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Shittu, Danbatta Lead Other Speakers to NITEC’16

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Mr. Adebayo Shittu, minister of Communications
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Neo Media & Marketing, has tapped Barrister Adebayo Shittu, Mmnister of Communications; Professor Umar Danbatta, executive vice chairman of the Nigerian Communications Commission (NCC); and Dr. Vincent Olatunji, acting director-general, National Information Technology Development Agency (NITDA), to lead industry stakeholders to Nigeria Int’l Technology Exhibition & Conference (NITEC 2016) coming up in  Lagos from June 23rd-24.

Interestingly, experienced speakers from diverse professions related to technology: experts, strategists, innovators, investors and media will be gracing the occasion, which will essentially benefit service providers.

Why? Like giant killers, today’s world of technology is about disruptions and it has now come to the point where disruptors are now getting disrupted. How do you disrupt or get disrupted? How can African start-ups disrupt telecoms for better? I think NITEC will provide the answer.

A Message to Telcos, ISPs, And Service Vendors
Yea, NITEC 2016 could be likened to Nigeria version of tech Olympics which is positioned to rally most innovative startups together with the major players in digital transformation.

Now, it’s time for the cognoscente, intelligentsia, academics, highbrows, and scholars and seasoned entrepreneurs occupying privileged positions in corporate enclaves to seek alternatives to Nigeria’s technology guzzling and talking irrelevancies, by leaning, piously, on startups with knacks for disruptive technologies.

For instance, Over-The-Top (OTT) services proliferation is already disrupting telecoms market mainly at the expense of Voice and SMS services.

By implication, the Network Service Providers (NSPs) are reaching the tail end of an era of unprecedented profits driven by mobile voice and messaging revenues.

The calculated undercurrents in the market depict a paradigm shift where communications are increasingly data centric – VOIP, M2M messaging, social messaging, file sharing etc.

Ovum just updated its view for the outbound Mobile Roaming market, which is expected to grow at a Compound Annual Growth Rate (CAGR) of 1.3% in revenue terms between 2015 and 2020.

But, the anticipated growth will be fuelled by “Data” roaming growth (CAGR 14.8%), not Voice or SMS.

Ovum roaming forecast methodology was revamped due to the fast-changing nature of roaming markets across the globe, to capture new consumer pricing trends, as markets transition away from per-unit pricing to more consumer-friendly tariffs (i.e. roaming bundles). Did you copy that?

Perhaps, many view it as a power struggle between telecom companies, carriers, and service providers on one side and OTT vendors such as Apple, Microsoft, Google, Skype, WhatsApp, on the other side for control of these new forms of communication. It will pay companies that refuse to evaluate the trend from such angle, rather rationalize the question– do we keep watching OTT vendors take over the market? Should we be content with providing access services, and continue seeing a downtrend in APRUs; or do we proactively leverage their strategic strength and claim their stake in the OTT market? I have a strong feeling that after disrupting network service providers, startups will up the game in data centres.

Therefore, NITEC 2016 was conceived after looking through the prisms of the market and the emerging trends; and positioned to bridge the gap between the private and public sectors and the international technology community in re-engineering the African technological ecosystem for greater impact on the continent’s GDP.

As NITEC 2016 will be taking place at Civic Centres in Lagos on from June 23rd-24th, every stakeholder should back Barrister Shittu, Professor Danbatta and Dr. Olatunji to further deepen the conversation and help new innovations grow have become imperative.

It is wise enough to thrown our weight behind these men who have demonstrated willingness to redefine the Nigeria’s information and communication technology industry teetotalism for good.

Through NITEC 2016, our startups can be assured and reassured of purpose-built environment, serving as a real-time platform for collaboration and a high-level stage for discussions around the impact technology has on both multinationals, medium and small businesses and the society at large.

It behooves on the telecos, ISPs, and other service vendors, to cease the show and get the best from disruptive tech startup, because gainful technological disruption occurs when entrepreneurs, corporate executives, venture capitalists and other investors point at same direction.

 
 


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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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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