AGP Executive Report
Last update: 33 minutes agoJudiciary Overhaul: Nigeria’s Senate moves to expand the Court of Appeal (70 to 110 justices) and the Federal High Court (70 to 90) to tackle court backlog, with bills getting unanimous support. Oil Sector Accountability: The Senate distances itself from claims by Oshiomhole calling NNPCL “a bunch of criminals and thieves,” insisting only the Senate President can authorise arrest warrants; ex-NNPCL boss Kyari also faults the arrest warrant. Policing Reform: Reps pass the State Police Bill, clearing the way for decentralised policing, though lawmakers complained the bill text arrived late. FX & Markets: The naira steadies as reserves climb above $50bn, while NGX records gains of about N99bn on renewed buying. Energy Costs: Cooking gas prices jump again (over 60% since May), deepening LPG scarcity and pushing households back to firewood. South Africa Repatriation: Over 260 Nigerians evacuated over xenophobic attacks arrive Lagos as governments coordinate voluntary returns. Digital Finance Push: MTN targets Nigeria’s credit gap with plans to expand digital lending, while HabariPay launches its 2025 impact report and Bumpa expands into Kenya. Trade & Investment: Tinubu reiterates federal-state collaboration to remove investment barriers as Nigeria eyes AfCFTA expansion and a $1bn financing window. Aviation Safety: NCAA suspends a US-registered jet after it landed on a road near Asaba and left without clearance. Security & Society: EFCC warns governorship aspirants spent up to ₦30bn on primaries, and UNICEF/EU partners press for more support for children and youth in northern Nigeria.
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