November 11, 2021/Coronation Economic Note The gross monthly distribution by the Federation Account Allocation Committee (FAAC) to the three tiers of government and public agencies amounted to N739.97bn (USD1.8bn) in October (from September revenue). This shows an increase of 6.2% or N43.1bn from the previous payout. Based on data in […]
OPINION/EDITORIAL
NDP or ERGP Plan: The Key to Success is in the Execution
November 11, 2021/CSL Research Recently, at a meeting of the Federal Executive Council (FEC) presided by the Vice President of the Federal Republic of Nigeria, the National Development Plan (NDP) for 2021 – 2025 was approved. The plan replaces the former Economic Recovery and Growth Plan (ERGP) that has guided economic planning […]
Soaring Metal Prices May Delay Energy Transition
(PHOTO: PETMAL/ISTOCK BY GETTY IMAGES) November 10, 2021/IMFBlog By Lukas Boer, Andrea Pescatori , Martin Stuermer and Nico Valckx Clean energy needs may cause years of high prices for copper, nickel, cobalt, and lithium under a net-zero emissions scenario. The world’s historic pivot toward curbing carbon emissions is likely to spur unprecedented demand for some of […]
