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DR MUDA YUSUF
Dr. Muda Yusuf, Director of, the Centre for the Promotion of Private Enterprise (CPPE) has said that plan to discontinue petroleum subsidy would unlock a minimum of N6 trillion in revenue into the Federation Account annually.
Dr Muda Yusuf of the CPPE has opined that the cashless policy is not going to improve the economy but slow it down instead
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
The situation has been further compounded by the shocks and disruptions inflicted by the Russian invasion of Ukraine and the lingering effects of the Covid-19 pandemic
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.
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 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).
The Centre for the Promotion of Private Enterprise (CPPE) has called for the halt of the planned imposition of excise duties on manufacturers.