AGP Executive Report
Last update: 2 hours agoEnergy and Transport: The federal government commissioned three CNG facilities in Kano, aiming to widen access to cheaper vehicle fuel and reduce transport costs. Public Revenue: The EFCC handed RMAFC $3 million and ₦1.3 billion recovered from Aiteo and Newcross over unremitted statutory payments dating from 2010 to 2019. Oil Sector Oversight: Former NNPC chief Mele Kyari told a Senate panel that ₦210 trillion in questioned accounts represented accounting entries, not missing funds; lawmakers are examining the company’s financial records. Fiscal Data: The CBN is digitalising fiscal reporting across states, the FCT and local governments to improve the data used for economic decisions. Capital Markets: The NGX rebounded, adding ₦2.32 trillion as investors bought heavyweight shares, led by Dangote Cement. The company has shelved its planned London listing, keeping its primary listing in Nigeria. Investment: The government says foreign investor groups have committed $21 billion to Nigeria’s oil and gas sector.
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