“The ministry is issuing this invitation to ensure transparency, fairness, and accountability in the Project’s implementation and private sector engagement,” it stated.

The consultation document noted that private sector participants, including local and foreign investment firms, must meet some criteria.

According to the ministry, the first is the legal status of the firm. It must be a registered entity in its country of incorporation.

Industry experience is very important. The company must have a proven track record in broadband/telecommunications or large-scale infrastructure projects; the participating firm must demonstrate strong financial capacity to fund equity investments and be prepared to align with national goals. It must support Nigeria’s broadband and digital economy objectives; corporate governance is equally important, as the firm must comply with international best practices in governance.

The Ministry strongly encourages all interested private sector partners to complete the consultation form.

It informed that following this consultation, the information received will be reviewed and considered before finalising the Project structure.

It added that further stakeholder engagements may be conducted as the Project progresses.
“A competitive bidding process will commence eventually, beginning with the advertisement of a Request for Expression of Interest by Nigeria’s public procurement process. The Ministry looks forward to active participation and contributions from all stakeholders in shaping Nigeria’s digital future under Project Bridge.

“All information submitted through the consultation form will be treated as confidential and will be used solely to assess potential interest in Project Bridge, in line with applicable data protection laws,” the ministry stated.


https://guardian.ng/business-services/business/fg-taps-private-investors-for-90000km-fibre-project-lists-selection-criteria/