AGP Executive Report
Last update: 2 hours agoUS Tariff Shock: The Trump administration has rolled out sweeping forced-labour tariffs on 60 economies, with Nigeria hit at 12.5% on most exports—after Section 301 probes and consultations—raising fresh trade and FX pressure for exporters. Compliance & Fraud: Adhere and TechCabal’s “The Trust Frontier” report says Nigeria’s fraud losses fell to N25.85bn in 2025 from N52.26bn in 2024, but attacks are costlier and more targeted, with a major cybersecurity workforce gap. Aviation Connectivity: Etihad Airways says it will resume Nigeria flights in March 2027 (daily Lagos services) and partner Air Peace via codeshare, while Festus Keyamo pushes to fast-track Nigeria-Belgium air talks. Public Finance Clarity: Nigeria’s Budget Office says no kobo was spent on PEAC/PFIPC because legal spending conditions weren’t met—fueling the ongoing political row. Transport & Industry Moves: NADDC opens a dealership registration portal to formalise car dealers; Kojo Motors plans Toyota commercial leasing for transport owners. Education & Jobs: NELFUND starts paying June/July upkeep allowances; NDE rolls out Phase 3 for 26,961 beneficiaries; a ₦250m tech scholarship offers corps members N160,000 plus laptop add-ons. Energy & Growth: Experts call for a renewable energy industrialisation roadmap as Nigeria pushes distributed solar and CNG projects like Abia’s $13.1m CNG plan.
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
