AGP Executive Report
Last update: 12 hours agoAirport Modernisation Woes: NAMA’s Category 3 ILS (N7.58bn) at Abuja and Lagos has been abandoned and left to rot since 2019, forcing both airports to rely on older Category 2 systems—raising concerns for travellers during harmattan haze. Aviation Costs & Passenger Impact: Air Peace chairman Allen Onyema says no Nigerian airline made even $1m profit, blaming crushing costs from taxes, fuel and airport charges—while NCAA/NAICOM moves to strengthen aviation insurance oversight and passenger protection. Ride-Hailing Shake-up: Uber exits Nigeria after 12 years, citing tough economics for drivers and fares, adding to the growing pressure on ground transport options for travellers. Tourism Industry Tension Eases: NIHOTOUR and FTAN have agreed to collaborate and resolve pending litigation under the NIHOTOUR Act 2022 through dialogue. Diaspora Travel & Home Plans: FMBN launches a London-based diaspora mortgage scheme (up to N100m, 9% interest) with online processing. Culture & Festivals: Edo Carnival 2026 targets 100,000 participants and ₦1bn economic activity; Seaman’s Schnapps sponsors Ondo’s Ekimogun/Ogun Festival. Global Travel Context: Xi Jinping will attend the BRICS summit in New Delhi (Sept 12–13), with Nigeria listed among partner countries. Security & Movement: Nigerian troops report rescues of kidnapped victims and interception of ammunition in separate operations.
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.
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