AGP Executive Report
Last update: 7 hours agoDangote Refinery vs FG Subsidy Debate: Atiku says the Presidency is distorting Dangote’s concerns to discredit his production-subsidy plan, arguing his model supports local refining while government import-price controls force private refineries to absorb losses. Housing & Construction Costs: Cement now hits about N13,000 per bag; Wammakko urges tax cuts, subsidies and faster implementation of the RECON Bill to lower building-material costs and ease Nigeria’s housing deficit. Aviation Entitlements: FG begins payment of N18bn severance to 2,700 former Nigeria Airways workers, with batches already paid and remaining beneficiaries cleared. Capital Markets Watch: Rewane backs Dangote Refinery IPO as long-term investment for Nigerians, not selling PVCs for quick cash, as the offer targets millions of retail investors. BRICS in India: Putin arrives in New Delhi ahead of BRICS talks expected to push energy, trade and local-currency settlement; Iran also urges wider use of national currencies. Trade & Logistics: Presidency says port modernisation must cut cargo costs and turnaround time, while NGX rebounds with ASI up 0.28% and market cap rising N437bn. South Africa Boycott: Nigeria’s National Assembly suspends official visits and legislative engagements over xenophobic attacks on Nigerians. Digital Education: NCC launches zero-rated access giving eligible users up to 100MB daily for approved educational platforms. Crime & Justice: EFCC and FBI move to probe alleged diversion/mismanagement of USAID funds in Nigeria.
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.