AGP Executive Report
Last update: 11 hours agoCNG Transport Push: President Tinubu has ordered all 36 state governors to ensure commuters see measurable fare cuts from October 1, tying the plan to expanded CNG and electric transit and warning against any return to petrol subsidy. Petrol Pricing Clarification: NMDPRA says it does not set pump prices under the Petroleum Industry Act, stressing only exceptional market-failure cases allow intervention while it intensifies border surveillance to curb smuggling and unfair practices. Dangote Refinery Hype: Social media is buzzing after Nigerians who bought tiny stakes in Dangote’s refinery IPO joked about “board meetings,” while the firm also plans to subsidise part of transport costs to reduce regional petrol price gaps. Capital Markets: NGX shares rose again, with MTN and other blue chips driving gains as market capitalisation climbed to about N162tn. Human Rights Pressure: SERAP wants UN intervention over the reported deaths of 37 people in NSCDC custody and alleged shootings of protesters in Minna. Social Protection Demand: A civil society coalition is pushing for expanded pensions, healthcare and unemployment support for informal workers. Security & Governance: Catholic bishops renewed alarms on insecurity, poverty and infrastructure deficits, urging reforms that protect common good.
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