News
IWD: AGRA Opens Applications for 2024 Edition of the WAYA Awards, Dangles $300,000 Grants for Winners

In a recent event held to commemorate the International Women’s Day celebrations at the Chida Events Center in Abuja Nigeria, AGRA officially launched the call for applications for the 2024 Women Agripreneurs of the Year Awards (WAYA).

WAYA is a prestigious award scheme that recognizes female agripreneurs demonstrating remarkable Innovation and business excellence in agricultural value chains. The awards not only celebrate their remarkable achievements but also rewards them with grants of up to $300,000.
The event held in honor of trailblazing women who are at the forefront of inclusive agricultural transformation, across the country and continent, brought together women in agribusiness and influential leaders at various policy levels to amplify messaging on the urgency of investing in women to accelerate progress in the agri-food sector.
Since 2021, the awards have been distributed across 3 categories; Young Female Agripreneur (for those under the age of 35 years and have demonstrated innovation and leadership in business), Female Agriculture Tech Innovator (those championing technological advancement in agribusiness) and, Outstanding Value Adding Enterprise (for female-owned agribusinesses that are increasing the economic value and/or consumer appeal to agricultural products), with the coveted Grand Prize Winner being the overall winner of the competition.
However, beginning 2024, AGRA has introduced regional winners in the Young Female Agripreneurs category, and also added two exciting new categories: Women Empowerment Champion (recognizing female agripreneurs who exhibit a deliberate commitment to creating opportunities for other women to grow their own agribusinesses) and a Resilient & Inspirational Leader (recognizing female agripreneurs from marginalized communities or vulnerable and hard-to-reach areas who, despite facing significant challenges demonstrate unwavering determination, strength, and perseverance to excel in agribusiness). Applications will close on 31 May 2024, with the winning agripreneurs being unveiled during the Africa Food Systems Forum (formerly AGRF) to be held in Kigali Rwanda from 2nd to 6th September 2024.
To be eligible, businesses must operate within an agricultural or agribusiness value chain, be legally registered in an African Union country, and be at least 51% owned and managed by women who are citizens of one of the 55 African countries.
Speaking at the event, AGRA’s Lead for Gender Integration and Acting Director for the Youth, Gender, and Inclusiveness Division, Ms. Winnie Osulah said, “We received over 1,500 applications from women across 38 African countries in 2023. As we open the awards again this year, we expect to receive at least 500 applications in each category and continue our efforts to honor the unrelentless efforts, creative ideas, and outstanding leadership by women in the agri-food sector”.
WAYA is an initiative of AGRA’s VALUE4HER, a continental program that is aimed at strengthening women’s agribusiness enterprises and enhancing their voice and advocacy across Africa.
The AGRA Gender Consortium in Nigeria, consisting of AGRA, Synergos, UN Women, and the Legal Awareness for Nigeria Women (LANW) also leveraged the Abuja IWD event to promote knowledge sharing and collaboration. They recognized the significance of the occasion in bringing together stakeholders from diverse sectors, including government, civil society, and the private sector, to address gender equality and women’s economic empowerment issues. The consortium has been supporting the Governments of Kaduna and Niger States to domesticate the National Gender Policy in Agriculture.
During the event, participants engaged in interactive workshops, panel discussions, and networking sessions, facilitating meaningful exchanges of experiences, ideas, and best practices. They highlighted the importance of creating an enabling environment for women to fully participate in economic, social, and political spheres and emphasized the need for evidence-based interventions to address gender disparities.
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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