AGP Executive Report

Last update: 12 hours ago

Pharma Localisation: Nigeria’s NAFDAC says its “5+5” policy and Ceiling List are shifting the market toward local drug production, with manufacturers rising from 174 to 190 and imports improving from 70:30 (2019) to 50:50 (2025), while contract manufacturing grows to 87 firms by 2026. Fuel Price Volatility: Nigeria’s NMDPRA links petrol price swings to crude sourcing, single-source domestic refining, logistics and transport costs, plus lags between crude procurement, refinery arrival and inland distribution. Regulator vs Ride-Hailing: Nigeria’s FCCPC has started probing Uber’s exit, focusing on unfulfilled customer services after Uber wound down operations in Nigeria and Uganda effective September 2. Cost of Living Politics: Atiku attacks Tinubu’s fuel subsidy removal and argues targeted support for domestic refining is needed to ease fuel, food and transport costs. Petrol Pricing Promises: SDP’s Adebayo vows to cap petrol, cooking gas and Jet A1 at N200 within 12 months, via refinery revival and a return to an original subsidy-style regime. Food Safety Push: Lagos’ consumer protection agency urges participation in the Sept 8 Lagos State Food Safety Conference, aiming for safer food practices across industry and regulators. Environmental Health Warning: Niger Delta activist Nnimmo Bassey warns after reported Okrika deaths from toxic fumes linked to illegal pipeline siphoning. Agriculture Watch: South Africa’s grain planting season is set to start amid good soil moisture, but the 2026-27 outlook may get tougher as El Niño risks intensify later in the season. Electric Mobility Trend: Rising fuel prices are helping drive an electric motorcycle boom in parts of Africa and Asia, as charging can be cheaper than refuelling. Oil Market Update: OPEC+ kept October output steady for key producers as Nigeria seeks higher crude production and stronger revenues. Uber’s Next Move: Uber is also tied to a Delivery Hero/Glovo deal, signaling a shift from ride-hailing to delivery in parts of Africa. Dangote Refinery IPO: Nigeria’s SEC approved Dangote refinery’s IPO, positioning it as Africa’s biggest share sale and a major test of investor appetite.

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.

AGP Wire

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Sep. 4, 2026

Customer success management market set to hit $14.98B by 2035

AGP


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Africa’s forests can generate $1.2 trn by 2050 – AFF

Africa’s forests can generate $1.2 trn by 2050 – AFF

Tanzania High Court Suspends Advocate for Citing AI-Hallucinated Cases, Issues Zero-Tolerance Warning

Tanzania High Court Suspends Advocate for Citing AI-Hallucinated Cases, Issues Zero-Tolerance Warning


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5 hours ago

XS.com Brings the Partnership Community Together at Morocco Seminar

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Sep. 4, 2026

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EIN Presswire

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