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DR MUDA YUSUF
The Centre for the Promotion of Private Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to adopt more flexible monetary policies that will stimulate credit flow into the economy, especially for small and medium enterprises (SMEs) and critical sectors.
The Centre for the Promotion of Private Enterprise (CPPE) has welcomed the sustained moderation of Nigeria’s inflation rate but cautioned that consumer confidence remains fragile due to persistently high food prices and weak household purchasing power.
Nigeria’s latest inflation report, showing continued deceleration, has sparked mixed reactions across the country, with economic experts welcoming the development while citizens on social media questioned its impact on everyday living.
The Nigerian Electricity Regulatory Commission (NERC)’s decision to impose a total fine of N628 million on eight electricity distribution companies (DisCos) for violating the estimated billing cap has sparked mixed reactions among electricity consumers and power sector experts.
An economic expert has projected a potential further decline in Nigeria’s inflation rate in 2025, citing a combination of government policies and improving macroeconomic conditions.
The Centre for the Promotion of Private Enterprise (CPPE) has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for its decision to pause rate hikes.
The Centre for the Promotion of Private Enterprise (CPPE) has cautioned that the drastic reduction in inflation figures following the rebasing of the Consumer Price Index (CPI) does not necessarily translate to lower prices of goods and services.
The Centre for the Promotion of Private Enterprises (CPPE) has highlighted factors that will improve the country’s foreign exchange rate regime in the coming year.
Dr. Muda Yusuf, Founder, Centre for the promotion of Private Enterprise, Immediate Past Director General, Lagos Chamber of Commerce and Industry (LCCI) has said that the country’s projected revenue of approximately N18 trillion for the 2024 budge appears under threat due to declining oil output and growing debt.
Dr. Muda Yusuf has stated that monetary policy tools like interest rate hiking have been ineffective in tackling inflation in Nigeria
Manufacturing stakeholders have told Nairametrics that the waiver on diesel value-added tax (VAT) though good, is only a short-term relief, especially for manufacturers who are reliant on the commodity.
Dr. Muda Yusuf has said out of the 32 airports in the country, only four of them are economically sustainable.