The Centre for the Promotion of Personal Enterprise (CPPE) has urged the Federal Authorities to prioritise stabilising vitality prices and increasing entry to inexpensive financing for productive sectors, as Nigeria recorded an easing of inflationary pressures in October 2025.
In a coverage transient shared with Nairametrics by its Chief Govt Officer, Dr. Muda Yusuf, the organisation famous that though the most recent inflation figures present some enchancment, the enterprise surroundings stays considerably strained by excessive working prices—particularly vitality—and restricted entry to finance.
In response to the CPPE, addressing these structural bottlenecks is important for sustaining the present moderation in inflation whereas boosting financial progress and strengthening the resilience of small and medium-sized enterprises (SMEs), farmers, and producers.
The CPPE harassed that stabilising vitality prices should be a precedence for the federal government, particularly as vitality stays one of many greatest drivers of inflation and a significant burden on companies.
CPPE urges the federal government to “Improve investments in transmission and distribution infrastructure. Promote photo voltaic and off-grid renewable vitality options for SMEs and rural communities. Develop incentives for energy-efficient manufacturing.”
Push for Inexpensive and Accessible Financing
Past vitality reforms, the CPPE emphasised the pressing want for inexpensive financing, noting that the high-interest-rate regime continues to restrict enterprise growth, discourage new investments, and constrain agricultural and industrial output.
To deal with these challenges, the assume tank mentioned there’s a want for “Focused lower-interest financing for SMEs, farmers, and producers. Develop credit score assure schemes to de-risk non-public lending. Strengthen growth finance establishments to help productive sectors.”
Backstory
The Nationwide Bureau of Statistics (NBS) reported that Nigeria’s inflation price eased to 16.05% in October, a big decline from the 18.02% recorded in September 2025.
The bureau famous that the year-on-year headline inflation price stood at 17.82%, decrease than the 33.88% recorded in October 2024.
In response to the NBS, the meals inflation price in October 2025 stood at 13.12% on a year-on-year foundation, representing a 26.04 percentage-point decline from the 39.16% recorded in October 2024.
What you need to know
In October, President Bola Tinubu introduced that 153,000 Nigerians have to this point benefited from N30 billion in inexpensive loans disbursed below the Nationwide Shopper Credit score Company (Credicorp) scheme.
“Credicorp, one other initiative of our administration, has granted 153,000 Nigerians N30 billion inexpensive loans for autos, photo voltaic vitality, house upgrades, digital units, and extra,” Tinubu mentioned.
He additional introduced that YouthCred, a complementary credit score program focused at younger Nigerians, notably members of the Nationwide Youth Service Corps (NYSC), has turn out to be a actuality.
In February 2025, Credicorp launched a credit score scheme for the acquisition of regionally assembled autos.
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