LAGOS — The Centre for the Promotion of Private Enterprise has backed the government's economic reforms but says the focus should now move from stability to productivity. Responding to the finance minister's reform scorecard, CPPE Chief Executive Muda Yusuf noted that the electricity sector contracted 15.3 per cent in the first quarter and that petrol prices have risen from about N185 to as much as N1,400 per litre. He called on states to show results from the extra revenue they receive and warned that reversing the reforms would be damaging.
CPPE Backs Reforms but Urges Shift to Productivity
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