Nigerians may have been paying with their blood for rising taxes and spiraling cost of operations as product standardisation continues to take the back seat with experts raising concerns about the negative impacts of the trend for the country.
Nigeria’s hope for a better economic outlook and more jobs continues to dim, as credits to government progressively widen at the expense of private sector lending.
Nigeria’s unemployment rate may hit 38.8 per cent this year, forecasts by notable private sector institutions, have suggested. The figure is an average of the two most notable private sector-driven organisations that released forecasts...
Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf, has called on insurance and pension operators to prioritise customer satisfaction to increase the efficiency of both sectors.
The Manufacturers Association of Nigeria (MAN) has hailed the decision of Federal Government to suspend the proposed hike in excise duty on beer, wines and spirits, tobacco and non-alcoholic beverage later this year, noting that the decision will bring succor to the operators.
The Centre for the Promotion of Private Enterprise (CPPE) has called on the next administration to set up a transition committee on the economy as a necessary action plan to breathe life into the ailing economy.
As Nigeria prepares for a new administration, stakeholders have charted paths on how the nation will transit economically, ensure policy stability and urgent economic reforms.
As the scarcity of cash continues to bite harder, experts have warned that the national economy will suffer the long-term negative effects if nothing is done to address the situation urgently.
For a private sector already overwhelmed by multiple taxes, the Centre for the Promotion of Private Enterprise (CPPE) has said that the imposition of excise duty on all services will make the business community vulnerable. Director of CPPE, Muda Yusuf, in a statement, titled, “Tweaking the 2023 Finance Bill and Options for Unlocking revenues in…
There is anxiety in the private sector as Federal Government seeks to heap more taxes on businesses through its controversial Finance Bill 2022.
To unlock growth and investment in 2023, the Federal Government has been urged to facilitate reforms in the oil and gas sector, fix power and prioritise infrastructure financing. The Centre for the Promotion of Private Enterprise (CPPE), disclosed this in its economic and business environment review for 2022 and agenda for policymakers for 2023. In…
29 Dec 2022
Citing concerns about the rising burden of taxation on businesses, the Centre for the Promotion of Private Enterprise (CPPE) has warned that the current tax regime in Nigeria will further stifle investment as corporate taxes may hit 36 per cent