News
Beta Computers Host NPC Census 2023 Task Force in Lagos

In compliance with the President’s Executive Order on local content adoption in all Federal government’s projects, a high powered delegation from the National Population Commission, NPC, at the weekend visited BETA Computers factory in Surulere, Lagos.

The task force on the 2023 census included three Federal Commissioners, the Director General, four directors, two other managers and led by Hon Federal Commissioner, Dr Clifford Zirra.
The visit to the BETA’s factory in Lagos was coming on the heels of the NPC’s commitment to fully comply with the President’s Executive Order on local content adoption in all Federal government’s projects.
After the welcome address by BETA Computers Managing Director, Will Anyaegbunam, the company’s board Chair, Mr Isaac Orolugbabe in his speech while commending NPC team for the visit, stressed the need for the commission to promote the development and growth of all the certified indigenous computer manufacturers so as to avoid a monopoly.
He added that “ while government monopoly is bad, private monopoly is worse as competition will lead to more benefits and reduced cost to consumers”.
In his response, the leader of the NPC team, Dr Zirra stated that the need to visit BETA’s factory which is one of the three indigenous computers manufacturing companies certified by the government for her local content development programmes, is to see for themselves local PCs assembler’s facilities to ensure that they are partnering with the right company that has the capacity to deliver on their orders timely.
He confirmed to the board and management of BETA, in the presence of pressmen and stakeholders that were on hand to cover the auspicious visit that “the Commission is on the verge of making history with the conducting of the very first digital census in Nigeria and possibly on the African continent by April 2023”.
He revealed to the delight of all that they have conducted several successful pre counts and now gearing up to deliver same success during the main 2023 census based on digital technologies using international standard mobile devices.
The NPC team was taken on a tour of the factory by BETA’s team led by the MD, Will Anyaegunam who explained in details the operations with great emphasis on the high quality of the company’s SPEEDSTAR brand of computer devices.
He stated that SPEEDSTAR was acclaimed by the regulatory bodies as the best quality device of all the indigenous brands in several government projects, including the 2018 N-Power project that was funded by the Bank of Industry and managed by the Office of the Vice President.
During the factory tour, the NPC team extensively engaged the BETA team on production and funding capacity.
Anyaegunam while responding reminded them that two commercial banks had earlier written to them on their behalf that they are ready to fund NPC orders for the 2023 census exercise.
On production capacity, the MD confirmed that between BETA’s factory in Lagos and her associated partners’ factories in Nigeria, has the capacity for over 150,000 devices within 12 weeks of NPC orders.
On after sales support questions, the BETA’s MD confirmed that the company has partners in all the major cities around the nation that provides support service for her devices.
He stressed that the company and her partners hold buffer stocks of devices for replacement of any faulty devices to ensure minimal operational down time on any faulty device.
After the extensive factory tour, the DG, Mr, Tellson Osifo while addressing the team gathering noted that they were impressed with what they have seen and heard.
He added that ”they can see that there is indeed local content taking place here” He assured that they were not only favourably disposed to partnering with BETA on just the 2023 census as a one off thing, but also on their continuous enumeration program that will be on-going thereafter.
He stressed NPC’s commitment to the development of local content in IT to provide gainful employment for Nigeria’s teaming youths.
Hon Darlington Okereke, a federal commissioner in the NPC team stated in his speech that the commission was committed to delivering a controversy free census with no room for mistakes which is why they opted for a digital census and to use technology.
He added that “. we are happy to get these devices in Nigeria. If we get them in Nigeria, why go outside? That will amount to capital flight. We need this money in Nigeria rather than flying it outside this country!”
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.
E-Financial3 days agoHere Are Nigerian Banks That Have Secured Their Licences
E-Financial3 days agoZenith Bank Top Nigerian Bank Pick Ahead of GTCO, AccessCorp
Telecom3 days agoMTN CEO Toriola Hails Nigeria’s Telecom Transformation at MIPAD
News3 days agoICPC Charges Ozekhome with Forgery, Corruption Over London Property
E-Financial3 days agoNigeria Processed $92.1Bn Crypto Transactions in 12 Months — PwC
E-Financial3 days agoHow Crypto Criminals Stole $700m from People – often Using Age-Old Tricks
General News2 days agoCybersecurity Firm Detects a Wave of Crypto Phishing Following BlockFi Bankruptcy
Telecom3 days agoLebara Launches Agent Registration Portal



















