AGP Executive Report
Last update: 4 hours agoSecurity Outlook: The COAS, Lt.-Gen. Waidi Shaibu, flagged terrorism, insurgency, banditry, kidnapping and organised crime as Nigeria’s major threats while charging Special Forces troops to uphold human rights and the rule of law. Power Access: Minister Joseph Tegbe said Nigeria will now judge power success by communities and people electrified, not megawatts, as REA inaugurates its governing board. Economy & Jobs Pressure: The NLC renewed its push for a ₦500,000 minimum wage, arguing the ₦70,000 floor has been crushed by inflation and eroded purchasing power. Energy Leadership: President Tinubu welcomed Nigeria’s return to the World Energy Council and tasked the new WEC Nigeria leadership to shape global energy decisions from an African perspective. Diaspora Investment: Tinubu approved a high-level delegation led by Femi Gbajabiamila for the Nigeria Diaspora Investment Economic Conference in Toronto (Aug 12–15). SME Credit Gap: A report warned that despite billions flowing into Nigeria’s economy, small businesses still struggle to access credit due to deal structures that favour established players. Digital Finance: Quidax expanded stablecoin infrastructure to over 21 countries, pitching faster, cheaper cross-border value transfer for African businesses. International Ties (Culture): Nigeria and China signed a film content exchange deal between China Movie Channel and NTA to boost co-productions and training.
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