AGP Executive Report
Last update: 10 hours agoPower Sector Reform: TCN granted Mainstream Energy Solutions access to start construction of 2×330kV bays at Kainji, targeting an extra 220MW evacuation once new turbines come online. Cabinet & Policy: President Tinubu swore in Joseph Tegbe as Minister of Power, promising gradual but visible electricity improvements, while NCC appointed Princess Emiko as interim chair of the Digital Bridge Institute. Energy Trade & Costs: Nigeria’s petrol import bill crashed to N87.40bn in Q1 2026 (down 96% y/y), driven by heavier reliance on locally refined products, especially Dangote. Digital Economy: MTN launched One TV, a pay-as-you-go streaming service where users can pay with airtime or mobile money, and telcos rejected NBS’s telecom foreign-capital figures. Trade & Investment: Nigeria’s trade surplus jumped to N7.55tn in Q1 2026 as imports fell; Afreximbank said it has committed $83bn to Nigeria, with Lagos set to host the next Intra-African Trade Fair. Agribusiness Risks: Plateau farmers face fake fertiliser threats, while Nasarawa plans mini dams to boost year-round farming.
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.
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