Publications

March 1, 2019

Nigeria Economic Update (Issue 6)

The Nigerian economy raked in more revenue for the four quarters of 2018 fiscal year than in 2017. In the recently released economic report, the CBN reported that federally collected…

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February 28, 2019

Effects of 2019 Elections: Predicting the Economy’s Response in Nigeria

The stability of the country’s political environment is an essential element in determining and predicting the level of economic growth in a democratic economy. The traditional assumption in the political…

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February 25, 2019

Nigeria Economic Update (Issue 5)

States’ Internally Generated Revenue (IGR) declined in the third quarter 2018, replicating the same downward trend as seen in the previous quarter. IGR dropped to N264.38 billion in 2018Q3, compared…

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February 12, 2019

Nigeria Economic Update (Issue 4)

The monetary policy committee provided policy parameters at the first meeting for the 2019 fiscal year, held on 21st and 22nd January, 20191. As presumed, all parameters were left unchanged…

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February 8, 2019

Achieving Abundant and Affordable Energy in Africa: Is there a place for nuclear power in Nigeria?

Nigeria and Russia has signed agreements to set up four nuclear power plants and a Centre for Nuclear Science and Technology in Nigeria. This piece examines the prospects of nuclear…

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February 5, 2019

Nigeria Economic Update (Issue 3)

Inflation rate rose in December 2018 for the second consecutive month to 11.44 percent, 0.16 percentage points higher than the 11.28 percent recorded in November 2018.1 The rise in inflation…

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January 30, 2019

Nigeria Economic Update (Issue 2)

The amount of financial subsidy that Nigeria absorbs to maintain pump price at the official N145/litre has remained high. According to reports, the NNPC now pays N48.68 subsidy for a…

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January 25, 2019

Understanding Political Will for Tobacco Control in the Nigerian Context

Sustained political will among government and non-state actors in the policy space has been responsible for the recorded success at the federal level in the implementation of tobacco control policies.…

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January 25, 2019

Prospects for Earmarking Revenue from Tobacco Taxes

Based on the results of CSEA’s Tobacco Tax Simulation Model (TETSiM), the government stands to gain about N67.7 billion additional revenue from the new tobacco taxation policy, within a one-year…

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January 25, 2019

Simulation of the Effect of Tax Increase

In June 2018, Nigeria introduced a new tax regime on tobacco products. In addition to the present 20% ad valorem excise duty charged on locally produced goods, tobacco products will…

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January 22, 2019

Snapshot of Taxes & Prices of Tobacco Products

Nigerian tobacco industry operates within an oligopolistic market structure, with BAT owning 79% of market brands, which allows for price differentiation across brands. However, price variations are also observed between…

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January 22, 2019

A Scoping Study of Nigeria’s Tobacco Market and Policy Space

Tobacco use and control in Nigeria and other African countries have received little attention relative to other regions like Asia and Latin America. This is due to the perceived low…

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January 15, 2019

Nigeria Economic Update (Issue 1)

Considered as a looming crisis, Nigeria’s unemployment rate has continued to deteriorate. Based on the new data released by the NBS unemployment rate stood at 23.1 percent in 2018Q31, up…

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December 23, 2018

Nigeria Economic Update (Issue 50)

The provisional Balance of Payment (BOP) estimates for 2018Q3 disclosed a significant reversal and deterioration in Nigeria’s BOP position, relative to the corresponding quarter in 2017 and 2018Q2. Overall BOP…

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December 22, 2018

Nigeria Economic Update (Issue 49)

Nigeria’s real GDP growth rate rose marginally Year-on-Year by 1.8 percent in 2018Q3, as against 1.5 percent recorded in the preceding quarter – a minor increase of 0.3 percentage points.…

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December 20, 2018

Nigeria Economic Update (Issue 48)

According to the NBS newly released data, total IGR generated by 36 states and the Federal Capital Territory for the first half of the year 2018 outperformed the comparable period…

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