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FG Urges Nigerians to Seek Indigenous Solutions for a Digital Economy

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Nigerians have been encouraged to sharpen their skills with relevant knowledge and be digitally creative in proffering indigenous solutions to the country’s challenges to improve their livelihoods and contribute their quota to Nigeria’s Digital Economy.

Prof Isa Ali Pantami, the Minister of Communications and  Digital Economy, represented by Babangida Abdullahi Gilo, Head, Corporate Liaison and Advocacy Unit, National Centre for Artificial Intelligence and Robotics, re-echoed this at the launch of Rated-Artisan Services Limited; a wholly-owned Nigerian software solutions provider.

While indicating that the initiative underpins the Federal Government’s target of achieving 95% digital literacy by 2030, he applauded the efforts of the Start-up Digital Company for the products which offer an ecosystem that brings ultimate convenience in service delivery with the proprietary intelligent enterprise as well as e-Commerce applications.

“Numerous activities being carried out in this company are no doubt gaining traction, and this contributes in shaping our thinking towards not only maximizing our socio-economic opportunities as a people but also creating a platform for advancing the tech-driven entrepreneurship towards national development.”

The Minister, who described the innovative solutions as timely, sued for more Nigerians to develop ‘crazy ideas’ that will fast track the achievement of a Digital Nigeria.

“Considering the increasing need for stakeholders within the ecosystem to discuss ways to better harness the vast opportunities offered by ICT, our current realities point to the fact that the future of the world economy is digital, and IT in particular has become one of the most talked-about areas by most of the people in our society today… IT is a wide-ranging tool that is already transforming every walk of life. We must therefore ensure that we get the most out of IT while still protecting important human values.”

Kashifu Inuwa, the Director-General,  National Information Technology Development Agency (NITDA),  also represented at the event by the Acting Coordinator of the Office for Nigerian Digital Innovation, Yakubu Musa, reaffirmed that the Agency remains committed to supporting the development of the indigenous solutions that will address the Nation’s prevailing challenges.

“It is often said that it is where there are challenges that you have opportunities, and it is where there are opportunities that wealth is created. Today we are here to celebrate Rated Artisan for identifying a challenge and exploring the opportunities presented by the challenge to create wealth for Nigerians.”

He expressed belief that it will create an enabling environment for growth, attraction, and protection of investments in startups.

“There is a need to have specific, measurable, achievable, realistic, time-bound and objectives and an implementation structure that will ensure the successful implementation of these programs and initiatives.”

Earlier, Dr. Inya-Agha Gabriel, the Managing Director, Rated Artisan Services limited,  while presenting the  Al-Driven Mobile Applications, said the innovative solutions including RatedArtisan, RatedAcademy-, Banga and Ecoforce are structured for businesses to meet the growing demands in today’s digitally advanced business environment.

Other speakers who added their voices in appreciating the creative work commended the Federal Government for the trajectory of the Information Communications Technology (ICT) sector.

They further expressed confidence in NITDA’s capability to effectively execute its role through regulatory standards, guidelines, and policies which they said would be pivotal in digitally moving the country forward.


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New Horizons Invests N50m to Empower Almajiris with Skills

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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.


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IMF Upgrades Nigeria’s 2026 Growth Projection to 4.4%

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

IMF Upgrades Nigeria’s 2026 Growth Projection to 4.4%

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.


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Nigeria’s Crude Output Falls to 1.486mbpd in November – OPEC

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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.

Nigeria’s Crude Output Falls to 1.486mbpd in November – OPEC

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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