 The Centre for the Promotion of Private Enterprise, CPPE, has set a key economic agenda for President-elect Bola Ahmed Tinibu. The economic think tank group urged that the income administration must succeed in its need to act fast. According to statements on Sunday by CPPE's Director Morda Yusuf, the government should be ready to tackle macroeconomic issues, establish adequate economic governance, and ensure fiscal consolidation. Morda Yusuf added that ensuring foreign exchange policy reforms, industrialization, trade and tariff reforms, agricultural reforms, oil and gas sector reforms, and financial sector reforms among others, should be sacrosanct. What is setting an economic agenda for President-elect Bola Ahmed Tinibu on the show today? Business insight starts right now. I am Justin Acadone. Just before we get into the discussion proper, let's just give you a roundup of business headlines. The lingering subsidy regime of the federal government and premium motor spirit popularly called petrol has stored investments in the development of Nigeria's gas sector. A major and independent oil marketer said that over the weekend. About two years ago, the federal government declared 2021 to 2030 as a decade of gas and called for gas investments to deepen domestic gas usage. The Nigeria's proven gas reserve bays of 208.62 trillion standard cubic feet as a January first last year and is working to increase its reserve volumes to 220 TCF in 10 years, according to data obtained from the Niger Nobstream Petroleum Regulatory Commission. However, industry operators told our correspondent that the massive gas reserves across the country were not being explored by investors because it made no business sense investing in gas when the government was subsidizing petrol. Now the promoters of the Lekhi Port and Lekhi Free Port Terminal LFT have this close that discussions around going to move containers discharged at the port by barges to the eastern port of Kalaba, Wari and Onichareva port, among others, to help increase the economies of those ports. The promoters also stated that the $1.5 billion Lekhi Port would begin the shipment of cargoes to landlocked countries in the coming weeks. Addressing journalists in Lagos, the chief commercial officer of LFT, K. O'Lupine, said the port has been able to execute the movement of more than five barges of over 920 foot equivalent units of containers from Lekhi Port to the Ecuador area of Lagos state. Now the Niger Meteorological Agency NIMED has raised an alarm over an impending thunderstorm and heavy rainfall expected in at least 12th northern state of the Federation in the next few hours. A statement by the general manager of public affairs of NIMED, Ibrahim Montari, said that thunderstorms cells are currently observed over some northern parts of the country. The statement listed the northern state as Boronu, Turaba, Gumbay, Bauchi and Kano. The rest are Plateo, Nasarawa, Jigawa, Adamawa, Yubei, Boronu, Bauchi, Gumbay, Kaduna, Kano and Katsina state. And the Federal Capital Territory of Buja asked the areas where heavy rainfall is expected today and in the coming days. And finally the NGSO share index was bearish during the trade and week that ended May 12, 2023 as it declined by minus 0.48 percent to close at 52,214.26 index point on Friday. Market cap also lost minus 137 billion Naira to close at 28.431 trillion Naira as against the 28.568 trillion recorded during the preceding week. The declines were driven by losses in the banking and industrial goods sector as eight indexes in total close lower, ten indexes close higher or the NGX ASEM index closed flat. And that's the render for business headlines. We'll be right back with our interview segments. Don't go away still with us.