Nigeria & Muda Yusuf

Nigeria: Nigeria's real sector faces a N50 trillion financing gap, threatening industrialisation and food security. The policy brief calls for government action to address structural market failures.

Muda Yusuf: As CEO of CPPE, Muda Yusuf is the public face of the advocacy, articulating the financing gap and proposed reforms. His statements carry weight in policy discussions.

Nigeria: The entire event revolves around the economic policies and their impact on various industries within Nigeria. The proposed ban could disrupt supply chains and jeopardize millions of jobs in Nigeria.

Muda Yusuf: Muda Yusuf, the CEO of the Centre for the Promotion of Private Enterprise, signed the statement cautioning against the import ban and provided detailed arguments for alternative strategies.

Nigeria: Nigeria's foreign reserves reached a 17-year high, reflecting improved economic management and external position, which enhances the country's creditworthiness and investment appeal.

Muda Yusuf: Muda Yusuf, CEO of CPPE, commented on improved investor confidence and trade surpluses, contributing to the positive assessment of Nigeria's economic reforms.

Nigeria: Nigeria's economy showed resilience with GDP growth of 3.89% in Q1 2026 and external reserves rising to $52.52 billion, but faces risks from global geopolitical tensions and food inflation.

Muda Yusuf: As CEO of the Centre for the Promotion of Private Enterprise, Yusuf supported the rate hold, noting that premature easing could reignite inflation and weaken FX gains.

Nigeria: Nigeria's economy and energy self-sufficiency are directly impacted by the debate over fuel importation versus domestic refining, with potential savings of N15 trillion in import costs and $11 billion in foreign exchange inflows.

Muda Yusuf: Muda Yusuf>>>, CEO of the Centre for the Promotion of Private Enterprise>>>, highlighted that continued dependence on imported fuel historically contributed to pressure on foreign reserves, exchange rate instability, and fiscal leakages in Nigeria>>>.

Muda Yusuf: Muda Yusuf, CEO of the Centre for the Promotion of Private Enterprise, issued statements expressing concern over the proposed sugar tax and its potential negative impact on Nigeria.

Muda Yusuf: Muda Yusuf, a renowned economist leading the Centre for the Promotion of Private Enterprise, acknowledged the strengthening of the financial system but noted the lack of meaningful support for the real economy.

Muda Yusuf: Muda Yusuf, Chief Executive of Centre for the Promotion of Private Enterprise (CPPE), is a key voice in advocating against the World Bank Group's import recommendations for Nigeria, emphasizing the importance of domestic production and industrialization.