Nigeria Economic Chart Park

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.




Related

 

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

Monetary Policy Rate

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

Gross Domestic Product Growth Rate And Contribution To GDP (Transport Sector)

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

Business Confidence Index

Business Confidence Index: After its peak in 2011, business confidence fell sizeably in 2012 as well as 2015Q2. Most recently, BCI has declined to a negative levels in 2016Q1 and Q2. The recent declin