The Centre for the Promotion of Private Enterprise, CPPE, has advocated coherent mix of fiscal, monetary, and structural reforms in order to ensure inflation deceleration in Nigeria.
Nigeria’s headline inflation continued its downward trajectory for the fifth consecutive month in August 2025, signalling a steady return to price stability. The inflation rate eased to 20.12%, down from 21.88% in July.
Besides, month-on-month inflation reduced drastically, with prices rising by just 0.74% in August compared with 1.99% in July.
In a statement on Tuesday, the Chief Executive Officer of CPPE, Dr.Muda Yusuf, emphasized the need to continue stabilizing the exchange rate and deepen fiscal consolidation to curb deficits and manage public debt prudently.
On address of structural bottlenecks, the statement advised the central government to collaborate with state governments to remove productivity constraints, as well as invest in infrastructure, logistics, and security to improve output and reduce costs.
The government, Yusuf, said, should moderate money supply growth through tighter monetary-fiscal coordination, align fiscal, tax, and trade policies to reduce production and operating costs across sectors.
Healso said the government should sustain the implementation of targeted interventions such as input subsidies, storage facilities, and mechanization programs to lower food production costs and ease pressure on household budgets
He added:”If these measures are sustained, Nigeria could witness a further decline in inflation, a gradual rebound in consumer confidence, and stronger foundations for inclusive and sustainable economic growth.”
