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Tag: CPPE

How 0.5% import tax will boost Nigerian economy - CPPE
News

CPPE warns of cargo diversion, smuggling over high exchange rate

The Centre for the Promotion of Private Enterprise has apprised that Nigeria risks losing cargoes to neighbouring countries over a high exchange rate for import duties collection by the Nigerian Customs Service. This was disclosed in a statement signed by the Director/Chief Executive Officer of CPPE, Dr. Muda Yusuf, according to Nairametrics. CPPE lamented the […]

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Lower regulatory burden on manufacturing sector, CPPE tells FG

The Centre for the Promotion of Private Enterprise has encouraged the federal government to lessen the regulatory burden on the country’s manufacturing industry and investors. CPPE’s Director, D.r Muda Yusuf, in a statement on Sunday, expressed the centre’s worry over the “growing incidents of regulatory irritations, distractions, and frustrations inflicted on the Nigerian manufacturing sector […]

New expatriate levy sparks concerns over regional integration
Economy

Why expatriates compete with Nigerian market women, men – CPPE

Melvin Onwubuke     The Center for the Promotion of Private Enterprise has linked various instances of expatriates operating in the retail sector in Nigeria to regulatory weakness.   This was disclosed recently in a statement by Chief Executive Officer (CPPE) Dr. Muda Yusuf, according to nairametrics.   Yusuf explained that there are similar concerns […]

New expatriate levy sparks concerns over regional integration
News

New expatriate levy sparks concerns over regional integration

By Melvin Onwubuke   The Centre for Promotion of Private Enterprise, has announced that the new Expatriate Employment Levy from the federal government may set off reciprocal actions against Nigerian and negatively impact regional integration of ECOWAS and across Africa, according to nairametrics. This was disclosed by the chairman, Dr. Muda Yusuf in a statement, […]

New expatriate levy sparks concerns over regional integration
News

CPPE urges CBN to peg custom duty FX rate at N1000/$1

By Melvin Onwubuke The Centre for the Promotion of Private Enterprise has urged the Central Bank of Nigeria to take bold steps in mitigating the challenges faced by businesses and citizens, by pegging the customs duty exchange rates at N1000/$1. In a statement by Mr Muda Yusuf, Chief Executive Officer at CPPE , according to […]

New expatriate levy sparks concerns over regional integration
Business

Economic growth hampered by low productivity – CPPE

The Centre for the Promotion of Private Enterprise and the Lagos Chamber of Commerce and Industry have identified falling productivity as a factor limiting the country’s economic progress. The Punch reported that this was declared by the economic think-tank and commerce chamber in response to the National Bureau of Statistics’ Gross Domestic Product data for the […]

Why Nigerian insurance is one of the lowest globally - CPPE
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How FG can address macroeconomic concerns – CPPE

The CEO of the Centre for the Promotion of Private Enterprise, Dr. Muda Yusuf has predicted that if macroeconomic issues are addressed correctly, it will have a major medium and long-term influence on the stability of the macroeconomic climate. According to Nairametrics, he noted that: “There will be many chances for SMEs, medium-sized businesses, large […]