Government should incentivise renewable energy adoption

If the government can budget N4 trillion (about $9 billion) for petrol subsidy, it should be able to afford incentives to improve energy access and promote the development of renewable energy. This was the position of the Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf while addressing…

CPPE Lauds FG On Import Duty, VAT Exemptions On Critical Medical Supplies

LAGOS  – The Centre for the Promotion Of Private Enterprise (CPPE) has commended the Federal Government for the import duty and Value Added Tax (VAT) exemptions granted critical medical supplies during and post COVID period.  Dr Muda Yusuf, Chief Executive Officer, Centre for the Promotion of Private Enterprise (CPPE), in a statement, said the step taken…

CPPE Asks FG To Address Concerns About Conflicting Trade Policies

The Centre for the Promotion of Private Enterprise (CPPE) has appealed to the Federal Government to intervene in addressing what it described as conflict and contradictions in the trade policy space, especially as it relates to the import prohibition list and the Central Bank of Nigeria’s (CBN) forex exclusion list. According to the CPPE, the…

Why FG Must Clear Crisis Around Import Prohibition, Forex Exclusion List’

The Centre for the Promotion of Private Enterprise (CPPE) has appealed to the federal government to resolve the conflict in the trade policy space regarding the import prohibition list and the Central Bank of Nigeria (CBN) foreign exchange (forex) exclusion list. Presenting the upsides and downsides of the 2022 fiscal policy measures approved for the…

Import Incentives: Investors Tackle FG Over Bureaucratic Delays

A key sector in Organised Private Sector (OPS), the Centre for the Promotion of Private Enterprise (CPPE), has lamented the red tape importers and the business community pass through in Ministries, Departments and Agencies (MDAs) seeking approvals for import incentives. CPPE’s Chief Executive Officer (CEO), Dr. Muda Yusuf, told New Telegraph in Lagos yesterday the…

CPPE advocates flexible FOREX regime to fix shortage

The Centre for Promotion of Private Enterprises (CPPE) has again urged the Central Bank of Nigeria (CBN) to adopt a flexible exchange rate regime to end forex shortage and fix naira devaluation. In a note signed by its CEO, Muda Yusuf, analyzing the economy of the country in the first quarter of the year, the…