Appropriation Act (Budget)
Appropriation Act (Budget) (Trillion )
The Budget: Recovery in capital expenditure
FAAC Monthly Disbursement (Billion )
Falling fund disbursement to the 3-tiers
Appropriation Act (Budget): Capital expenditure remarkably increased in 2016 relative to preceding year, on the account of the present governments renewed commitment to infrastructure development.
FAAC Monthly Disbursement: FAAC monthly disbursement across all tiers of government fell in 2016 on the account of falling government revenues owing to low oil price and vandalism of oil pipelines.
Purchasing Managers Index: The level of business activities declined sharply in the first half of 2016 on the account of weak economic performance. Particularly, the issues surrounding exchange rates
Monetary Policy Rate: The fluctuations in MPR reflect CBNs intermittent effort to promote growth, stymie inflation or incentivize capital flows. Particularly, the rise in MPR in 2016Q1 was effort to
Public Debt-to-GDP Ratio: The ratio of Nigerias cumulative government debt to national GDP has maintained an upward trend indicating the countrys declining economic productivity and ability to repay
FDI, FPI and other Investments: Portfolio investment has continued to fall rapidly since 2014, while FDI inflows remain subdued since 2010