Tag
CPPE
President Muhammadu Buhari promised fuel delivery assistance to Burundi on Tuesday, January 3rd, 2023
The Centre for the Promotion of Private Enterprise (CPPE) has claimed that the current tax regime in Nigeria is stifling investment
Expert explained why forex scarcity, inflation, and currency depreciation contributed to Nigeria's Q3 GDP slowdown
According to the CPPE, Nigeria is suffering from an "Inflation Tax" caused by the CBN
The accelerated fiscal deficit financing by the Central Bank of Nigeria is a significant inflation driver, the financing of which has elevated to disturbing levels.
The CPPE has stated that the recent GDP report has further underlined the dominance of the non-oil sector which accounted for 93.67% of the GDP.
An expert has claimed that the figures released by the Finance ministry paint a gloomy and disturbing picture of the state of government finances.
High and increasing energy costs, forex scarcity, and insecurity are major concerns for major players in the Nigerian economy for the first six months of the year.
The Nigerian economy is not a credit driven economy, unlike what obtains in many advanced economies.
The CPPE has warned that the presidential ambition of the CBN Governor is dragging the apex bank into the chaotic space of partisan politics.
The CPPE has urged the CBN to adopt a flexible exchange rate regime.
The CPPE says the increase in overall price levels of items is at odds with inflation figures issued by the National Bureau of Statistics (NBS).