Nigeria Economic Chart Park

Capital Importation And Budgetary Allocation (Transport Sector)

Capital Importation (US$ Thousand)

Low investment

Budgetary Allocation (Billion )

Massive capital expenditure in Transport budgeted for 2016

Capital Importation: Since the dramatic decline in 2013, private and government sector investments in the sector have remained low in 2016.

Budgetary Allocation: Budgetary allocations to the transport sector have continued to fall since 2010. However, the budgetary allocations for capital expenditure rose exceedingly in 2016 reflecting the Presidents commitment to improve infrastructures, particularly in transport sector.



External Reserve

External Reserve: External reserve picked up from its year-2000 level below $10,000 million to above $60,000 million in 2008. However, the external reserve fell deeply in 2010/11 and even further in 2

91-Day Treasury Bills

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

Net Domestic Credit And Currency In Circulation (CIC):

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

Real GDP Growth Rate

On average, Nigerias GDP growth rate has averaged about 5 percent; attaining an unusual trough of nearly -10 percent in 2003Q4 and a peak of nearly 20 percent in 2004Q4. However, the Nigerian economy