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Tag: CPPE

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 […]

Business

Expanding local refineries won’t guarantee cheaper petrol, says CPPE

The Centre for the Promotion of Private Enterprise has cautioned that expanding domestic refining capacity may not substantially lower petrol prices for Nigerians, particularly as global crude oil prices climb above $100 per barrel. This view was contained in a policy brief shared with Nairametrics on Monday by the Chief Executive Officer of CPPE, Muda […]

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

CPPE flags risks in current capital inflow composition

The Centre for the Promotion of Private Enterprise has cautioned that the current pattern of capital inflows leaves the economy vulnerable to several risks, despite strong headline growth figures. The warning was contained in a policy brief on Sunday, February 22, 2026. Data from the National Bureau of Statistics showed that total capital inflows climbed […]

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

CPPE raises concerns over credibility of revised inflation data

The Centre for the Promotion of Private Enterprise has cautioned that recent adjustments to Nigeria’s Consumer Price Index methodology could have introduced credibility concerns, potentially weakening confidence in the country’s official inflation figures. The warning was contained in a policy brief signed by CPPE’s Chief Executive Officer, Dr. Muda Yusuf, on Sunday. According to the […]

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

CPPE warns Nigeria’s tax reforms may hurt informal sector

The Centre for the Promotion of Private Enterprise has cautioned that Nigeria’s ongoing tax reform efforts risk harming the informal sector if they are poorly designed or improperly sequenced. The warning was contained in a statement issued on Sunday and signed by the organisation’s Chief Executive Officer, Dr Muda Yusuf. CPPE said the concern arises […]

Opinion

Delayed 2026-2028 MTEF submission undermines budget credibility — CPPE

The Centre for the Promotion of Private Enterprise has expressed concerns over the delayed submission of the 2026–2028 Medium-Term Expenditure Framework, warning that the lag could undermine legislative scrutiny and weaken the credibility of Nigeria’s budget process. This warning was contained in a policy brief sent to Nairametrics by the organisation’s Director and Chief Executive […]

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

CPPE urges Senate to drop excise hike on soft drinks

The Centre for the Promotion of Private Enterprise has called on the Senate Committee on Finance to abandon its plan to amend the Customs and Excise Act to raise excise duties on non-alcoholic beverages, describing the move as poorly timed and potentially damaging to Nigeria’s fragile economy. In a statement on Monday, CEO of CPPE, […]

Economy

Households yet to see impact of declining inflation – CPPE

The Centre for the Promotion of Private Enterprise says Nigerian households are yet to feel any relief from the easing inflation rate, citing deep-rooted structural challenges. This comes after the National Bureau of Statistics announced on Monday that headline inflation fell to 16.05 per cent in October. Reacting to the decline in a statement, the […]

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

Nigeria doubles crude imports from US – Report

Nigeria’s crude oil imports from the United States surged in the first eight months of 2025, jumping 101 per cent, according to new data from the U.S. Energy Information Administration. The country brought in 31.69 million barrels between February and August 2025, up from 15.79 million barrels in the same period in 2024 — an […]

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

CPPE hails inflation moderation, warns gradual household impact

The Centre for the Promotion of Private Enterprise has praised the continued moderation of Nigeria’s inflation rate, however, cautioning that most households may not immediately feel the relief. The National Bureau of Statistics reported that Nigeria’s headline inflation rate fell to 18.02 per cent in September 2025, down from 20.12 per cent in August. In […]

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