AGP Executive Report
Last update: 9 hours agoOil and Finances: Niger’s junta has reportedly given China’s CNPC 45 days to pay $5bn over alleged delays in repatriating oil revenues, a move that could strain ties with the country’s biggest foreign investor. Niger has also declared an environmental emergency after a blowout at the Goumeri oil field; a $203m IMF financing deal is awaiting board approval. Security Spending: Niger’s defence and security spending reached nearly 960bn CFA francs in 2024, with further funds added this year. The scale of spending is prompting questions about whether it is improving safety while putting pressure on public finances. Trade: About 11,000 tonnes of soybeans declared as Niger-origin were diverted from India to other Asian markets amid a customs probe into suspected mislabelling to avoid import duties. Football: Niger’s U-17 side beat Nigeria 2-1 at the WAFU B championship, securing a semi-final place.
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