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.
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
91-Day Treasury Bills: T-bill rate has highly fluctuated overtime on the account of the rise and fall in investor confidence, monetary policy easing/tightening, governments demand for funds, and infl
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
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