AGP Executive Report
Last update: 19 minutes agoPolitics & Elections: ADC’s David Mark warns insecurity and hardship are worsening, while a faction names Chris Uba as its 2027 presidential candidate, setting up a fragmented opposition race. Opposition Strategy: Peter Obi emerges NDC presidential candidate, pledges to cut corruption and the cost of governance, and picks Rabiu Kwankwaso as VP “partner, not spare tyre.” Security & Rights: SERAP urges the UN to refer Nigeria to the Security Council over abductions and killings; HURIWA rejects Defence Minister Musa’s “65–70%” security score as an insult to victims. Energy & Cost of Living: Cooking gas prices rise as LPG hits over ₦2,000/kg after depot increases; AfDB says power outages cost Nigerian firms about 3% of annual sales. Banking & Payments: CBN relaxes PoS geo-fencing rules, expanding operating radius to 70 metres and extending compliance to Aug 1. Oil & Gas Finance: NNPC Ltd reports N481bn profit in April as revenue jumps to N4.97tn. Trade & Food Imports: CBN data shows Nigeria spent $2.34bn on food imports in 2025, down from $2.53bn in 2024. Anti-Drug Operations: NDLEA seizes ketamine and ecstasy hidden in water purifier machines from Europe and intercepts military-grade ammunition. Business & Youth: AfDB calls for Africa to unlock $4tn savings for development; BAHGIA summit targets youths and startups with grants and mentorship.
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