CPPE: Nigeria Needs Self-Reliance Policy in Response to Emerging Global Economic Nationalism, De-globalisation

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Dike Onwuamaeze


The Centre for the Promotion of Private Enterprise (CPPE), has called on the federal government to commit to policy of economic self-reliance and less dependence on other countries in the emerging new global order that is progressively leaning towards economic nationalism, de-globalisation and economic fragmentation.  



The CPPE made this call yesterday in a public statement titled “Trump Effect on the Nigerian Economy,” which also warned that Nigeria’s 2025 budget benchmark of $75 per barrel crude oil could be threatened by the US President Donald Trump’s commitment to achieving lower global oil price by increasing investments in the production of fossil energy in the USA and potential containment of the Russia war on Ukraine and the Israeli’s war in Gaza.

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