AGP Executive Report
Last update: 10 hours agoPolice Accountability: SERAP asks President Tinubu to order a probe into alleged diversion/misuse of over ₦6.79bn in Nigeria Police Force and the Ministry of Police Affairs, citing Auditor-General findings and claims of missing firearms/ammunition. Power & Gas: Geometric Power’s Aba plant shut down after a gas supply disruption, plunging parts of Aba into darkness; meanwhile FG says no immediate electricity tariff hike and targets ending power subsidy payments by 2027. Housing Finance: Government validates Nigeria’s mortgage and housing regulation policies, including FMBN reforms, NHF expansion to informal workers, developer licensing, escrow protection and a housing data observatory. Real Estate Regulation: REDAN pushes for a Certificate of Professional Good Standing for developers to strengthen compliance, licensing and ethics. Energy Prices: Cooking gas prices are easing in many areas as supply improves, but gaps remain between northern/remote locations and Lagos/near depots; petrol also sees fresh cuts at MRS and AA Rano depots. Agribusiness Support: FG/IFAD backs 476 Taraba farmers with farm inputs to boost rice and cassava production. Digital & Finance: Court orders Stanbic IBTC to pay N15m over unlawful data retention and orders deletion of retained personal data. Markets: NGX closes the week slightly down, but July performance remains strong; MTN and other corporate updates continue to move sentiment. Industry Skills: Advertising agencies urge professionals to “evolve” amid AI, automation and changing consumer behaviour.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.