AGP Executive Report
Last update: 12 hours agoEnergy & Refining: Dangote’s 650,000bpd refinery says it has a jet-fuel surplus and is positioned to export globally, while planning a major expansion to more than double capacity by end-2028. Solid Minerals Enforcement: FG commissioned eight operational gun trucks for NSCDC Mining Marshals to intensify the crackdown on illegal mining, citing 300+ arrests and 150+ prosecutions since launch. Power Infrastructure: TCN confirms vandalism-led collapse of six 330kV transmission towers on the Apir–Lafia corridor, taking both lines out of service and disrupting supply. Oil & Environment: Rivers’ Aggah community appeals an Italian court dismissal over flooding claims tied to oil infrastructure operations by Eni/Oando. Agriculture & Food Security: COCEFAAA warns cocoa farmers face persistent price volatility that undermines livelihoods and investment across the value chain. Policy & Regulation: NUPRC says the 2026 oil licensing round will start in Q3 after Tinubu’s approval. Trade & Compliance: US proposes 12.5% tariffs on imports from countries failing to enforce forced-labour bans, including Nigeria. Capital Markets: Nigeria’s capital importation jumps to $10.37bn in Q1 2026, driven mainly by portfolio inflows. Shipping & Logistics: Lagos ports expect 34 vessels between June 4–6, including petroleum products and food cargoes.
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