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The Minister of Information and Culture, Lai Mohammed, says over $1 billion would accrue to the government from the sale of the spectrum after the completion of the Digital Switch Over (DSO).
The minister stated this on Thursday in Abuja when he featured on the News Agency of Nigeria (NAN) flagship interview programme, NAN Forum.
NAN reports that the DSO is in the process of transiting from analogue to digital terrestrial broadcasting and the country has set April 29 for the resumption of the roll-out of the second phase in the remaining 31 states.
The first phase of the rollout had covered the Federal Capital Territory and the five states of Plateau, Kaduna, Kwara, Osun and Enugu.
Mr Mohammed said when the process is completed and there is Analogue Switch Off (ASO), the spectrum band to be vacated by broadcasters would be ceded to the telecom regulatory agency for sale and use in the mobile broadband industries.
“The good side is that when there is analogue switch off, we will be able to sell to telecommunication companies the spectrum band that all of them were occupying which is worth over one billion dollars,’’ he said
Mr Mohammed, who said the DSO would change the entire creative industry ecosystem, pledged that government would ensure its successful completion.
He reiterated that the DSO project is capable of creating one million jobs in three years and generate huge revenue for the country.
According to him, with the approval of N9.4 billion by the Federal Government and the setting up of a 14-member ministerial task force to drive the process, the remaining 31 states will be successfully covered.
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