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National Inflation Profile The recently published Consumer Price Index (CPI) for the month of July 2024 by the National Bureau of Statistics (NBS) reveals a slight drop in the headline inflation rate by about 0.8% points from 34.19% in June to 33.40% in July 2024. The 12 months preceding the latest report had seen the…

In times of grave national crisis as we find ourselves in Nigeria, presidential speeches are meant to be uplifting, re-assuring, offer and renew hope in the nation and its leaders and point to real silver linings amidst the hardship and prevalent gloom. Such speeches are opportunities for policy pronouncements, to change course in a course…

Revenue and expenditure provisions of budgets are crafted against the background of projections of underlying assumptions, which ideally should be founded on empirical evidence. These projections are made following a review of the national, regional, and international economic and political environment, the performance of previous forecasts and factors which may shape economic performance in the…

The Consumer Price Index produced by the National Bureau of Statistics indicates that in December 2023, the headline inflation rate increased to 28.92%, up from the November 2023 headline inflation rate of 28.20%. This is an increase of 0.72% points between November and December 2023. On a year-on-year basis, the headline inflation rate was 7.58%…

Insecurity Centre for Social Justice (CSJ), a Nigerian Knowledge Institution recalls with regret the recent upsurge of insecurity exemplified by the late December 2023 killings in Plateau State, incessant killings in Katsina State, 45 passengers kidnapped as gunmen attacked transporters along Otukpo-Enugu Road and the ongoing kidnap and murder of innocent Nigerians in Abuja, the…

The budget is an extremely important law and policy instrument of governance. Indeed, some scholars describe the budget as the second most powerful instrument of governance after the Constitution.  The budget is contextualised within the law, policy and budget continuum. It provides the avenue for governments at all levels to provide resources for the realisation…