The Centre for the Promotion of Private Enterprise (CPPE) has described the recent remarks on the floor of the House of Representatives on cement price which portrayed cement manufacturers in very bad light as not desirable and uncalled for in view of the prevailing economic whirlwinds in the economy. The Chief Executive Officer (CEO) of […]
Tag: Centre For The Promotion Of Private Enterprise (CPPE)
CPPE Lauds FG On Suspension Of EEL Implementation
The Centre for the Promotion of Private Enterprise (CPPE) commends President Bola Tinubu, the Coordinating Minister for the Economy, the Minister of Industry, Trade and Investment and the Minister of Interior for suspending the implementation of the contentious EEL. The Centre, in a statement by its Chief Executive Officer, Dr. Muda Yusuf, described the gesture […]
CPPE Seeks Review Of EEL Policy To Support Businesses
The Centre for the Promotion of Private Enterprise (CPPE), a frontline private sector advocacy organization in Nigeria, has called on the Federal Government to immediately review its recently introduced Expatriate Employment Levy (EEL) policy in view of the negative implications of its implementation for the economy. The Centre, in a Note issued on Sunday by […]
CBN’s Jerk Up Of MPR, Other Rates Will Hurt Economy – CPPE
The Centre for the Promotion of Private Enterprise (CPPE), a leading private sector advocacy group in Nigeria, has flawed the Central Bank of Nigeria’s Monetary Policy Committee (MPC) on its latest monetary policy decisions during its two-day meeting which ended on Tuesday in Abuja, saying that the jerking of the lending benchmark rate and others […]
CPPE Urges CBN To Fix Customs Duty Exchange Rate At N1,000/$1
The Centre for the Promotion of Private Enterprise (CPPE), a leading organized private sector advocacy group in Nigeria, has advised the Central Bank of Nigeria (CBN) to consider fixing the Customs Duty Exchange rate at N1,000/S1 to mitigate the current hardships of business owners, particularly manufacturers, in the country. The Centre’s Chief Executive Officer, Dr. […]
CPPE Flaws CBN’s Hike Of Customs Exchange Rate
The Centre for the Promotion of Private Enterprise (CPPE), one of Nigeria’s private sector advocacy groups, has described the recent decision by the Central Bank of Nigeria (CBN) to increase the Customs Exchange rate from N783 to N952/$1 as undesirable for the economy, warning that it will worsen the already prohibitive production and operating costs […]
CPPE Urges Tinubu On Reform Measures’ Implementation Sequencing
The Centre for the Promotion of Private Enterprise (CPPE), a private sector advocacy group in Nigeria, has charged the Federal Government on the need for strategic and sequencing approach in the implementation of the current reforms targeted at correcting the abuses in the nation’s fiscal and monetary policies to improve the performance of the economy. […]
CCPE Charts Roadmap For FG To Moderate Surging Inflation, Other Whirlwinds
The Centre for the Promotion of Private Enterprise (CPPE), one of the leading organized private sector advocacy groups in Nigeria, has advocated some policy options the Federal Government should urgently explore to combat the growing constraints hampering business operations and improved performance of the nation’s economy. A statement issued by the Director/CEO of the group, […]
CPPE Forecasts Abatement Of FX Market Volatility
The Centre for the Promotion of Private Enterprise (CPPE), one of Nigeria’s advocacy groups championing the cause of the organized private sector (OPS), has projected that despite the current concerns about the nation’s foreign exchange market volatility, there are strong indications that the volatility will abate as the government continues to respond to the FX […]
Banks Get Approval To Sell FX At Market-Determined Rate
…..FX regime desirable for economy – CPPE There are strong indications that the monetary authorities have authorized commercial banks and dealers in the foreign exchange (FX) market to sell forex at the Investors & Exporters (I&E) window freely at market-determined rate Although the Central Bank of Nigeria (CBN) has not made any official statement on […]