The Federal Government is seeking about $1.2bn in private capital to support its planned 90,000-kilometre nationwide fibre network, with physical deployment expected to begin in October. Official records from the government and global financial institutions show that $800m of the estimated $2bn project cost has already been covered through sovereign financing commitments. The secured funding comprises a $500m World Bank facility approved in October 2025, a $100m loan from the European Bank for Reconstruction and Development approved in February 2026, and a $200m African Development Bank loan approved in April. The remaining...