AGP Executive Report
Last update: 4 hours agoElectricity Revenue Watch: Nigeria’s DisCos still collected big money despite outages, with April revenue at N203.61bn and total Jan–Apr collections reaching N801.16bn, even as uncollected bills stayed high. Planned Power Disruption (Ondo): TCN’s Benin Region flagged a 10-hour outage on its Ondo 132/33kV substation (8am–6pm) for transformer and line-bay transfer works, with BEDC unable to supply Okitipupa and Ondo Town during the period. Cooking Gas Relief: LPG prices eased after improved supply and lower depot costs, with many cities now seeing roughly N1,100–N1,650 per kg depending on location. Customs & Trade Security: Customs leaders discussed how to better protect society from drug trafficking, stressing faster intelligence sharing and stronger cooperation with police and the judiciary. Benin Solar Investment: Toyota Tsusho won an EPC contract to install a 50MW/160MWh battery storage system for three Pobè solar plants, aiming to stabilize the grid and boost reliability. Cultural Heritage Returns: Switzerland agreed to return 18 Benin Kingdom artefacts (“Benin bronzes”) to Nigeria, marking another step in heritage recovery and anti-illicit trade efforts. Education Pressure (ASUU): ASUU Benin Zone issued an end-of-July ultimatum for Edo, Delta and Ondo to implement the 2025 FG/ASUU agreement or face an indefinite strike across seven state universities.
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