AGP Executive Report
Last update: 10 hours agoEnergy & Industry Power: Nigeria’s electricity generation slid to 2,033.66MW as 16 power plants recorded zero output, deepening blackouts and pushing firms back to costly diesel. Manufacturing Costs: MAN says Nigerian manufacturers spent N1.35trn on alternative power in 2025, up 23%, warning self-generation is becoming unsustainable. Petrol Market Moves: Dangote Refinery stopped selling petrol to major marketers importing fuel, saying some blend its product with lower-quality imports; meanwhile petrol prices in Calabar and Port Harcourt dipped below Dangote’s ex-gantry rate amid stronger supply and competition. Trade & Logistics: Cotonou port expansion is boosting transit traffic across West Africa, with stakeholders watching how Nigeria, Burkina Faso and Chad-linked flows reshape regional trade. Food Security: Abubakar Kyari claims food prices have fallen by up to 50% since 2023, citing expanded input delivery and rural support. Skills & Tech: First Bank opened applications for its 2026 Technology Academy for graduates in engineering/IT/data and related fields. Education & Human Capital: NHEP2.0 says 70% of children under 10 can’t read simple sentences, raising alarm for workforce readiness. Aviation Tragedy: Nigeria declared three days of mourning after a military ATR-42 crash in Ondo killed 32, with an investigation ordered.
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