AGP Executive Report
Last update: 3 minutes agoAviation & PPP: Nigeria’s Federal Government has formally handed over Akanu Ibiam International Airport, Enugu, to Aero Alliance Limited under a public-private partnership, with the concessionaire set to finance, rehabilitate, expand, operate and manage the airport—aiming to turn it into a regional aviation and logistics hub. Oil & Gas / LNG: NCDMB and NLNG reaffirmed their push for deeper in-country value addition as NLNG’s Train 7 expansion hits 90% completion, targeting a 2027 commissioning and a 35% capacity boost. Energy & Consumer Impact: Dangote Refinery cut its petrol gantry price again to ₦1,125 per litre, while households in Bauchi are shifting further to charcoal as cooking gas prices rise. Manufacturing & Agribusiness: Dangote Cement Ibese commissioned a cassava processing plant in Ogun to boost garri and fufu production, reduce post-harvest losses and support rural livelihoods. Finance: Jaiz Bank reported 2025 results with profit before tax up 28% to ₦31.24bn and assets crossing ₦1trn; Providus and Unity Bank moved into integration after final court sanction. Security & Governance: INEC warned against misinformation ahead of 2027 polls, and the PRP rejected state police plans after Senate passage, questioning Tinubu’s credibility to run the reform. Disaster: Lagos recorded eight deaths and 26 rescues after a three-storey shopping complex collapsed in Alakija.
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