AGP Executive Report
Last update: 10 minutes agoOil & Gas Fiscal Pressure: IPPG says Nigeria’s oil industry is hit by over 270 taxes, fees and levies, urging harmonisation and review of the Petroleum Industry Act to protect project viability. Insurance & Local Content: Royal Exchange’s CEO argues Nigeria’s next local content phase must deepen local insurance capacity so indigenous firms can underwrite oil and gas risks. Aviation Reform: Aviation unions back commercialising or privatising NAMA to modernise air navigation and boost safety. Anti-graft in Focus: EFCC arraigns ex-PHRC MD Ahmed Dikko over alleged money laundering and plays a voice note allegedly linked to ex-aviation minister Hadi Sirika in a contract-fraud case; court also awards N10m damages against EFCC for defamation. CBN Currency Clarity: CBN warns Nigerians not to reject the standard ₦100 note, reiterating it remains legal tender. Customs Budget: Senate approves Nigeria Customs’ 2026 revenue target of N11.074trn and expenditure of N1.295trn. Market Pulse: NGX rally lifts investors’ wealth by about N1.865trn as banking, industrial goods, insurance and oil & gas lead gains. Energy & Security: NNPC signs six strategic gas agreements to drive industrialisation; Northern governors inaugurate a security trust fund board to coordinate regional responses to insecurity. Telecom Rules: MTN restores *303# airtime/data borrowing but cuts the limit to ₦5,000 and requires full repayment before new advances.
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.
Perspectify News
