AGP Executive Report
Last update: 3 hours agoPower & Manufacturing: TCN and IBEDC are coordinating maintenance and outage response across Osun and Oyo as unreliable electricity continues to weigh on businesses. Listed industrial firms spent N820.7bn on fuel and power in the first nine months, while NESG says outages and rising costs are slowing manufacturing growth. Local Production: Promasidor’s Ikun Dairy Farm produces more than 6,000 litres of milk daily, supporting a push to reduce the roughly $1.5bn annual dairy import bill. Food Security: The Federal Government has secured $200m in World Bank support to expand fish production and tackle a 2.2-million-tonne annual supply gap. Transport & Trade: Tinubu plans to inaugurate the completed Jaji–Kano rail section on December 3, strengthening links along a major northern commercial corridor. Telecoms: MTN Nigeria’s third-quarter service revenue grew 19.7%, with data revenue up 31.4%; its airtime and data lending business remains under pressure.
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