Capital Importation And Budgetary Allocation
Capital Importation (US$ Thousand)
What happened in late 2015?
Budgetary Allocation (Billion )
Budgetary allocation for agriculture rise in 2016
Capital Importation: Foreign investment into the agricultural sector was relatively flat between 2007 and 2012 but gained unusual momentum in September 2015. The spike in 2015 is likely driven by the rise in investor confidence in line with the new governments strong stance on devaluation.
Budgetary Allocation: The proportion of the national budget allocated to the agricultural sector, which fell deeply in 2015, was increased in 2016, in both recurrent and capital expenditure in the sector. This is attributable to the present governments commitment to agriculture.
All-Share Index: In 2016Q1, the decline in ASI was driven by declines in Banking, Insurance, Consumer goods, Oil/Gas, Lotus Islamic, Industrial, AseM, Pension and Premium NSE indices. However, the ASI
Capital Importation: Overall capital imported into the manufacturing sector fell deeply in 2015 and has remained low in 2016H1 on the account of present FOREX issues affecting businesses in the sector
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
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