Macroeconomic Report & Economic Updates
August 26, 2016
Nigeria Economic Update (Issue 36)
Power sector statistics
show a significant increase in power generated from August 12 to August 19,
2016. Precisely, power generated increased by 2.2 percent to 3953.6MW(a
4-month high). Increased water reserves in dams for hydro generating plants occasioned
by seasonal adjustments (rainy season), led to improved power generation.
Additionally, in a bid to further improve and sustain power generation, the
federal government received a $100 million credit facility from India.
However, consistent power supply could be jeopardized if the development is not
aided by improved distribution by DISCOs.
Related
MANUFACTURING SECTOR: Operating Admist Economic Recession And Rising Foreign Exchange Rates
This 2017 Manufacturing Sector survey provides an assessment of the
Nigerian manufacturing sector, highlighting
the key challenges facing operators within
the sector. It also examines the dynamics and
major development in the manufacturing
sector over the last one year. Overall, the
objective of the report is to provide a snapshot
of the manufacturing sector in Nigeria,
which will provide a framework for policy
intervention by policymakers
Program Budgeting Analysis Of Education And Health Sectors
This
brief aims to deepen stakeholders understanding of the sources of funding and
how money is allocated to and spent in the social sectors of health and
education, which are critical for pro-poor growth and poverty alleviation.
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