AGP Executive Report
Last update: 3 hours agoOil & Gas: Foreign groups have pledged $21bn for Nigeria’s oil and gas sector, including proposed $15bn and $6bn investments. Dangote Refinery exported 208,000 tonnes of petrol in eight days and plans expansion to 1.4 million barrels a day, with more than 90,000 jobs projected. Power & Manufacturing: The government plans dedicated transmission links to industrial hubs, including Alaoji–Agbara, as manufacturers face soaring energy bills. A proposed $750m UK-Nigeria infrastructure fund has drawn interest from 19 Nigerian pension funds. Agribusiness: Olam Agri has begun work on a $70m integrated feed mill in Delta, while $200m in World Bank support will back local fish production. A new four-year programme also aims to train more than 200,000 smallholder vegetable farmers, including in Nigeria. Industrial Investment: Türkiye plans defence production facilities and military training centres in Nigeria as both countries target $5bn in annual trade.
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