AGP Executive Report
Last update: 3 hours agoCost of Living: Organised Labour gave the Federal Government two weeks to bring petrol prices back to 2024 levels and resume minimum-wage talks. Petrol has reached ₦1,409 a litre at some Abuja stations despite a temporary NNPC discount. Economy: Finance Minister Taiwo Oyedele and CBN Governor Olayemi Cardoso met World Bank President Ajay Banga to discuss turning recent stability gains into investment, jobs and faster growth. The World Bank forecasts 4.3% growth in 2026, while a UN report puts multidimensional poverty at 38.7%. Security: A court heard allegations that Al-Qaeda supported Ansaru’s abduction of students and teachers in Oyo to demand the release of detained members. In Sokoto, troops killed a suspected militant after an attack in which a resident was killed. Infrastructure: Works Minister Dave Umahi said the Lagos-Calabar Coastal Highway will use parts of the existing East-West Road through Ondo and Edo, citing difficult terrain and cost concerns. The route change has drawn political challenges from Ondo representatives. Digital Nigeria: Internet use jumped by 94,383 terabytes in August, far outpacing subscriber growth and adding pressure to network capacity.
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