Imo State has joined Ekiti State by signing an Executive Order slashing the Right of Way rates from N4,500 to N145 per meter.
The Imo State Governor, Hope Uzodinma, TechEconomy.ng gathered, signed an Executive order which significantly reduces the Right of Way (ROW) of telecommunication companies in the State from N4500 to N145 per meter in tandem with Federal Government policy.
According to Governor Uzodinma, the reduction was a manifestation of the 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.
He noted in a statement on Wednesday that his government is hopeful that this drastic reduction from N4500 of the broadband ROW to N145 per linear meter of fibre will accelerate the deployment of affordable and reliable modern high-speed connectivity in the State.
The Executive order urged telecommunication companies to note that the State plays host to vibrant and youthful demography located in many tertiary institutions, who form the bulk of the end-users of their products.