News
Nigeria Requires $3Bn to Rejig Broadband
Nigeria’s ambitious broadband plan would require an investment of as much as $3 billion by governments and private sector as well as strong political will to ensure every citizen has access to broadband, Nigeria CommunicationsWeek can report.
Broadband is the general term used to describe high-speed Internet service and it is becoming what electricity was to the industry and for economic development to take place.
Unfortunately, despite nearly $3 billion investment in submarine cables and broadband initiatives in the last five years, Nigeria’s broadband is still pedestal because of a catalogue of problems.
Some of the problems include; absence of broadband policy; dearth of principal requirements for providing reliable communication services; lack of effective distribution platform; unreliable electricity supply; and vandalization of equipment.
Lack of policy means there is no clear roadmap for spectrum planning, particularly with the harvesting of the digital dividend spectrum.
For instance, broadband-related initiatives such as the Wire Nigeria Project and the State Accelerated Broadband Initiative, being handled by the Government through the Nigerian Communications Commission ( NCC) have not been well-coordinated due to lack of a broadband policy to give a direction on their execution.
Akinwale Goodluck, Corporate Services Executive, MTN, said: “It is critical to develop a national broadband policy which articulates a roadmap and strategy for broadband penetration and service delivery.”
Nodding in agreement, Funke Opeke, CEO MainOne Cable Company, at ATCON’s Broadband Investment Summit called for a multifaceted national broadband policy in Nigeria because it is critical to development.
Nigeria CommunicationsWeek gathered that the absence of direction policy on broadband has resulted in organized chaos in the deployment of broadband with little to show for massive efforts.
Goodluck added that broadband penetration is meaningless without appropriate regulatory environment which enables delivery of converged serbics.
He said government needed to articulate policies and strategies for driving broadband usage through eGovernment, eCommerce and eEconomy services.
Elsewhere, Chima Onyekwere, chairman, Linkserve, blamed faulty spectrum design which gave choice spectrum for broadband services delivery to the military.
Also the absence of last mile infrastructure to take broadband services to homes and offices across the country has served to exacerbate the situation.
While there are avalanche of broadband brought in with the arrival of MainOne cable, Glo 1 cable and West African Cable System (WACS), transporting them to parts of the country has been difficult.
The equipment are also becoming relics and hardly reliable and where they are available, the owners charge premium for their usage.
Onyekwere said most of the base transceiver stations and backhaul infrastructure in use were deployed in 2001 and 2002 for voice services.
According to the Linkserve boss, the infrastructure must be upgraded to new technology that can deliver broadband.
Mohammed Rudman, managing director, Internet Exchange Point of Nigeria, said “without moving internet capacity from Lagos to other parts of the country, we may witness a lopsided broadband revolution, only in Lagos and its environs.”
Lanre Ajayi, President, Association of Telecommunications Companies of Nigeria (Atcon) stressed the need to stimulate demand for broadband through local content that addresses the need of the people of different endeavours
He noted that harsh operating environment faced by operators such as vandalization, multiple taxes among others discourages them from investing in broadband provisioning.
Nigeria CommunicationsWeek gathered that the country’s notoriously unreliable power supply has not helped matters as operators depend largely on alternative sources of power to provide services.
“It is only natural for the operators to pass the burden on the final consumers, there is no way, they will source money for everything and still provide services at cost every Nigerians are clamouring for, ” Peter Ibe, an ICT consultant enthused.
As if the problems are not enough, the growing targeted attacks on telecom equipment, infrastructure and telecom workers have led to service disruptions.
For the industry, the way forward is a comprehensive broadband policy that articulates investment, interconnection, transmission and rights of the citizens.
In the medium term, experts said that Nigeria would have to spend some $3 billion to overhaul the now derelict national infrastructure, rejig the various state sponsored broadband projects while the private sector will on their own continue to develop broadband facilities.
Onyekwere said that a robust broadband infrastructure is critical for Nigeria in the 21st century.
Goodluck also explained that the situation where operators build and manage power, diesel distribution and security networks in addition to core telecom networks, dissipates energy and resources. He noted that Nigeria’s widely acclaimed intellectual capacity is yet to be applied to content development. “Terabytes of data capacity is useless without content.”
Chima Onyekwere, chairman, Linkserve, blamed faulty spectrum desisign which has not given rise to optimization of broadband services for poor penetration.
He said that choice spectrum for broadband services delivery is being held by the military, he advocated for spectrum harmonization by the two regulatory bodies, Nigerian Communications Commission and National Broadcasting Commission.
Other barriers to broadband penetration he said include, lack of financial capacity for operators to invest in deploying cell sites and backhaul infrastructure for delivery of broadband services.
He also identified buying power of Nigerians as a major challenge, according to him, because of the harsh operating environment operators find it difficult to deliver broadband at small margin to cost bandwidth from international capacity operators, especially when such operator does not have an encouraging market share.
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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