AGP Executive Report
Last update: 4 hours agoEnergy Investment: Aliko Dangote raised his Africa investment target to $60bn by 2030 as construction began on a $2.5bn Namibia fuel hub, with 600 million litres of storage and a proposed regional pipeline. Trade and Exports: Nigeria’s non-oil exports have climbed more than 25% in two years, while the National Single Window has processed 169,211 trade documents since March, streamlining import procedures. Manufacturing: Manufacturers warn that high energy and logistics costs are undermining competitiveness; the sector spent more than ₦1.34tn on alternative power in 2025. Oil and Gas: NNPC says output has risen to 1.8 million barrels per day, with a 2m-bpd target for 2027. Agriculture: A bill to modernise the sector and promote food security has passed second reading, while Kwara is seeking private investment in livestock and dairy production. Business Finance: The Bank of Industry and IFC signed a $50m deal to expand financing for Nigerian small businesses.
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