AGP Executive Report
Last update: 4 hours agoPublic Health: NAFDAC arrested two men and seized equipment at a Lagos facility allegedly used to repackage expired drinks, warning consumers of serious health risks. Oil and Gas: Nigeria produced 1.53 million barrels of crude daily in September, meeting its OPEC quota for a fifth straight month. A new security framework aims to curb oil theft and pipeline vandalism; Shell has also agreed to sell its domestic gas business to Nigerian firm Vaaris Energy. Poverty and the Economy: A UN report says 17.9 million more Nigerians fell into multidimensional poverty between 2021 and 2024, pushing the rate to 38.7%. The IMF raised its 2026 growth forecast to 4.2%, even as the World Bank says debt interest costs reached ₦7.7 trillion in the first half of the year. Security and US Relations: The US has listed Nigeria among countries facing possible military aid restrictions over allegations that armed groups recruit children. Separately, gunmen killed about 20 people in an attack on travellers in the northwest.
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