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Tag: CPPE

Business

CPPE flags risks in proposed sugar-sweetened beverage tax

The Centre for the Promotion of Private Enterprise has urged the House of Representatives to reject the Sugar-Sweetened Beverage Tax Bill recently approved by the Senate, warning that the proposed legislation could further strain Nigeria’s already challenging business environment. The group stated its position in a statement issued on Sunday, June 7, 2026, and signed […]

Opinion

CPPE raises alarm over low manufacturing GDP contribution

Despite Nigeria’s modest economic growth in the first quarter of 2026, experts have raised concerns over the weak performance of the manufacturing sector. They warned that the economy may struggle to achieve sustainable transformation without a stronger industrial base. According to Vanguard, the Chief Executive Officer of the Centre for the Promotion of Private Enterprise, […]

Business

CPPE raises concern over Nigeria’s weak manufacturing base despite GDP growth

The Centre for the Promotion of Private Enterprise has warned that Nigeria may struggle to achieve sustainable structural transformation without a stronger manufacturing sector, despite improved economic growth recorded in the first quarter of 2026. The position was contained in the organisation’s latest policy. The report followed the release of fresh data by the National […]

Why Nigerian insurance is one of the lowest globally - CPPE
Business

CPPE backs CBN’s decision to hold Interest rates steady

The Centre for the Promotion of Private Enterprise has supported the Central Bank of Nigeria’s decision to keep all major monetary policy rates unchanged at the 305th Monetary Policy Committee meeting. In a policy brief, CPPE described the move as pragmatic, saying it reflects a more balanced assessment of Nigeria’s inflation trends. The committee left […]

Why Nigerian insurance is one of the lowest globally - CPPE
Business

CPPE warns CBN against further interest rate hikes

The Centre for the Promotion of Private Enterprise has cautioned the Central Bank of Nigeria’s Monetary Policy Committee against raising interest rates further, warning that additional tightening could undermine the fragile economic recovery and intensify pressure on businesses and households. The economic advocacy body issued the caution ahead of the MPC’s 305th meeting, where members […]

New expatriate levy sparks concerns over regional integration
Opinion

CPPE urges supply-side measures to tackle Nigeria’s persistent inflation

The Centre for the Promotion of Private Enterprise has called for a shift toward supply-side interventions to curb inflation, amid rising energy and transport costs linked to Middle East tensions. CPPE said monetary tightening alone cannot address Nigeria’s inflation challenge and risks further weakening investment and productivity. Leadership reported that speaking, the director/CEO of CPPE, […]

Why Nigerian insurance is one of the lowest globally - CPPE
Business

Nigerian workers struggle as rising inflation weakens purchasing power – CPPE

Nigeria’s workers are grappling with worsening living standards as inflation continues to erode the real value of wages. This was contained in a policy brief by the Centre for the Promotion of Private Enterprise, signed by its Chief Executive Officer, Dr Muda Yusuf, and released on Thursday, according to Nairameteics. The group noted that sustained […]

Policy and Regulations

2026 tariff amendments to boost domestic manufacturing growth — CPPE

The 2026 Fiscal Policy measures and Tariff Amendments recently approved by the Federal Government will engender a boost in domestic manufacturing and import substitution in the country, the Centre for the Promotion of Private Enterprise has stated. The measures include revisions to the Import Adjustment Tax covering 192 tariff lines, selective import restrictions, tariff reductions […]

Why Nigerian insurance is one of the lowest globally - CPPE
Business

High levies threaten survival of Nigerian airlines, says CPPE

Nigeria’s aviation industry is under increasing strain as taxes, fees, and regulatory charges now account for as much as 35% of airline revenues, according to the Centre for the Promotion of Private Enterprise, which says the situation is threatening the viability of domestic carriers. In a statement signed by its Chief Executive Officer, Muda Yusuf, […]

Why Nigerian insurance is one of the lowest globally - CPPE
Business featured

CPPE warns W’Bank import proposal could hurt Nigeria’s economic growth

The Centre for the Promotion of Private Enterprise has warned against a World Bank proposal to expand the importation of petroleum products and food, cautioning that such a move could undermine Nigeria’s recent economic progress. Speaking on Sunday, the Chief Executive Officer of CPPE, Dr. Muda Yusuf, described the recommendation in the World Bank’s Nigerian […]

New expatriate levy sparks concerns over regional integration
Energy

CPPE demands urgent govt action on soaring energy costs

As Nigerians grapple with soaring energy costs, the Centre for Promotion of Private Enterprises, on Monday, demanded government’s urgent intervention to ease the burden. The Executive Director, CPPE, Dr Muda Yusuf, in a statement, pointed out that the continued pressure on Nigerians and the economy by the United States/ Israel – Iran war demands government […]

Why Nigerian insurance is one of the lowest globally - CPPE
Business

Rising energy prices threaten survival of Nigeria’s SMEs, CPPE warns

The Centre for the Promotion of Private Enterprise has cautioned that the recent rise in energy prices could jeopardize the survival of Nigeria’s small and medium-sized enterprises if swift action is not taken. In a policy brief on Sunday, the organisation highlighted that soaring energy costs are driving up business operating expenses, threatening the sustainability […]

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