AGP Executive Report
Last update: 6 hours agoRide-hailing Shake-up: Uber shut down operations in Nigeria and Uganda with immediate effect, leaving riders and drivers scrambling and raising fresh questions about e-hailing economics and regulation. Power Sector Pressure: DisCos failed to convert N315.73bn energy received in June into cash, creating a N123.87bn revenue gap and weakening collection efficiency. Energy Policy Push: Nigeria and the IEA signed an energy policy and security pact as the country seeks to deepen investment and strengthen energy security. Oil & Refining Debate: CORAN urged government to cut petroleum product imports by urgently strengthening domestic refining, citing persistent supply and FX pressures. Maritime Security: The Nigerian Navy said crude oil theft is run by “very coordinated” syndicates with ships and logistics, not petty thieves. Local Content & Finance: Afreximbank’s Local Content Forum at Angola’s Oil & Gas event aims to mobilise capital for indigenous firms, with Nigeria cited as a case study. Agribusiness Skills: Leadway and Oriyon launched a livestock empowerment programme for women and youth, combining training with insurance risk cover. Education & Power: Nigeria’s education ministry says university campuses will move off the national grid via solar mini-grids to stabilise learning and research. Trade Snapshot: Nigeria exported 281 non-oil products to 120 countries in 2025, earning $6.1bn, as export launchpad efforts focus on standards, logistics and consistency.
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