Federal Ministry of Communications, Innovation and Digital Economy (FMCIDE), the Nigeria Sovereign Investment Authority (NSIA), and the World Bank. It is designed to accelerate the deployment of critical digital infrastructure nationwide through a structured public-private partnership (PPP) model.

The Ministry says Project BRIDGE will establish a Special Purpose Vehicle (SPV) “aimed at deploying at least 90,000 km of Fiber Optic cables as Nigeria’s core connectivity Infrastructure and national backbone for universal access to Information and Communication Technology (ICT) across Nigeria, under a Private-Public Partnership (PPP) funding model.” This initiative will complete Nigeria’s intended target of 120,000 km of fibre-optic cable roll-out in Nigeria as identified in the Nigeria National Broadband Plan 2020 – 2025.

Project BRIDGE to complete Nigeria’s intended target of 120,000 km fibre

 

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Dr Bosun Tijani, Minister of Communications, Innovation and Digital Economy. Image credit: FMCIDE.

Under the framework, the government will take a minority stake of between 25% and 49% in a Special Purpose Vehicle (SPV) to be established for the project, while private sector investors will hold a controlling interest of at least 51%. The SPV will serve as the central vehicle for mobilising investment and executing the programme.

Quest Merchant Bank, which has been appointed as Transaction Adviser to structure the initiative and coordinate the process of identifying qualified private investors, is inviting expressions of interest from eligible investors with demonstrable experience in infrastructure financing, development, and operations.

The fibre project is positioned as a strategic intervention to close Nigeria’s digital infrastructure gap, expand broadband access, and strengthen connectivity across key sectors of the economy. The initiative aligns with broader national goals to drive digital inclusion, enhance economic productivity, and support innovation-led growth.

Under the framework, the government will take a minority stake of between 25% and 49% in a Special Purpose Vehicle (SPV) to be established for the project, while private sector investors will hold a controlling interest of at least 51%. The SPV will serve as the central vehicle for mobilising investment and executing the programme.

According to the invitation by the Transaction Adviser, the total project cost is estimated at $20 billion, with the government already securing $800 million in funding support from the World Bank’s International Development Association (IDA). Private investors are expected to contribute at least $10 billion in equity, alongside additional debt financing to fully capitalise the project.

Prospective investors, according to the Transaction Adviser, are required to submit detailed proposals outlining their corporate profile, financial capacity, investment strategy, and track record in delivering large-scale infrastructure projects. Submissions must also include disclosures on litigation status, conflicts of interest, and compliance with anti-corruption regulations in line with World Bank procurement standards.

The selection process will be guided by the World Bank’s procurement regulations for investment project financing, with evaluation criteria focusing on technical expertise, financial strength, and the ability to mobilise funding within defined timelines. Successful applicants will be shortlisted and invited to proceed to the next phase of the transaction process.

Applications are to be submitted electronically to ProjectBRIDGE@questmbl.com, with hard copies delivered to Quest Merchant Bank’s head office in Lagos, according to the announcement.

The announcement also noted that the invitation does not constitute an offer or solicitation for securities, and participation will be subject to applicable regulatory approvals. The initiative, however, signals a significant step in Nigeria’s effort to crowd in private capital for large-scale digital infrastructure development, a critical enabler for the country’s digital transformation ambitions.

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Resident doctors threaten nationwide strike over OAUTHC doctors’ industrial action

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The Nigerian Association of Resident Doctors (NARD) has threatened to embark on a nationwide solidarity strike if the ongoing industrial dispute at the Obafemi Awolowo University Teaching Hospitals Complex (OAUTHC) is not resolved.

In a statement on Thursday, the health body expressed support for resident doctors who commenced an indefinite strike last week.

The association, said the industrial action by the Association of Resident Doctors, OAUTHC (ARD OAUTHC), which began on 22 June, followed months of unresolved welfare and workplace concerns that management allegedly failed to address.

NARD described the crisis as avoidable, blaming it on what it called the hospital management’s failure to respond to repeated complaints despite earlier interventions by the national body.

Previous intervention ignored

According to the association, it had written to the Federal Ministry of Health and Social Welfare on 16 March, drawing attention to the deteriorating relationship between OAUTHC management and resident doctors.

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The association said it requested a stakeholders’ meeting involving the ministry, hospital management, ARD OAUTHC and NARD to address issues including salary arrears, accommodation disputes, restrictions affecting the association’s secretariat and other administrative concerns.

It said despite subsequent follow-up efforts, including another intervention in June, the issues were not treated with the urgency required.

NARD accused the hospital management of adopting a “combative” and “dismissive” approach that deepened mistrust and eventually led to the indefinite strike.

Welfare concerns

The association said the doctors’ grievances centred on several welfare and workplace issues, including the refusal to provide comprehensive meal coverage for doctors on call, the transfer of identity card costs to employees, unresolved accommodation challenges and the non-payment of some allowances.

Other concerns include the imposition of bench fees on resident doctors from accredited private teaching hospitals undertaking clinical rotations at OAUTHC, as well as what NARD described as a pattern of intimidation and victimisation of resident doctors.

The association also alleged that the hospital management’s response during the strike ultimatum did not accurately reflect discussions held with the doctors, leading members of ARD OAUTHC to reject the response and proceed with the industrial action.

Nationwide action

NARD said the dispute was discussed during its May Ordinary General Meeting in Kano, where delegates raised concerns over the welfare of resident doctors and gave its National Officers’ Committee 21 days to engage relevant stakeholders.

The association said it was unacceptable that the matter was allowed to degenerate into an indefinite strike despite the warning.

They warned that the dispute now threatens patient care, emergency services, residency training and the overall stability of the teaching hospital.

NARD called on the Federal Ministry of Health and Social Welfare to urgently convene a high-level meeting involving all parties to resolve the dispute.

It also urged the ministry to direct the hospital management to address outstanding welfare issues, stop any form of intimidation or victimisation of resident doctors, protect members participating in lawful union activities and establish a monitored framework for implementing any agreements reached.

The association warned that if the dispute remains unresolved within a reasonable time, it would be compelled to declare a nationwide solidarity strike in support of the OAUTHC resident doctors.

Ultimatum

The latest dispute comes as NARD is already locked in a broader industrial dispute with the federal government over unresolved welfare, remuneration and training-related issues affecting resident doctors across the country.

READ ALSO: NMA warns of wider health crisis as LASUTH doctors’ strike enters second day

Earlier this month, the association declared a nationwide industrial dispute and issued the federal government a 21-day ultimatum to address demands including the release of the 2026 Medical Residency Training Fund (MRTF), payment of outstanding salary and promotion arrears, correction of allowance discrepancies, improved welfare for house officers and stronger measures to protect doctors from assaults in hospitals.

The ultimatum, which is now approaching its expiration, followed resolutions reached at the association’s Ordinary General Meeting (OGM) in Kano, where delegates also raised concerns over unresolved welfare issues at several hospitals, including OAUTHC.

At the meeting, NARD specifically warned about the alleged intimidation of resident doctors at the Ile-Ife-based teaching hospital and gave its National Officers’ Committee 21 days to engage relevant stakeholders before considering further action.


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Eight people freed from bandits after gunfight in Plateau forest: Army

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Troops of Sector 9 under Operation ENDURING PEACE have rescued eight kidnapped victims from Pandam Forest in Qua’an Pan council area of Plateau state.

The operation was disclosed on Friday in a statement by the troops’ spokesperson, Chinonso Polycarp Oteh.

According to the statement, the troops were deployed to Namu on Wednesday to conduct an offensive.

“The operation was conducted at approximately 3:00 a.m., following credible intelligence regarding the presence of kidnappers in the forest,” he said.

According to him, the troops engaged the bandits in a firefight as the bandits attempted to flee.

“Utilising the ensuing chaos, three of the kidnap victims managed to escape earlier from the kidnappers’ custody.

“Subsequent exploitation and thorough combing of the forest by the troops led to the rescue of an additional five abducted victims, bringing the total number of rescued individuals to eight,” he said.  

Mr Oteh said the rescued hostages would soon be reunited with their families. He added that troops are pursuing the fleeing kidnappers to apprehend or kill them.

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