AGP Executive Report
Last update: 9 hours agoOil & Gas Leadership: Shell Nigeria names Elohor Aiboni as Executive Vice President and Country Chair Nigeria, succeeding Marno de Jong as he exits after a 34-year career. Anti-Corruption & Justice: UK court acquits former Nigerian petroleum minister Diezani Alison-Madueke of all bribery charges, ending a long-running UK probe. Regulation & Revenue: NUPRC and Nigeria Revenue Service deepen collaboration to improve transparency and accountability in oil and gas revenue collection, with NUPRC flagging infrastructure limits and asset integrity as key constraints. Digital Broadcasting: FG launches Digital Switch Over (DSO) platform after lapsed deadlines, targeting broader audience reach, local manufacturing and new revenue for broadcasters and content creators. Energy Markets: Oil prices fall after US-Iran interim steps to reopen the Strait of Hormuz, raising hopes of easing pump prices in Nigeria. Security & Logistics: Kaduna security forces and CJTF nab suspected arms suppliers with large ammunition caches, while Kano police report arrest of 1,357 suspects in an intensified crackdown. Maritime/Blue Economy: Tinubu unveils a blue economy push targeting 5 million ocean-based jobs by 2035, linking fisheries, shipping, maritime tourism and renewable energy. Human Capacity for Oil & Gas: NCDMB, SNEPCo and LADOL kick off a 12-month human capacity programme for supply base services, alongside OGTAN’s plans for an oil & gas trainers’ fair. Trade & Finance: Standard Bank targets a R250bn Africa business revenue pool, aiming to expand financing for SMEs and mid-tier firms across markets including Nigeria.
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