AGP Executive Report
Last update: 4 hours agoEnergy: OCTAGRAM Fusion and Ondo’s investment agency plan a 9 MMSCFD CNG station at Ore Industrial Park. The REA chief warns a proposed renewable-energy authority could fragment regulation and deter investment, as Nigeria’s power generation has plunged to 477MW. Fuel Market: Motorists are choosing cheaper petrol over brand loyalty, while marketers say price competition and volatile costs are squeezing margins. Economic Outlook: Inflation is forecast to average 15.6% in 2026, but high energy and fertiliser costs could slow relief. Industry Finance: Bank lending to manufacturers fell 26.8% to ₦5.19tn in June; a new 10-year capital-market plan aims to channel more investment into businesses and infrastructure. Agriculture: Government is developing a climate-finance framework for smallholder farmers, while sector stakeholders push soil-specific fertiliser recommendations to improve yields. Telecoms: The NCC warns non-compliant mobile devices could lose network access, tightening requirements for manufacturers, importers and sellers.
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