AGP Executive Report
Last update: 10 hours agoRoad Infrastructure Funding: President Tinubu has approved the immediate release of ₦111bn for Section One of the Akwanga–Jos Road (about 125km), with Works Minister Dave Umahi also flagging immediate design work for the Gombe–Bauchi Road. Agribusiness & Food Systems: The NADF and Agric Fund continue fertiliser distribution to North-West farmers (100,800 bags reported), while a separate report highlights how solar-powered cold storage is helping African farmers cut post-harvest losses. Energy & Industrial Policy: FG says reforms have positioned gas as the foundation for Nigeria’s industrialisation, with metering and tariff progress cited; meanwhile, ALTON backs CBN’s payment data localisation directive for banks and fintechs. Finance & Markets: Nigerian equities slid again as investors liquidate ahead of the Dangote Refinery IPO, with the All-Share Index down 3.6% in the latest session. Education & Skills: NUC approved six new UNIBEN programmes for 2026/2027, expanding health and science-focused training. Manufacturing Value Addition: FG plans to stop exporting raw cocoa beans and push local processing via a cocoa value chain summit in July 2026. Security Impact on Business: Reports show rising insecurity in the South-West and continued military action against bandits and illegal mining, underscoring risks to trade and investment.
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