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 Domestic Credit: Rising net credit to government and private sector have driven the upward trend in NDC, especially post-2008. In 2016Q1, NDC grew largely on the account of the rise in banking sec
Balance of Trade (Export and Import): With export and, to lesser extent, import declining balance of trade fell deeply in 2015 and, to lesser extent, in 2016Q1.
Money Supply: On a month-on-month basis, growth in M2 have accelerated overtime; reaching over N20,000 billion by April 2016. The rise in M2 at the end of 2016Q1 reflects the fast-paced rise in aggre
Gross Domestic Product Growth Rate: Growth in the sector which stalled in the second and third quarters of 2015 witnessed a considerable decline in 2015Q4; the stall in growth in 2015 is attributable