Capital Importation And Budgetary Allocation (ITC)
Capital Importation (US$ Thousand)
Investor appetite in ITC, a recovery?
Budgetary Allocation (Billion )
Capital Importation: Given the positive outlook on the ITC sector in the past few years, investments in the sector reached a 10-year peak in 2014. However, the foreign investment fell marginally in 2015 but show resurgence in 2016 possibly indicating investors rising appetite in the ITC sector.
Budgetary Allocation: Budgetary allocation for the sector increased significantly in 2016, signalling government interest in boosting ITC sector performance. Capital expenditure championed budget allocations in the sector, while recurrent spending recorded a slight decline.
Net Foreign Exchange Flows through the Nigerian Economy: The recent fall in foreign exchange earnings reflects the decline in both oil sector receipts from CBN, and non-oil sector inflows from autonom
Gross Domestic Product Growth Rate: The growth performance of the Oil and Gas sector has been unsteady throughout years and declined most significantly in 2015Q4, following a positive growth recorded
FDI, FPI and other Investments: The unusual fall in overall capital importation, especially in equity investment, in the late 2015 and early 2016 is attributable to the tougher macroeconomic and finan
CPI and its Component: Changes in inflation rate has mostly been driven by the Core sub-index component. Precisely, in 2016 Q1 and Q2, the rising cost of import, electricity and transport drove inflat