News
#EndSARS: Fresh Protest Looms as CSOs Urge FG to Unfreeze Promoters’ Accounts

Controversies have trailed the ex parte order obtained by the Central Bank of Nigeria (CBN) to freeze the accounts of 20 individuals and an organisation linked to the #EndSARS campaign.

This is coming as Enough is Enough (EiE) Nigeria and Yiaga Africa, two civil society organizations, urged President Muhammadu Buhari to refrain from implementing a recent court order freezing the accounts of 20 #EndSARS promoters, including Oluwarinu Oduala, who is a member of the Lagos State Panel of Judicial Inquiry probing the alleged shooting of protesters at the Lekki toll gate.
Many Nigerians especially youths also taken to social media to condemn the move by the apex bank.
EiE Nigeria and Yiaga Africa also warned that implementing the court order would have grave implications towards building citizens’ confidence in the Judicial Panel and in its ability to ensure justice for victims of police brutality.
The CSOs raised the alarm in a joint statement signed by Yemi Adamolekun, EiE’s executive director, and Cynthia Mbamalu, Yiaga Africa’s director of Programmes, in Abuja on Sunday.
Recall that the Lagos Judicial Panel Inquiry was unable to receive submissions and petitions last Saturday due to the absence of Oluwarinu Oduala, and Temitope Majekodunmi, two youth members of the panel, in protest against the freezing of Oduala’s bank account till January 2021 by the Central Bank of Nigeria (CBN).
The statement reads, “We note with concern the recent attacks and clampdowns on some members of the Panels representing youths.
“This action has grave implications towards building citizens’ confidence in the Panels and in the ability of the Panels to ensure justice for victims of police brutality.
“In the interest of justice, we hereby call on the Government acting through the Central Bank of Nigeria to refrain from implementing this tactical intimidation of freezing the bank accounts of lawful citizens, who exercised their constitutionally guaranteed rights and some of whom are performing national duty in seeking justice for victims of police brutality.
“We recommend the immediate unfreezing of the accounts and a cessation of the attacks and harassment of youth representatives on the Panels to enable them carry out their assignments.”
The CSOs also raised concern over the perceived unwillingness of security agencies, especially the military to the grant members of the judicial panel access to certain place relevant to the inquiry.
They said, “We, however, call on the security agencies to work with the panels in providing requisite information requested for and to welcome this process as a critical reform process to improve the work of the security agencies.
“We also call on the Panels to ensure transparency, fairness and participation as they sit and to conduct their responsibility without fear of intimidation by security agencies.”
In addition, the CSOs lamented the short timelines issued by the judicial panels of inquiry in some states for the submission of petitions and memoranda.
“We, therefore, call on the panel to extend the deadlines for submission of memoranda in order to ensure all victims of police brutality submit their memoranda and petitions to the Panels,” the statement added.
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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