The China Industrial Bank (CIB) has made known its “support and commitment” to the Nigeria Universal Communication Access Project (NUCAP), to bring connectivity to more than “20 million” Nigerians in “unserved” communities through the strategic positioning of “3,700” telecommunication towers across Nigeria.
This was announced by Dr. Bosun Tijani, Nigeria’s Minister of Communications, Innovation and Digital Economy, on Tuesday 2 June, 2026.
The Minister said on X, NUCAP is a “wholly green network of modern telecommunications towers” that will bring connectivity to these unconnected communities that are mostly in rural areas in the country.
Bosun Tijani announced: “I was pleased to welcome the delegation from China Industrial Bank (CIB), led by Peng Shuang, General Manager, Strategic Emerging Industries Business Headquarters, to reaffirm their support and commitment to the
“Nigeria Universal Communication Access Project (NUCAP), a landmark initiative that will bring connectivity to over 20 million Nigerians in unserved communities through the deployment of 3,700 telecommunications towers across the country.”
He said, the Chinese Bank’s support for the project is its first investment in Nigeria, which shows heightening foreign confidence in the project’s “vision” to extend “meaningful” connectivity “for all”.
The Minister said: “NUCAP is a wholly green network of modern telecommunications towers that will extend connectivity to these previously unconnected communities, many of them in rural and riverine areas of Nigeria.
“CIB’s support for the project, which represents the Bank’s first investment in Nigeria, reflects growing international confidence in our vision of expanding meaningful connectivity for all and building the digital foundations required for inclusive economic growth.”
Tijani said, he is encouraged by the commitment from CIB to support the Project’s “ambition” providing a “minimum of 1,000” tower sites by the end of 2026, which will help bring connectivity nearer to Nigerians in their millions.
The Minister said: “I am particularly encouraged by the Bank’s commitment to supporting our ambition of delivering a minimum of 1,000 tower sites by the end of this year, helping to bring connectivity, opportunity, and economic inclusion closer to millions of Nigerians.”
Photo: Dr. Bosun Tijani receives China Investment Bank (CIB) delegation
