Financing Frameworks Governing the SPV-PPP Project Bridge on 90,000km Infrastructure in Nigeria: Bottlenecks and Prospects

Abstract

Project BRIDGE (Building Resilient Digital Infrastructure for Growth) is a landmark Special Purpose Vehicle (SPV) Public-Private Partnership (PPP) designed to construct a 90,000km open-access middle-mile fibre optic backbone across Nigeria. This massive rollout complements Nigeria's existing network to establish a 125,000km national grid. Managed under a $2 billion framework using blended financing from major international Development Finance Institutions (DFIs) and private capital, Project BRIDGE intends to break structural telecom monopolies, connect all 774 Local Government Areas (LGAs), and boost national broadband penetration.