News
Nicademia Takes Home N1m Grand Prize For 2017 USPF ‘Changemaker’ Challenge

By peter oluka
Team Nicademia, at the weekend, emerged winner of the 2017 Changemaker (software) Challenge, organised by the Universal Service Provision Fund (USPF), a department of the Nigerian Communications Commission (NCC).
Nicademia is an online distribution platform for African-inspired animations and cartoons that seek to promote African culture, traditions and values to the world.
The USPF Changemaker Challenge 2017 is a nationwide competition open to innovators, software developers, User Experience (UX) designers, students and other ICT enthusiasts from all over Nigeria.
The organisers said the aims and objectives of the Challenge were to empower the Nigerian youths by challenging their tenacity to create technology-driven solutions for the needs of their Communities and the nation at large.
During the National Finals of the competition, which ended on Saturday in Lagos, Prof. Umar Danbatta, the executive vice-chairman, NCC, said that the commission was committed to the development of Information and Communication Technology (ICT) in Nigeria.
Represented by Mr Kelechi Nwankwo, head of Strategy and Corporate Performance Monitoring, USPF, Danbatta said that the development of ICT was the principle behind the creation of the USPF.
He, however, assured that NCC would continue to use USPF as a platform in the promotion and application of innovation processes in ICT, to help empower the Nigerian youths.
According to him, one of the commission’s 8-point agenda is the promotion of ICT innovations and investment opportunities.
”We believe that there is no better way to propagate this than to proactively involve the new generation of tech-innovators and entrepreneurs.
‘’Given the right platform and support, they can analyse and address everyday problems and find solutions to them. The innovation is already in them.
”This is in sync with the Economic Recovery and Growth Plan (ERGP) policy objectives on telecommunications/ICT; to encourage rapid ICT penetration among all socioeconomic levels and increase broadband penetration.
”The ERGP policy is to promote and encourage local production of ICT hard and software, to reduce import dependence and generate foreign exchange by exporting to the regional and continental markets.
”Indeed, the ERGP acknowledges that ICT and digital technology have the potential to ramp up, transform labour productivity and create new economic sectors.
”It is our belief that the solutions and services that emerge from this changemaker challenge 2017 will demonstrate that fact,” he said.
According to Mr Ayuba Shuaibu, the secretary of USPF, 226 applications from the six geo-political zones of the country were received for the contest.
He said that innovation was at the centre of the current ICT and knowledge revolution and opportunities.
According to him, USPF organises the competition with the conviction that the critical mass of the emerging information society resides in innovation and software know-how.
”The USPF organised this special challenge to spur national technology innovation development and deliver appropriate solutions-dependable instrument, tools and meaningful responses to global challenges presented by Sustainable Development Goals (SDGs).
”The maiden edition took place in 2015 and we are pleased to let you know that the three winning solutions are still in the market and expanding,” he said.
Team Nicademia won the cash prize of N1 million with an acceptance into incubation programme superintended by NCC through the USPF.
Team Jiggle came second while Team Kano Magenta made third position.
Team Jiggle and Team Kano Magenta received N750, 000 and N500,000 and both will also undergo incubation programme.
News
New Horizons Invests N50m to Empower Almajiris with Skills

New Horizons Nigeria has launched a N50 million initiative aimed at transforming 21 Almajiri children into skilled computer technicians within 90 days, to tackle youth unemployment and harness human potential.

The Almajiri-to-Tech programme, officially launched in Abuja on Monday, provides participants with full training, meals, clothing, tools, and logistics support, all fully funded.
Speaking at the launch, the Chief Executive Officer of New Horizons, Tim Akano, said the programme represents a new journey in the history of Nigeria by restoring the original purpose of the Almajiri system, which he described as “children sent out to seek knowledge.”
“The word Almajiri comes from an Arabic term meaning emigrant and seeker of knowledge. Historically, children were sent to learn morals, responsibility, and skills to add value to society,” Akano said.
He added that the disruption of this system during colonial times forced many children onto the streets, a challenge that persists today.
Akano highlighted the urgency of addressing the Almajiri issue, noting that there are an estimated 15 million Almajiris in the country, with a population growth rate of around three per cent annually.
“If we do not solve this problem as a country, we are sitting on a time bomb,” he warned.
According to him, the programme focuses on hands-on technical skills rather than theory. Trainees will learn to repair mobile phones, laptops, televisions, radios, standing fans, and other electronic devices, as well as build inverter batteries using recycled electronic waste.
“We are not teaching theory. We are teaching practical skills you can use to earn a living,” Akano said, stressing that the programme will not interfere with the participants’ Quranic education.
“We are still going to allow you, within the period of learning. Your learning computer here is not stopping your Quranic education.
“You still have time within our space here. Whenever you want to go and pray, you can pray, then come back to class,” the CEO stressed.
He added that participants will also receive daily meals, water, T-shirts identifying them as technicians-in-training, and access to all necessary tools and equipment throughout the 90-day programme.
Akano said the initiative is part of a larger mission by New Horizons Nigeria, which has spent the past 21 years training about 100,000 Nigerians annually in IT and related skills.
He said the new programme aims to “take human genius off the streets and convert it into human capital, enabling these youths to contribute meaningfully to the economy.”
He added that equipping Almajiris with skills could add 15 million people to Nigeria’s workforce and potentially increase the country’s GDP by as much as $20 billion, stressing that productivity depends on practical skills and opportunity.
“Everything that can be taught can be learned. If someone can memorize the Quran cover to cover, there is nothing that cannot be done. What they lack is information, opportunity, and infrastructure, and we are providing all of that,” Akano said.
Akano also stressed that the initiative is designed to inspire other organizations and government agencies to replicate similar programmes across the country.
“This is not just about 21 children; it is about showing Nigeria what is possible when resources meet intention and planning.
“If we succeed in empowering these Almajiris, we demonstrate that the country can turn social challenges into economic opportunities. It’s a blueprint for Nigeria’s future,” he said, noting that the initiative combines social reform, technical education, and economic empowerment.
Also speaking, one of the trainees, Fatima Umar, appreciated the organisers and promised to maximise the opportunity.
“We’ll make you proud of us. We have nothing to say here but to thank and appreciate you. May Almighty Allah continue to guide and protect you,” Umar said.
News
IMF Upgrades Nigeria’s 2026 Growth Projection to 4.4%

International Monetary Fund has upgraded Nigeria’s 2026 economic growth projection to 4.4 per cent, reflecting improved macroeconomic stability and sustained reforms.

IMF
The January 2026 World Economic Outlook Update forecasts Nigeria’s growth trajectory at 4.1 per cent in 2024, 4.2 per cent in 2025, and 4.4 per cent in 2026—a 0.2 percentage point increase from the October 2025 estimate.
This aligns with sub-Saharan Africa’s projected 4.6 per cent expansion in 2026 and 2027, driven by regional stabilisation efforts.
Globally, the IMF anticipates 3.3 per cent growth amid resilient conditions tempered by trade policy shifts and technology investments. For Nigeria, declining energy prices—expected to fall seven per cent due to weak demand—pose risks, though OPEC+ coordination and China’s stockpiling provide support.
Despite the optimism, downside risks persist from Middle East and Ukraine tensions, protectionism, high debt, and fiscal deficits. The Fund recommends rebuilding fiscal buffers, ensuring central bank independence, and limiting temporary fiscal measures to maintain stability.
Nigeria’s success hinges on consistent reforms and resilience against domestic and global shocks, the IMF concluded.
News
Nigeria’s Crude Output Falls to 1.486mbpd in November – OPEC

Organisation of Petroleum Exporting Countries (OPEC) reports that Nigeria’s crude oil production, excluding condensate, dropped by 0.7 per cent to 1.486 million barrels per day (mbpd) in November 2025 from 1.496 mbpd in October.

OPEC
The figure, drawn from secondary sources in OPEC’s December 2025 Monthly Oil Market Report, fell short of Nigeria’s 1.5 mbpd quota. Direct communication data showed output at 1.436 mbpd, up from October’s 1.401 mbpd, but still below target.
Nigeria produces around 196,028 bpd of condensate, excluded from quota calculations per Nigerian Upstream Petroleum Regulatory Commission figures. Year-on-year, November’s output marked a slight gain over 1.417 mbpd in November 2024.
Expert Cites Insecurity, Governance Gaps
Petroleum economics expert Wumi Iledare described the quota miss as unsurprising, blaming persistent insecurity, an ageing oil basin lacking new finds, and unoffered hydrocarbon blocks. Governance shortcomings and policy uncertainty further erode investor confidence, he noted.
Selective implementation of the Petroleum Industry Act worsens the situation, with Nigeria needing a single authoritative leader for the sector rather than multiple proxies, Mr Iledare stressed. The country has struggled to consistently hit OPEC targets for years.
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