AGP Executive Report
Last update: 10 hours agoMaritime & Ports: FG renewed its push to actualise the Agge Deep Sea Port in Bayelsa, saying it will boost trade, create jobs and attract investment into the Niger Delta and Nigeria’s blue economy. Energy & Power Regulation: NERC ordered Discos to compensate Band ‘A’ customers for February–March service shortfalls linked to gas supply constraints and vandalism, while regulators also warned a 2026 Electricity Act amendment could disrupt power sector decentralisation and undo billions in investment. Oil & Refining: Dangote Refinery hit 700,000 bpd in a performance ramp-up, positioning it to cut import dependence and strengthen Africa’s refining outlook. Digital Finance & Telecom: Nigeria’s banks are fighting back in digital payments as fintechs face tougher rules; meanwhile foreign capital into telecoms fell to a four-year low, despite tariff adjustments. Cyber & Digital Trust: Government plans a national cybersecurity coordination council as NDPC flags intensifying DDoS attacks. Agribusiness & Food Security: ECOWAS and partners launched a drive to mobilise investment for rice self-sufficiency by 2035. Industry & Business Climate: NESG said business confidence rose in May, with manufacturing and services improving, even as agriculture and some trade indicators stayed fragile. Shipping & Logistics: SAFEEN Drydocks secured major vessel construction contracts worth $354m, including Nigeria’s Oilbank Logistics support units. Public Health & Consumer Safety: CAPPA raised alarm over rising nicotine products targeting youth, urging urgent regulatory action.
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.