AGP Executive Report
Last update: 3 hours agoPower & Gas: Blackouts are squeezing households and businesses, with the government blaming Egbin maintenance, gas shortages and damaged transmission lines; it expects supply to improve within 48–72 hours. Separately, private investment in CNG infrastructure has reached $2.6 billion, with 500 more facilities planned. Manufacturing: Champion Breweries will produce and distribute Bature Brewery’s craft beers nationwide, using its Uyo plant and national network; it may acquire the brands if sales targets are met. Agriculture: The World Bank has approved an extra $500 million to restore degraded land, improve water management and strengthen rural livelihoods in northern Nigeria. NADF and Sahel Capital are also teaming up to lower financing costs for agribusinesses. Digital Infrastructure: Nigeria’s data-centre market has attracted more than $1 billion in announced investments, with new demand expected from data-localisation rules for financial firms. Trade: A Nigeria–Rwanda air-cargo deal will cut rates for exporters serving five African destinations, aiming to improve market access.
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