Center for Promotion of Private Enterprise
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Our Publications
The ongoing Middle East crisis is already triggering significant volatility in global energy markets, and this is beginning to transmit into higher fuel prices across many economies, including Nigeria. For Nigerian businesses, especially small and medium enterprises, this development is very concerning because energy constitutes a major component of operating costs.
The Centre for the Promotion of Private Enterprise (CPPE) strongly opposes the call for additional taxation on sugar-sweetened beverages [SSB] as canvassed by the Corporate Accountability and Public Participation Africa (CAPPA). The proposal is ill-conceived, poorly timed, and inconsistent with the current administration’s tax reform agenda, which is anchored on reducing the burden of taxation on businesses, improving tax efficiency, and stimulating investment.
The Centre for the Promotion of Private Enterprise (CPPE) expresses strong reservations about the policy proposition by the World Bank in its recent Nigerian Development Update, advocating increased importation of petroleum products and food as a solution to Nigeria’s supply-side constraints…
The escalating conflict involving Iran, the United States, and Israel has injected a new wave of geopolitical risk into the global economy. Energy markets are the first transmission channel. Of particular strategic importance is the Strait of Hormuz, through which roughly 20 percent of global crude oil supply is transported daily. Any disruption to this corridor has immediate implications for global oil prices, shipping costs, insurance premiums, and supply chains.
The Centre for the Promotion of Private Enterprise (CPPE) commends the Central Bank of Nigeria (CBN) for the successful implementation of the bank recapitalisation programme as the exercise draws to a close. This marks a significant milestone in the ongoing effort to strengthen the resilience, stability and capacity of the Nigerian banking system.
The Nigerian economy in the first quarter of 2026 reflected
a blend of improving macroeconomic stability and persistent structural
constraints. Evidence of a more stable macroeconomic environment is
increasingly evident, underpinned by the cumulative gains from foreign exchange…
It urges businesses to save energy, diversify power sources, and manage costs tightly, while government should support renewables, cheaper finance, better refining, and more reliable grid power.
The February 2026 CPI report presents a cautiously optimistic picture, with headline inflation easing marginally to 15.06% year-on-year, down from 15.10% in January and significantly lower than 26.27% a year earlier.
It is troubling that we are witnessing a resurgence of high inflationary pressures after some few months of respite despite policy measures to tame inflation, especially on the monetary side.
It is quite troubling that at a time when manufacturers, entrepreneurs and other investors in the economy are craving for ..
The Federal Competition and Consumer Protection Commission [FCCPC] appears to be unwittingly transforming into a price control agency rather than a consumer protection commission.
The proposed nationwide protests portend grave dangers for an economy which is already in a very fragile state. The protests could inflict an…
The volatility in the foreign exchange market is naturally unsettling. But it is not unexpected given the long period of distortions in the foreign exchange market.
The purpose of adequate capitalization is to ensure the efficiency and stability of the financial system. Capital adequacy measures the capacity…
CPPE EXPRESSES CONCERN OVER COMMENTS BY HOUSE OF REPS MEMBERS ON CEMENT MANUFACTURERS - MARCH 17TH 2024
The Centre for the Promotion of Private Enterprise [CPPE] notes with concern the recent deliberations on the floor of the House of Representatives on cement price which portrayed cement
The CPPE notes the recent introduction by government of the Expatriate Employment Levy [EEL] with dual purpose of promoting the localization of skills and economic growth.
The recent decision by the Central Bank to increase the customs exchange rate from N783 to N952/$ would worsen the already prohibitive…
The Centre for the Promotion of Private Enterprise [CPPE] is worried about the growing incidents of regulatory irritations, distractions, and frustrations inflicted