Imo state governor, Hope Uzodimma, has signed an executive order that will reduce Rights of Way (ROW) of telecommunication companies in Imo significantly from N4500 to N145 per meter.
This was announced by the governor via his official Twitter account in the late hours of Wednesday, 20th May, 2020. Governor Uzodimma said that this bill was signed to spur the telecommunication companies in the state on to further invest in broadband infrastructure and deploy affordable and reliable modern high speed connectivity in the State.
Read his statement below:
1/Today, 20th May 2020, I signed an Executive order No. 002, 2020, significantly reducing Right of Way (ROW) of telecommunication companies in the State from N4500 to N145 per meter in tandem with Federal Government policy.
2/The reduction was a manifestation of our Government’s determination to spur the telecommunication companies to further invest in broadband infrastructure and trigger ancillary on-line services, especially in the field of education.
3/The Government is hopeful that this drastic reduction from N4500 of the broadband ROW to N145 per liner meter of fibre will accelerate the deployment of affordable and reliable modern high speed connectivity in the State.
4/The Executive order urged telecommunication companies to note that the State plays host to a vibrant and youthful demography located in many tertiary institutions, who form the bulk of the end users of their products.