AGP Executive Report
Last update: 2 hours agoOPEC Output Boost: Nigeria’s upstream regulator says stable production and fewer pipeline outages helped the country exceed its OPEC crude quota in June, with total output hitting 1.735m bpd. Inflation Watch: Nigeria’s headline inflation eased to 15.91% in June, but food inflation climbed to 17.52%, keeping pressure on household budgets. Food Prices Hit Hard: NBS links the food jump to staples like tomatoes, pepper, crayfish, garri, yams and potatoes—so relief from easing headline numbers may be limited. Customs Revenue Shock: Nigeria’s Customs says import duty waivers/IDEC approvals reached about ₦34tn in 2025, with around 60% tied to military hardware—prompting Senate threats of sanctions for agencies missing hearings. Niger State Project Bids: Niger ACReSAL has opened bids to restore the Mokwa gully erosion site after the May 2025 floods, expanding the scope from 5.7km to about 17km. Energy Access Angle: A Sahel energy piece highlights Burkina Faso’s push to cut reliance on imported power and expand investment, with implications for regional industry growth. ECOWAS Mobility: The Gambia published its 2026 visa-free entry list for ECOWAS citizens, supporting regional movement that can help trade and services.
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.