Saturday, November 4, 2017 08:00 AM / Proshare
From the Editor’s Desk
The Federal Government revised its growth outlook downwards for both 2017 and 2018. The recent growth projections for 2017 and 2018 stands at 1.5% and 3.5% compare to its earlier projections of 2.2% and 4.8%. However, forecasting output achieve the needed tandem between the EGRP and the MTEF in 2019, as growth projections hit 4.5% in 2019, eventually reaching 7% in 2020. The projection suggests that the Federal Government remains resolute on its growth projection but the present trajectory in output has forced a revision on the short term. Certainly, actual inflation is not far off from earlier inflation projection for 2017; moreover the fiscal side is spared the “bygone headache” associated with flawed inflation projections. Therefore leaving inflation projection unchanged, after all oil prices has become more of a leg wind to the forecast.
the week ahead, precisely November 7, 2017, the presidency will present the
2018 budget before the legislature. Certainly, we do align with Kenyon Poole
that the effectiveness of any stabilization policy depends largely on its
fiscal policy. This will also reflect in both an increase in private
contribution to gross fixed capital formation and also an improvement in the standard
Monday, November 6, 2017
The Federal Government Savings Bond offering opens today, while the 19th Lagos Book and Art Festival themed “Eruptions: Global Fractures and our common Humanity” will hold today in Lagos.
Plc will hold its Annual General Meeting today.
Tuesday, November 7, 2017
President Buhari will hold present the 2018 Budget to the House of Assembly, while the eNigeria 2017 Conference, Exhibition and Award will commence today in Abuja.
The Nigerian Institution of Surveyors and Valuers (Lagos State Branch) Summit, the 5th Africa Information & Communication Technologies Alliance Summit and the Wapic Conference and Expo will commence today.
NIMR 4th International Scientific Conference and the CITC
Leadership Masterclass will hold today in Lagos.
Wednesday, November 8, 2017
of Northern Nigeria Plc will hold its
Annual General Meeting today in Abuja.
Thursday, November 9, 2017
Committee (CMC) Meeting will hold today in Lagos, while the
Abia Commercial/Agro-Tourism Investment Forum holds in Umuahia.
Friday, November 10, 2017
The CMC interactive session with the media and the Nigeria Maintenance & Reliability Conference 2017 holds today. The GODP 2017 HR Technology Conference will also hold today in Lagos.
Institute of Bankers of Nigeria’s (CIBN) 2017 Annual Bankers
Dinner; and the CFA Society Nigeria Women in Investment Management and 2017
Charter Award Ceremony will hold today in Lagos.
Saturday, November 11, 2017
The Association of Enterprise Risk Management Professional will hold its conference and induction of new members today.
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