Musab Yusuf

Last updated on 2017-10-09T19:07+0300.

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Musab Yusuf said : “These constraints will be more profound on businesses in the real economy. We believe the sluggish pace of recovery will continue to subdue consumer demand, albeit the impact on earnings performance will be disproportionate across sectors” External link

thenationonlineng Sunday, January 3, 2021 4:54:00 AM EAT

Musab Yusuf said : “Foreign Portfolio Investors (FPIs) are concerned about continual rise in negative real return rate on investment due to rising inflation and inability of FPIs to exchange naira repayments into forex. Given that these issues remain unresolved, we believe FPIs will remain cautious about naira-denominated investment securities in the short term,” External link

thenationonlineng Sunday, January 3, 2021 4:54:00 AM EAT

Musab Yusuf said : “These constraints will be more profound on businesses in the real economy. We believe the sluggish pace of recovery will continue to subdue consumer demand, albeit the impact on earnings performance will be disproportionate across sectors” External link

thenationonlineng Monday, December 28, 2020 7:09:00 AM EAT

Musab Yusuf said : “Foreign Portfolio Investors (FPIs) are concerned about continual rise in negative real return rate on investment due to rising inflation and inability of FPIs to exchange naira repayments into forex. Given that these issues remain unresolved, we believe FPIs will remain cautious about naira-denominated investment securities in the short term,” External link

thenationonlineng Monday, December 28, 2020 7:09:00 AM EAT

Musab Yusuf stated : “There has been a sustained expansion in the country’s trade deficit since the start of the year, with cumulative trade deficit at N4.6 trillion in the first nine months of 2020 as exports have grown less rapidly compared to imports. The structure of Nigeria’s export basket remained unchanged as crude exports accounted for 74 per cent of total exports while manufactured goods dominated imports bills between the first and third quarters,” External link

thenationonlineng Monday, December 28, 2020 7:09:00 AM EAT

Musab Yusuf said : “While recovery to growth trajectory is expected to take full course most likely in second quarter 2021 due to base effect of second quarter 2020 when output contracted steeply by 6.1 per cent. We expect the pace of recovery to remain subdued within the region of one percent in year 2021 in the absence of shocks. In our view, Nigeria’s recovery prospects depend largely on oil price and production level as GDP performance in recent quarters has significantly mirrored trends in both variables,” External link

thenationonlineng Monday, December 28, 2020 7:09:00 AM EAT

Musab Yusuf said : “Many manufacturers and service providers in Nigeria are already experiencing acute shortage of raw materials and intermediate inputs. This has implications for capacity utilisation, employment generation [and retention] and adequacy of products’ supply to the domestic market. There is also an implication for inflation and the pressures are already mounting,” External link

thenationonlineng Monday, December 28, 2020 4:02:00 AM EAT

Musab Yusuf said : “Many small businesses depend on cross border trade for a living. Many manufacturers also leverage the ECOWAS Trade Liberalisation Scheme (ETLS) to boost their business. Many also source their raw materials from countries in the sub region,” External link

thenationonlineng Monday, December 21, 2020 5:42:00 AM EAT

Musab Yusuf said : “It is a welcome development. It would be beneficial to the economy and in consonance with the recently ratified AfCFTA. Many small businesses depend on cross border trade for a living. Many manufacturers also leverage the ECOWAS Trade Liberalisation Scheme (ETLS) to boost their business. Many also source their raw materials from countries in the sub region. ‘But there is a need to strengthen the border policing and management mechanisms to avoid a relapse into the conditions that led to the closure in the first place. The biggest challenge with the border management is an institutional issue. We need to demand accountability from the institutions that have the responsibility for border policing and management,” External link

thenationonlineng Friday, December 18, 2020 3:36:00 AM EAT

Musab Yusuf said : "It is a welcome development and will be beneficial to the economy. Many small businesses depend on cross-border trade for a living and many manufacturers also leverage the ECOWAS Trade Liberalization Scheme to boost their business," External link

sinacom-en Thursday, December 17, 2020 5:54:00 PM EAT

Musab Yusuf said : "It is a welcome development and will be beneficial to the economy. Many small businesses depend on cross-border trade for a living and many manufacturers also leverage the ECOWAS Trade Liberalization Scheme to boost their business," External link

xinhuanet_en Thursday, December 17, 2020 5:10:00 PM EAT

Musab Yusuf said : “Sales are slowing, profit margins are being eroded, production costs are escalating, unemployment is rising, poverty situation is worsening, purchasing power is weakening and there is a general social discontent. Regrettably, and as if these were not bad enough, the business community continues to grapple with policy, institutional and regulatory challenges impeding investment,” External link

thenationonlineng Monday, November 23, 2020 6:34:00 AM EAT

Musab Yusuf said : “Following the EndSARS experience, the state of internal security is beginning to impact negatively on investors’ confidence. Security presence is becoming less visible especially in the major cities. The psychological effects could adversely affect investment and economic recovery. We appreciate the setback suffered by the police as a result of the recent protests and we empathize with them. But we need to give security confidence to citizens and investors,” External link

thenationonlineng Monday, November 23, 2020 6:34:00 AM EAT

Musab Yusuf said : “However, deregulation without competition would not give desired outcomes. We are still immersed in a monopolistic structure even as we claim to have deregulated the petroleum downstream sector” External link

ngrguardiannews Sunday, November 22, 2020 8:03:00 AM EAT

Musab Yusuf added : "For an economy seeking to quickly recover and create jobs, monetary policy tightening is not an option," External link

sinacom-en Tuesday, November 17, 2020 7:31:00 PM EAT

Musab Yusuf said : “However, deregulation without competition would not give desired outcomes. We are still immersed in a monopolistic structure even as we claim to have deregulated the petroleum downstream sector, he told The Nation in a chat. He argued that the economy and the citizens cannot get the benefits of deregulation under the current arrangement where the NNPC is still a monopoly in the supply of petrol” External link

thenationonlineng Monday, November 16, 2020 9:28:00 AM EAT

Musab Yusuf said : “A deregulated pricing regime is typically volatile, oscillating with global oil price. However, deregulation without competition would not give desired outcomes” External link

ngrguardiannews Sunday, November 15, 2020 2:40:00 PM EAT

Musab Yusuf told : “Our plea is that the land border should be opened and institutional capacity strengthened for better compliance with the trade policy rules. Legitimate import and export activities should be allowed to resume for economic players, whether small or big,” External link

thenationonlineng Thursday, November 12, 2020 7:35:00 AM EAT

Musab Yusuf stated : “The Opening Ceremony is scheduled to take place on Friday 4th December, 2020 by 10am at the Tafawa Balewa Square (TBS) Onikan, Lagos, while the Closing Ceremony is slated for Sunday 13th December, 2020 at the same venue by 3pm prompt,” External link

tribuneonlineng Monday, November 9, 2020 8:57:00 AM EAT

Musab Yusuf stated : “so far, so good the excitement that the fair has generated has been phenomenal and we are indeed happy about our strategic partnership with our stakeholders” External link

guardian-ng Friday, October 30, 2020 11:33:00 AM EAT

Musab Yusuf told : “Definitely it will negatively impact on the perception of Nigeria as an investment destination” External link

vanguardngr Sunday, October 25, 2020 8:19:00 AM EAT

Musab Yusuf said : “The process of Ehingbeti is about inclusiveness and we know that making the economy progress, is about promoting investment and that is what makes the difference between what Lagos and many other states” External link

dailytrust Tuesday, October 20, 2020 5:09:00 AM EAT

Musab Yusuf said : “This, therefore is a cause for concern,” External link

onlinenigeria Friday, October 9, 2020 7:25:00 AM EAT

Musab Yusuf said : “This, therefore is a cause for concern,” External link

vanguardngr Friday, October 9, 2020 5:21:00 AM EAT

Musab Yusuf said : “The process of Ehingbeti is about inclusiveness and we know that making the economy progress, is about promoting investment and that is what makes the difference between what Lagos and many other states” External link

ngrguardiannews Wednesday, September 30, 2020 5:57:00 AM EAT

Musab Yusuf stated : “The legislation and the subsequent assent were widely applauded by the business community” External link

vanguardngr Tuesday, September 22, 2020 7:22:00 AM EAT

Musab Yusuf said : “For rapid industrialisation, the manufacturing sector should not only serve the domestic market but also the regional and global market. Check out all the countries that have industrialised; they have not limited their industrial sectors to the domestic market. They play global. But you cannot do that if you are not competitive,” External link

ngrguardiannews Thursday, September 10, 2020 10:05:00 AM EAT

Musab Yusuf said : “For rapid industrialisation, the manufacturing sector should not only serve the domestic market but also the regional and global market. Check out all the countries that have industrialised; they have not limited their industrial sectors to the domestic market. They play global. But you cannot do that if you are not competitive,” External link

ngrguardiannews Thursday, September 10, 2020 7:04:00 AM EAT

Musab Yusuf said : “This provision will undermine the confidence of investors in the courier and logistics business and should immediately be repealed. It is a negation of the efforts of the federal government to attract investment, create jobs and grow the economy,” External link

leadership Tuesday, August 4, 2020 8:49:00 AM EAT

Musab Yusuf stated : “This provision will undermine the confidence of investors in the courier and logistics business and should be immediately repealed,” External link

dailytrust Tuesday, August 4, 2020 6:00:00 AM EAT

Musab Yusuf said : “Currently, NIPOST is vested with powers to regulate its competitors; this arrangement is unfair, inequitable, and inherently repressive,” External link

premiumtimesng Monday, August 3, 2020 2:34:00 PM EAT

Musab Yusuf argued : “Currently, NIPOST is vested with powers to regulate its competitors; this arrangement is unfair, inequitable, and inherently repressive” External link

tribuneonlineng Monday, August 3, 2020 1:45:00 PM EAT

Musab Yusuf said : “The growing national debt is a cause for concern as the debt profile grew from N12.6 trillion in 2015 to N27.4 trillion as at December 2019, an increase of 117 percent” External link

vanguardngr Monday, July 20, 2020 5:31:00 PM EAT

Musab Yusuf stated : “All these underline the imperative of reforms to reduce recurrent expenditure, especially the cost of governance. It is critical as well to ensure appropriate policy choices to attract equity domestic and foreign private sector capital for economic and social infrastructure financing” External link

vanguardngr Monday, July 20, 2020 5:31:00 PM EAT

Musab Yusuf said : “The growing national debt is a cause for concern as the debt profile grew from N12.6 trillion in 2015 to N27.4 trillion as at December 2019, an increase of 117 percent” External link

onlinenigeria Monday, July 20, 2020 8:09:00 AM EAT

Musab Yusuf stated : “All these underline the imperative of reforms to reduce recurrent expenditure, especially the cost of governance. It is critical as well to ensure appropriate policy choices to attract equity domestic and foreign private sector capital for economic and social infrastructure financing” External link

onlinenigeria Monday, July 20, 2020 8:09:00 AM EAT

Musab Yusuf said : “The growing national debt is a cause for concern as the debt profile grew from N12.6 trillion in 2015 to N27.4 trillion as at December 2019, an increase of 117 percent” External link

vanguardngr Monday, July 20, 2020 5:57:00 AM EAT

Musab Yusuf stated : “All these underline the imperative of reforms to reduce recurrent expenditure, especially the cost of governance. It is critical as well to ensure appropriate policy choices to attract equity domestic and foreign private sector capital for economic and social infrastructure financing” External link

vanguardngr Monday, July 20, 2020 5:57:00 AM EAT

Musab Yusuf said : “The opportunity cost of high debt service commitment for the economy and citizens is very high, as the economy is denied funding for critical infrastructure projects needed to build a globally competitive economy. There is also the exchange rate risk inherent in the exposure to mounting foreign debt, which we need to worry about,” External link

ngrguardiannews Monday, June 22, 2020 7:48:00 AM EAT

Musab Yusuf said : “Our infrastructural challenge stems from the fact that we are spending far below the recommended $100 billion yearly required to finance our infrastructure deficit under the infrastructure masterplan,” External link

leadership Monday, June 15, 2020 7:00:00 AM EAT

Musab Yusuf said : “Given that sizeable number of Nigerian households operates in the informal economy, harsh economic realities will weaken consumer demand for firm’s products, thus prompting firms to cut production to meet lower demand, with resultant effect being dwindling domestic productivity (GDP),” External link

vanguardngr Monday, June 8, 2020 11:40:00 PM EAT

Musab Yusuf said : “There is a need to reset the policy and regulatory environment to stimulate domestic and foreign investment. The mix of tax, tariff, monetary, foreign exchange, regulatory and investment policies needs to be regularly rejigged to spur economic growth,” External link

vanguardngr Tuesday, May 26, 2020 6:50:00 PM EAT

Musab Yusuf said : “A conservative assumption that sampled business operators lost an average N500,000 each day during the lockdown suggests that each operator lost N17.5 million within the five-week lockdown (March 31-May 3, 2020). This modest estimation indicates that about N2.7 billion was lost in revenue by sampled businesses (N153) to the lockdown. This translates to trillions of naira losses for thousands of businesses operating in Lagos,” External link

vanguardngr Tuesday, May 19, 2020 6:20:00 AM EAT

Musab Yusuf said : “Over the past 20 years, value-added per capita in agriculture has risen by less than 1 percent annually and it is estimated that Nigeria has lost $10 billion in annual export opportunity due to continuous decline in the production of some commodities, according to Food and Agriculture Organisation (FAO). Over the years, Food production increases have not kept pace with population growth, resulting in rising food imports and declining levels of national food self-sufficiency (FMARD, 2008). The main factors undermining production includes reliance on rain for agriculture, smallholder land holding, and low productivity due to poor planting material, low fertilizer application, and a weak agricultural extension system amongst others,” External link

thenationonlineng Wednesday, May 6, 2020 7:56:00 AM EAT

Musab Yusuf said : “This is another laudable initiative which will ensure that these national assets are put to use for the growth and development of our economy,” External link

guardian-ng Wednesday, April 22, 2020 6:42:00 AM EAT

Musab Yusuf said : “The outbreak has profound implications for the Nigeria economy,” External link

thenationonlineng Monday, March 23, 2020 5:37:00 AM EAT

Musab Yusuf said : “The government needs to look beyond tax credit in its quest for complementary funding sources for infrastructure. We should be looking more in the direction of equity financing. But for this to happen the policy and regulatory environment must be right” External link

thenationonlineng Monday, March 23, 2020 5:37:00 AM EAT

Musab Yusuf added : “The sector had been denied private investment over the years because of the challenge of the pricing policy. We hope that this price review signals the commencement of the liberalisation of the sector,” External link

dailytrust Thursday, March 19, 2020 7:12:00 AM EAT

Musab Yusuf said : “The power sector is in a dire strait. Though the issue of providing electricity to more than 200 million Nigerians is not a rocket science, the government can solve the problem in the power sector by using any of the new models in Europe and United States. There are models over there that are working. It is a question of using the right model to fix the multifaceted challenges that are facing the power sector.These are issues around financial capacity of investors, technical capacity, tariff issues, technical and commercial losses, economics of gas supply, gas pricing and the dynamics of the investment assumptions. There are also political and social issues affecting pricing and related issues. We need to take all these on board to get enduring solution” External link

thenationonlineng Thursday, March 19, 2020 6:20:00 AM EAT

Musab Yusuf said : ”Rice smuggling has continued to thrive , despite barring it from the forex market by the CBN” External link

thesourceng Saturday, February 29, 2020 1:29:00 PM EAT

Musab Yusuf said : “One of the biggest challenges of urbanization is traffic congestion. This is more so in a state like Lagos which has the largest population and the smallest land size in the country,” “The growth in the number of vehicles has consistently outpaced the road capacity. The proliferation of the commercial motorcycles and tricycles in Lagos state are manifestations of the shortcomings of the transportation system in Lagos state” External link

ibtimes Friday, February 7, 2020 6:40:00 PM EAT

Musab Yusuf said : ”Rice smuggling has continued to thrive , despite barring it from the forex market by the CBN” External link

thesourceng Tuesday, February 4, 2020 5:35:00 AM EAT

Musab Yusuf maintained : “The above concerns highlight the need for a clear understanding of the contentious issues surrounding previous version of the bill and build stakeholders consensus. The PIB is very critical for Nigeria and we cannot afford to get it wrong or delay its passage any further,” External link

thenationonlineng Sunday, February 2, 2020 5:41:00 AM EAT

Musab Yusuf said : “Indeed, we are very excited as Mabogunje, takes on this responsibility as a member of council of such a prestigious global body. Her election will enhance the LCCI’s role and profile in the global business arena and deepen our global networks. This is valuable for the global perception of Nigerian private sector and our dear country Nigeria,” External link

thisdayonline Monday, January 20, 2020 2:51:00 AM EAT

Musab Yusuf stated : “The focus of the policy on SMEs, retail, mortgage and consumer lending under the proposed lending regime is laudable,” External link

vanguardngr Tuesday, January 14, 2020 5:47:00 PM EAT

Musab Yusuf said : “As a sustainable solution, it is imperative to fix the fundamental issues of high cost of domestic production, the prohibitive cost of cargo clearing at the Lagos ports, prohibitive import tariffs, high cost of logistics within the economy, and border policy capacity” External link

ngrguardiannews Wednesday, January 8, 2020 7:33:00 AM EAT

Musab Yusuf said : “The tariff question is no doubt one of the problems,” External link

dailytimes-NG Tuesday, January 7, 2020 7:33:00 AM EAT

Musab Yusuf said : “The tariff question is no doubt one of the problems,” External link

thenationonlineng Tuesday, January 7, 2020 2:47:00 AM EAT

Musab Yusuf stated : “Her election will enhance the Chamber’s role as a leading advocate of best business policy and practice, with the objective of promoting and protecting the interest of its members and the business community at large,” External link

tribuneonlineng Friday, December 6, 2019 2:57:00 PM EAT

Musab Yusuf said : “One of the critical challenges we face as a nation is that of weak state institutions. This is what has manifested in the escalation of the phenomenon of smuggling. Regrettably, innocent citizens that are struggling to make a living are now being made to pay the price for lapses of ineffectual institutions of the state,” External link

guardian-ng Sunday, November 24, 2019 8:14:00 AM EAT

Musab Yusuf urged : “Border closure does not offer a sustainable solution. It only penalises small players in the informal sector. It also disrupts the supply chains and export transactions of many big firms that do business across the sub-region. The cost of this closure to businesses is phenomenal and would be in billions of naira. It also has implications for the confidence of investors as well.” External link

guardian-ng Sunday, November 24, 2019 8:14:00 AM EAT

Musab Yusuf said : “We have to deal with fundamental issues otherwise you make the citizens to suffer unnecessarily. We need to create infrastructure for agriculture to support the population, and instead of closing the border, which is creating more poverty. Let’s address the insecurity situations across our border. You cannot say institutions have failed and get citizens to pay the price of those institutions. We have a lot of legitimate exporters who exports products to the West African sub regions, their businesses are down and people are suffering” External link

thisdayonline Friday, November 1, 2019 11:25:00 AM EAT

Musab Yusuf said : “We need direct investments, we need industries to create jobs in this country,” External link

jamaicaobserver Wednesday, October 23, 2019 10:22:00 AM EAT

Musab Yusuf said : “We need direct investments, we need industries to create jobs in this country,” External link

mg Tuesday, October 22, 2019 1:08:00 AM EAT

Musab Yusuf said : "We need direct investments, we need industries to create jobs in this country," External link

iran-daily Sunday, October 20, 2019 2:16:00 PM EAT

Musab Yusuf said : "We need direct investments, we need industries to create jobs in this country," External link

ibtimes Sunday, October 20, 2019 8:15:00 AM EAT

Musab Yusuf said : “We need to do things differently, if we must get a different result,” External link

thenationonlineng Thursday, October 17, 2019 2:16:00 AM EAT

Musab Yusuf said : “We have not seen details under the finance bill, but the President said there is a finance bill, and until we see details as contained in the finance bill, we will not be able to analyse what it is” External link

guardian-ng Friday, October 11, 2019 10:40:00 AM EAT

Musab Yusuf added ( about Oxford Business ) : “As a market leader, Oxford Business Group has played a strategic key role in filling this void since launching its operations here ten years ago as it furnished representatives from both the private and public sectors with extensive, accurate data and analysis on the rapidly changing domestic landscape,” External link

thisdayonline Thursday, October 10, 2019 5:23:00 AM EAT

Musab Yusuf said : “The automobile sector was hit by the double shock of currency depreciation of over 80 per cent over the last six years, and an import duty hike to 70 per cent on new cars and 35 per cent on used vehicles and commercial vehicles” External link

thenationonlineng Thursday, October 10, 2019 2:51:00 AM EAT

Musab Yusuf said : ”Rice smuggling has continued to thrive , despite barring it from the forex market by the CBN” External link

thesourceng Tuesday, October 8, 2019 10:02:00 PM EAT

Musab Yusuf added : “The LCCI commends the decision to set up an Economic Advisory Council made up of economists of repute. This would surely facilitate the bridging of the skill gaps in economic management and foster the development of a sustainable framework for the acceleration of economic growth and development” External link

ngrguardiannews Wednesday, October 2, 2019 11:33:00 AM EAT

Musab Yusuf added : “The LCCI commends the decision to set up an Economic Advisory Council made up of economists of repute. This would surely facilitate the bridging of the skill gaps in economic management and foster the development of a sustainable framework for the acceleration of economic growth and development” External link

ngrguardiannews Wednesday, October 2, 2019 6:56:00 AM EAT

Musab Yusuf said : “There are too many regulations in the country and the damage it is doing to the economy is enormous. To do business with integrity in Nigeria today is a tall order,” External link

guardian-ng Thursday, September 26, 2019 10:42:00 AM EAT

Musab Yusuf said : “The emphasis should be on enriching the forex policy, building domestic capacity and addressing the structure of the policy,” External link

thenationonlineng Thursday, September 26, 2019 10:07:00 AM EAT

Musab Yusuf said : “Over 80 per cent of West African cross-border trade is by road,” External link

thenationonlineng Thursday, September 26, 2019 6:48:00 AM EAT

Musab Yusuf said : “More than 80% of West African cross-border trade is by road,” External link

businessday Wednesday, September 25, 2019 4:26:00 PM EAT

Musab Yusuf said : “Over 80% of West African cross-border trade is by road,” External link

CitiFMGhana Wednesday, September 25, 2019 4:03:00 PM EAT

Musab Yusuf said : “To do business with integrity in Nigeria today is a tall order,” External link

dailytimes-NG Wednesday, September 25, 2019 1:39:00 PM EAT

Musab Yusuf said : “We have a situation whereby the CBN has taken over matters of trade market. It is a major problem and it is causing a great disruption” External link

thisdayonline Wednesday, September 25, 2019 11:42:00 AM EAT

Musab Yusuf said : “To do business with integrity in Nigeria today is a tall order,” External link

nan Wednesday, September 25, 2019 10:15:00 AM EAT

Musab Yusuf said : “To do business with integrity in Nigeria today is a tall order, ” External link

pulse Tuesday, September 24, 2019 11:51:00 PM EAT

Musab Yusuf said ( about Association ) : “The scaling down of the capital budget in the 2020 fiscal year is a reflection of the serious fiscal challenges facing us as a nation. In the last few years, funding capital projects had been very difficult. It has also been increasingly difficult to meet revenue targets. I believe this is just a matter of facing the reality of the moment. It also underscores the challenges of fiscal viability that we need to begin to deal with. Some tough choices would have to be made if we must fix this problem. Recurrent expenditure is increasingly crowding out capital spending. It is not a good omen for the development of our infrastructure and the progress of the Nigerian economy. HEALTH: ‘We won’t see any major improvement’ By Chioma Obinna. Speaking to Sunday Vanguard, National President of Nigerian Medical Association, NMA, Dr Francis Faduyile said the development may worsen the problems in the health sector. He said:” External link

vanguardngr Sunday, September 22, 2019 10:01:00 AM EAT

Musab Yusuf said : “At a time like this, the economy needs such a team to pull the economy back from the brink. The economy craves a critical mass of private sector investment to stem the current slide and declines in the economy. We need to boost the confidence of investors for such private capital flows to happen. The economy desires policies that are coherent, consistent, coordinated, synchronised and transparent. The economy should be managed in such a way to harness the bountiful entrepreneurial energies and resourcefulness of the Nigerian people,” External link

dailytrust Sunday, September 22, 2019 8:47:00 AM EAT

Musab Yusuf stated : “We acknowledge that government is currently facing severe revenue challenges which have been impeding its capacity to provide basic services and infrastructure to the citizens. But it is important to realise that there is a relationship between investment growth, private sector development, economic performance and revenue performance of government,” External link

tribuneonlineng Monday, September 16, 2019 7:06:00 AM EAT

Musab Yusuf said : “If policy and regulatory risks continue to escalate as we are currently experiencing, the chances of stimulating investment, whether domestic or foreign, would remain dim. Over the last couple of years, food inflation had been a source of worry. It has consistently been ahead of core inflation. This is reflection of the productivity challenges in the agricultural sector which has lately been complicated by security challenges across the country and attacks on farming communities,” External link

thenationonlineng Sunday, August 25, 2019 4:27:00 AM EAT

Musab Yusuf said : “We at LCCI believe that this is part of the bold initiatives of the bank with a corporate culture founded upon strong organizational values and performance-driven operating standards” External link

dailytimes-NG Friday, August 16, 2019 5:44:00 AM EAT

Musab Yusuf said : “We also need to support agro processing which is manufacturing and farmers to increase their productivity,” External link

thisdayonline Thursday, August 15, 2019 8:08:00 AM EAT

Musab Yusuf said ( about Federal Executive ) : “Also, the absence of ministers means that you don’t have a Federal Executive Council, which meets once in a week to take very important decisions that affect the economy and certain aspects of budget implementation. "You know that sometimes when talking about awarding major contracts, they take it to FEC and if you don’t have FEC in place, you may not move forward with such decisions. That is also taking its toll on the economy and it means those decisions and the projects cannot take place” External link

pulse Monday, July 22, 2019 11:26:00 AM EAT

Musab Yusuf added : “So, this is not the time to appoint ministers that are only in the cabinet to represent the interest of their political godfathers because of the money these godfathers might have spent during the election,” External link

thisdayonline Thursday, July 11, 2019 8:37:00 AM EAT

Musab Yusuf stated : “The earlier we have the list sent when the Ninth National Assembly is formed the better. It will also help to reduce uncertainty. If the list is sent as soon as the Assembly takes shape, in the next three to four weeks, confirmation should have been concluded,” External link

leadership Sunday, July 7, 2019 5:25:00 AM EAT

Musab Yusuf explained : “So, it is good that we have agreed to sign so that we can be on the negotiation table to get the best out of AfCFTA,” External link

thisdayonline Thursday, July 4, 2019 6:39:00 AM EAT

Musab Yusuf said : "It is a welcome development. Though it is coming rather late. It's better late than never," External link

modernghana Wednesday, July 3, 2019 3:09:00 PM EAT

Musab Yusuf said : "It is a welcome development. Though it is coming rather late. It's better late than never," External link

pulse Wednesday, July 3, 2019 2:59:00 PM EAT

Musab Yusuf said : "It is a welcome development. Though it is coming rather late. It's better late than never," External link

afp-en Wednesday, July 3, 2019 1:35:00 PM EAT

Musab Yusuf said : “The agreement is not cast in stone. It should be seen as work in progress. If we can function within ECOWAS, I believe we can function in AFCTA” External link

guardian-ng Friday, June 28, 2019 7:20:00 AM EAT

Musab Yusuf said : “Many of the firms are under the heavy burden of debt servicing, which is very costly. So, I don’t see anything wrong in easing the pressure for them with this kind of facility. I don’t support the idea of excluding them completely from the facility,” External link

thenationonlineng Thursday, June 20, 2019 3:32:00 AM EAT

Musab Yusuf said : “We have to strengthen the institutional capacity to enforce compliance, and so we need to reduce the age limit to about 10 years, we need to reduce the tariff so that more decent vehicles so that more decent vehicles can be affordable to the average Nigerians. The tariff on new vehicles is 70 per cent, and this is outrageous. These are some of the policies we should get the government to change” External link

sunnewsonline Monday, June 17, 2019 6:47:00 AM EAT

Musab Yusuf added : “In an economy which is almost 50 per cent informal, this structure of taxation is not investment friendly as the formal sector of the economy bears the largest burden of the tax system,” External link

sunnewsonline Wednesday, June 5, 2019 5:34:00 AM EAT

Musab Yusuf said : ”Rice smuggling has continued to thrive , despite barring it from the forex market by the CBN” External link

thesourceng Saturday, May 4, 2019 3:04:00 AM EAT

Musab Yusuf said : “This is typically not good for investors’ confidence, either from a foreign investors’ perspective, or from domestic investors’ standpoint,” External link

dailytrust Monday, April 22, 2019 9:20:00 AM EAT

Musab Yusuf explained : “The CAM Bill 2018 is therefore a laudable move to make the legislation more contemporary and also bringing it in alignment with the Ease of Doing Business Agenda of the present administration,” External link

thisdayonline Monday, April 22, 2019 4:53:00 AM EAT

Musab Yusuf noted : “The presidents assent to this bill would also position the SMEs in the economy to contribute to the realisation of the objectives of the Economic Recovery & Growth Plan (ERGP),” External link

thisdayonline Monday, April 22, 2019 4:53:00 AM EAT

Musab Yusuf added : “Monetary policy is about managing liquidity [or money supply] to influence the direction of credit, exchange rate and inflation. Trade policy formulation is not within the remit of the CBN. It is an inter-ministerial responsibility involving the Finance, Budget and Planning, Industry, Trade and Investment Ministries” External link

ngrguardiannews Monday, March 25, 2019 10:13:00 AM EAT

Musab Yusuf added : “Monetary policy is about managing liquidity [or money supply] to influence the direction of credit, exchange rate and inflation. Trade policy formulation is not within the remit of the CBN. It is an inter-ministerial responsibility involving the Finance, Budget and Planning, Industry, Trade and Investment Ministries” External link

guardian-ng Monday, March 25, 2019 8:08:00 AM EAT

Musab Yusuf said : “We need to address all these other variables that are not on the list of the EoDB parameters,” External link

thenationonlineng Monday, March 18, 2019 11:42:00 PM EAT

Musab Yusuf said : “We need to address all these other variables that are not on the list of the EoDB parameters,” External link

thenationonlineng Thursday, March 14, 2019 11:48:00 PM EAT

Musab Yusuf expliqué : “Entre maintenant et la nouvelle date prévue, le rythme des activités économiques diminuera considérablement car il existe déjà un problème de confiance. Les partis politiques ont soulevé des problèmes concernant la confiance dans l’Inec (commission électorale), et d’autres parties prenantes ont soulevé des problèmes concernant la confiance dans cet organe. Quand vous avez une crise de confiance, cela affecte l‘économie” External link

AfricaNews-French Tuesday, February 19, 2019 7:50:00 PM EAT

Musab Yusuf ajouté : “Le secteur de l’aviation, par exemple, a connu une réduction drastique du trafic pour l’entrée et la sortie du pays. Le secteur maritime en raison de l’activité des cargaisons portuaires a considérablement diminué. Dans le secteur des services financiers, les activités ont également fortement chuté” External link

AfricaNews-French Tuesday, February 19, 2019 7:50:00 PM EAT

Musab Yusuf sublinhou : "parcialmente paralisada na sexta-feira e totalmente no Sábado" External link

novojornal Tuesday, February 19, 2019 1:17:00 PM EAT

Musab Yusuf diz : “O custo económico do adiamento das eleições é imenso” External link

portaldeangola Monday, February 18, 2019 9:15:00 PM EAT

Musab Yusuf diz : "O custo económico do adiamento das eleições é imenso" External link

africa21online Monday, February 18, 2019 3:52:00 PM EAT

Musab Yusuf said : “The cost to the economy of the postponement of the election is horrendous,” External link

businessday Sunday, February 17, 2019 11:59:00 PM EAT

Musab Yusuf diz : "O custo económico do adiamento das eleições é imenso" External link

deutschewelle-pt_BR Sunday, February 17, 2019 6:22:00 PM EAT

Musab Yusuf said : "The cost to the economy of the postponement of the election is horrendous," External link

nation-ke Sunday, February 17, 2019 5:15:00 PM EAT

Musab Yusuf said : "The cost to the economy of the postponement of the election is horrendous," External link

nampa Sunday, February 17, 2019 3:51:00 PM EAT

Musab Yusuf said : “The disruptions to businesses resulting from sudden freezing of bank accounts for reasons of alleged default in tax payment has caused irreparable reputational damage to many businesses,” External link

dailytimes-NG Tuesday, February 12, 2019 3:48:00 PM EAT

Musab Yusuf said : “The disruptions to businesses resulting from a sudden freezing of bank accounts for reasons of alleged default in tax payment has caused irreparable reputational damage to many businesses,” External link

dailytrust Tuesday, February 12, 2019 12:48:00 PM EAT

Musab Yusuf said : “Issues of power, transportation, security and our regulatory environment are not captured. We need to address all these other variables that are not on the list of the EoDB parameters,” External link

thenationonlineng Friday, February 1, 2019 2:29:00 AM EAT

Musab Yusuf added : “Other implications of the Auto Policy for the economy include high transportation cost resulting from the prohibitive cost of vehicles largely because of the high import tariff and levy; increase in smuggling resulting from the high import duty and levy as well as the huge duty differential with our neighbouring countries; huge loss of customs revenue as vehicle imports from official channels drop and smuggling increases” External link

guardian-ng Wednesday, January 30, 2019 7:37:00 AM EAT

Musab Yusuf stated : “Government should give further tax concessions and waivers to the assembly plants in the spirit of the auto policy. Other incentives for assembly plants and tyre industries for acquisition of machineries and equipment should be retained as contained in the Automotive policy” External link

vanguardngr Tuesday, January 29, 2019 6:34:00 AM EAT

Musab Yusuf stated : “I have a bit of problem in terms of recognising whether it is important to build a strong economy so that we can deliver a very good social investment or whether we should face social investment and make the economy the secondary. I think it is a bit of a dilemma for me. If you look at all the leading economies today, there is a correlation between the size of their economy and the welfare of their citizens. The correlation may not be 100 per cent, but clearly, there is a correlation” External link

vanguardngr Monday, January 21, 2019 3:30:00 AM EAT

Musab Yusuf said : “If you look at all the leading economies today, there is a correlation between the size of their economy and the welfare of their citizens. The correlation may not be 100 per cent, but clearly, there is a correlation. When we talk about human development index or the quality of human life, it requires a great deal of investment and you need resources to make that investment” External link

vanguardngr Friday, January 18, 2019 7:13:00 AM EAT

Musab Yusuf said ( about Ikeja Lagos ) : “The economy of Lagos is strategic to the national economy, since Lagos is the commercial nerve centre of Nigeria. The economic and business agenda of the Governorship Candidates is therefore of strategic importance to investors not just in Lagos, but in the whole country. It is therefore important for private sector stakeholders in Lagos to have an insight into the thinking of the candidates on the trajectory for the Lagos economy” External link

ngrguardiannews Thursday, January 3, 2019 6:44:00 AM EAT

Musab Yusuf explained : “given the challenging economic conditions, key policy reforms would be imperative to support and sustain macroeconomic stability. These include, among others, a foreign exchange management framework that reflects the market fundamentals, the acceleration of the economic diversification agenda, normalisation of Lagos ports environment, the oil and gas sector reform, especially the petroleum industry bill; reduction in the cost of governance at all levels; improvements in the domestic revenue (particularly independent revenue) to reduce volatility of government revenues, among others” External link

leadership Thursday, January 3, 2019 5:59:00 AM EAT



Key Titles and Phrases Count Lang Last Seen
director23.66%EN10/21/201721/10/2017
managing director3.23%EN10/21/201721/10/2017
director-general39.78%EN10/09/201709/10/2017
general6.45%EN08/26/201726/08/2017
brigadier general3.23%EN08/24/201724/08/2017
president2.15%EN12/31/201631/12/2016
head of the lagos3.23%EN10/26/201626/10/2016
directeur6.45%FR10/25/201625/10/2016
director-general of the lagos1.08%EN07/18/201618/07/2016
chairman of the lagos1.08%EN07/11/201611/07/2016
spokesman5.38%EN06/23/201623/06/2016
head4.30%EN02/06/201506/02/2015
Names Lang Count
Muda YusufEN79.12%
Musa YusufEN15.26%
Muda YusufFR5.62%
Musab YusufTR0.00%


 
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AfricaBrief

Musab Yusuf

Last updated on 2017-10-09T19:07+0300.

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Musab Yusuf said : “These constraints will be more profound on businesses in the real economy. We believe the sluggish pace of recovery will continue to subdue consumer demand, albeit the impact on earnings performance will be disproportionate across sectors” External link

thenationonlineng Sunday, January 3, 2021 4:54:00 AM EAT

Musab Yusuf said : “Foreign Portfolio Investors (FPIs) are concerned about continual rise in negative real return rate on investment due to rising inflation and inability of FPIs to exchange naira repayments into forex. Given that these issues remain unresolved, we believe FPIs will remain cautious about naira-denominated investment securities in the short term,” External link

thenationonlineng Sunday, January 3, 2021 4:54:00 AM EAT

Musab Yusuf said : “These constraints will be more profound on businesses in the real economy. We believe the sluggish pace of recovery will continue to subdue consumer demand, albeit the impact on earnings performance will be disproportionate across sectors” External link

thenationonlineng Monday, December 28, 2020 7:09:00 AM EAT

Musab Yusuf said : “Foreign Portfolio Investors (FPIs) are concerned about continual rise in negative real return rate on investment due to rising inflation and inability of FPIs to exchange naira repayments into forex. Given that these issues remain unresolved, we believe FPIs will remain cautious about naira-denominated investment securities in the short term,” External link

thenationonlineng Monday, December 28, 2020 7:09:00 AM EAT

Musab Yusuf stated : “There has been a sustained expansion in the country’s trade deficit since the start of the year, with cumulative trade deficit at N4.6 trillion in the first nine months of 2020 as exports have grown less rapidly compared to imports. The structure of Nigeria’s export basket remained unchanged as crude exports accounted for 74 per cent of total exports while manufactured goods dominated imports bills between the first and third quarters,” External link

thenationonlineng Monday, December 28, 2020 7:09:00 AM EAT

Musab Yusuf said : “While recovery to growth trajectory is expected to take full course most likely in second quarter 2021 due to base effect of second quarter 2020 when output contracted steeply by 6.1 per cent. We expect the pace of recovery to remain subdued within the region of one percent in year 2021 in the absence of shocks. In our view, Nigeria’s recovery prospects depend largely on oil price and production level as GDP performance in recent quarters has significantly mirrored trends in both variables,” External link

thenationonlineng Monday, December 28, 2020 7:09:00 AM EAT

Musab Yusuf said : “Many manufacturers and service providers in Nigeria are already experiencing acute shortage of raw materials and intermediate inputs. This has implications for capacity utilisation, employment generation [and retention] and adequacy of products’ supply to the domestic market. There is also an implication for inflation and the pressures are already mounting,” External link

thenationonlineng Monday, December 28, 2020 4:02:00 AM EAT

Musab Yusuf said : “Many small businesses depend on cross border trade for a living. Many manufacturers also leverage the ECOWAS Trade Liberalisation Scheme (ETLS) to boost their business. Many also source their raw materials from countries in the sub region,” External link

thenationonlineng Monday, December 21, 2020 5:42:00 AM EAT

Musab Yusuf said : “It is a welcome development. It would be beneficial to the economy and in consonance with the recently ratified AfCFTA. Many small businesses depend on cross border trade for a living. Many manufacturers also leverage the ECOWAS Trade Liberalisation Scheme (ETLS) to boost their business. Many also source their raw materials from countries in the sub region. ‘But there is a need to strengthen the border policing and management mechanisms to avoid a relapse into the conditions that led to the closure in the first place. The biggest challenge with the border management is an institutional issue. We need to demand accountability from the institutions that have the responsibility for border policing and management,” External link

thenationonlineng Friday, December 18, 2020 3:36:00 AM EAT

Musab Yusuf said : "It is a welcome development and will be beneficial to the economy. Many small businesses depend on cross-border trade for a living and many manufacturers also leverage the ECOWAS Trade Liberalization Scheme to boost their business," External link

sinacom-en Thursday, December 17, 2020 5:54:00 PM EAT

Musab Yusuf said : "It is a welcome development and will be beneficial to the economy. Many small businesses depend on cross-border trade for a living and many manufacturers also leverage the ECOWAS Trade Liberalization Scheme to boost their business," External link

xinhuanet_en Thursday, December 17, 2020 5:10:00 PM EAT

Musab Yusuf said : “Sales are slowing, profit margins are being eroded, production costs are escalating, unemployment is rising, poverty situation is worsening, purchasing power is weakening and there is a general social discontent. Regrettably, and as if these were not bad enough, the business community continues to grapple with policy, institutional and regulatory challenges impeding investment,” External link

thenationonlineng Monday, November 23, 2020 6:34:00 AM EAT

Musab Yusuf said : “Following the EndSARS experience, the state of internal security is beginning to impact negatively on investors’ confidence. Security presence is becoming less visible especially in the major cities. The psychological effects could adversely affect investment and economic recovery. We appreciate the setback suffered by the police as a result of the recent protests and we empathize with them. But we need to give security confidence to citizens and investors,” External link

thenationonlineng Monday, November 23, 2020 6:34:00 AM EAT

Musab Yusuf said : “However, deregulation without competition would not give desired outcomes. We are still immersed in a monopolistic structure even as we claim to have deregulated the petroleum downstream sector” External link

ngrguardiannews Sunday, November 22, 2020 8:03:00 AM EAT

Musab Yusuf added : "For an economy seeking to quickly recover and create jobs, monetary policy tightening is not an option," External link

sinacom-en Tuesday, November 17, 2020 7:31:00 PM EAT

Musab Yusuf said : “However, deregulation without competition would not give desired outcomes. We are still immersed in a monopolistic structure even as we claim to have deregulated the petroleum downstream sector, he told The Nation in a chat. He argued that the economy and the citizens cannot get the benefits of deregulation under the current arrangement where the NNPC is still a monopoly in the supply of petrol” External link

thenationonlineng Monday, November 16, 2020 9:28:00 AM EAT

Musab Yusuf said : “A deregulated pricing regime is typically volatile, oscillating with global oil price. However, deregulation without competition would not give desired outcomes” External link

ngrguardiannews Sunday, November 15, 2020 2:40:00 PM EAT

Musab Yusuf told : “Our plea is that the land border should be opened and institutional capacity strengthened for better compliance with the trade policy rules. Legitimate import and export activities should be allowed to resume for economic players, whether small or big,” External link

thenationonlineng Thursday, November 12, 2020 7:35:00 AM EAT

Musab Yusuf stated : “The Opening Ceremony is scheduled to take place on Friday 4th December, 2020 by 10am at the Tafawa Balewa Square (TBS) Onikan, Lagos, while the Closing Ceremony is slated for Sunday 13th December, 2020 at the same venue by 3pm prompt,” External link

tribuneonlineng Monday, November 9, 2020 8:57:00 AM EAT

Musab Yusuf stated : “so far, so good the excitement that the fair has generated has been phenomenal and we are indeed happy about our strategic partnership with our stakeholders” External link

guardian-ng Friday, October 30, 2020 11:33:00 AM EAT

Musab Yusuf told : “Definitely it will negatively impact on the perception of Nigeria as an investment destination” External link

vanguardngr Sunday, October 25, 2020 8:19:00 AM EAT

Musab Yusuf said : “The process of Ehingbeti is about inclusiveness and we know that making the economy progress, is about promoting investment and that is what makes the difference between what Lagos and many other states” External link

dailytrust Tuesday, October 20, 2020 5:09:00 AM EAT

Musab Yusuf said : “This, therefore is a cause for concern,” External link

onlinenigeria Friday, October 9, 2020 7:25:00 AM EAT

Musab Yusuf said : “This, therefore is a cause for concern,” External link

vanguardngr Friday, October 9, 2020 5:21:00 AM EAT

Musab Yusuf said : “The process of Ehingbeti is about inclusiveness and we know that making the economy progress, is about promoting investment and that is what makes the difference between what Lagos and many other states” External link

ngrguardiannews Wednesday, September 30, 2020 5:57:00 AM EAT

Musab Yusuf stated : “The legislation and the subsequent assent were widely applauded by the business community” External link

vanguardngr Tuesday, September 22, 2020 7:22:00 AM EAT

Musab Yusuf said : “For rapid industrialisation, the manufacturing sector should not only serve the domestic market but also the regional and global market. Check out all the countries that have industrialised; they have not limited their industrial sectors to the domestic market. They play global. But you cannot do that if you are not competitive,” External link

ngrguardiannews Thursday, September 10, 2020 10:05:00 AM EAT

Musab Yusuf said : “For rapid industrialisation, the manufacturing sector should not only serve the domestic market but also the regional and global market. Check out all the countries that have industrialised; they have not limited their industrial sectors to the domestic market. They play global. But you cannot do that if you are not competitive,” External link

ngrguardiannews Thursday, September 10, 2020 7:04:00 AM EAT

Musab Yusuf said : “This provision will undermine the confidence of investors in the courier and logistics business and should immediately be repealed. It is a negation of the efforts of the federal government to attract investment, create jobs and grow the economy,” External link

leadership Tuesday, August 4, 2020 8:49:00 AM EAT

Musab Yusuf stated : “This provision will undermine the confidence of investors in the courier and logistics business and should be immediately repealed,” External link

dailytrust Tuesday, August 4, 2020 6:00:00 AM EAT

Musab Yusuf said : “Currently, NIPOST is vested with powers to regulate its competitors; this arrangement is unfair, inequitable, and inherently repressive,” External link

premiumtimesng Monday, August 3, 2020 2:34:00 PM EAT

Musab Yusuf argued : “Currently, NIPOST is vested with powers to regulate its competitors; this arrangement is unfair, inequitable, and inherently repressive” External link

tribuneonlineng Monday, August 3, 2020 1:45:00 PM EAT

Musab Yusuf said : “The growing national debt is a cause for concern as the debt profile grew from N12.6 trillion in 2015 to N27.4 trillion as at December 2019, an increase of 117 percent” External link

vanguardngr Monday, July 20, 2020 5:31:00 PM EAT

Musab Yusuf stated : “All these underline the imperative of reforms to reduce recurrent expenditure, especially the cost of governance. It is critical as well to ensure appropriate policy choices to attract equity domestic and foreign private sector capital for economic and social infrastructure financing” External link

vanguardngr Monday, July 20, 2020 5:31:00 PM EAT

Musab Yusuf said : “The growing national debt is a cause for concern as the debt profile grew from N12.6 trillion in 2015 to N27.4 trillion as at December 2019, an increase of 117 percent” External link

onlinenigeria Monday, July 20, 2020 8:09:00 AM EAT

Musab Yusuf stated : “All these underline the imperative of reforms to reduce recurrent expenditure, especially the cost of governance. It is critical as well to ensure appropriate policy choices to attract equity domestic and foreign private sector capital for economic and social infrastructure financing” External link

onlinenigeria Monday, July 20, 2020 8:09:00 AM EAT

Musab Yusuf said : “The growing national debt is a cause for concern as the debt profile grew from N12.6 trillion in 2015 to N27.4 trillion as at December 2019, an increase of 117 percent” External link

vanguardngr Monday, July 20, 2020 5:57:00 AM EAT

Musab Yusuf stated : “All these underline the imperative of reforms to reduce recurrent expenditure, especially the cost of governance. It is critical as well to ensure appropriate policy choices to attract equity domestic and foreign private sector capital for economic and social infrastructure financing” External link

vanguardngr Monday, July 20, 2020 5:57:00 AM EAT

Musab Yusuf said : “The opportunity cost of high debt service commitment for the economy and citizens is very high, as the economy is denied funding for critical infrastructure projects needed to build a globally competitive economy. There is also the exchange rate risk inherent in the exposure to mounting foreign debt, which we need to worry about,” External link

ngrguardiannews Monday, June 22, 2020 7:48:00 AM EAT

Musab Yusuf said : “Our infrastructural challenge stems from the fact that we are spending far below the recommended $100 billion yearly required to finance our infrastructure deficit under the infrastructure masterplan,” External link

leadership Monday, June 15, 2020 7:00:00 AM EAT

Musab Yusuf said : “Given that sizeable number of Nigerian households operates in the informal economy, harsh economic realities will weaken consumer demand for firm’s products, thus prompting firms to cut production to meet lower demand, with resultant effect being dwindling domestic productivity (GDP),” External link

vanguardngr Monday, June 8, 2020 11:40:00 PM EAT

Musab Yusuf said : “There is a need to reset the policy and regulatory environment to stimulate domestic and foreign investment. The mix of tax, tariff, monetary, foreign exchange, regulatory and investment policies needs to be regularly rejigged to spur economic growth,” External link

vanguardngr Tuesday, May 26, 2020 6:50:00 PM EAT

Musab Yusuf said : “A conservative assumption that sampled business operators lost an average N500,000 each day during the lockdown suggests that each operator lost N17.5 million within the five-week lockdown (March 31-May 3, 2020). This modest estimation indicates that about N2.7 billion was lost in revenue by sampled businesses (N153) to the lockdown. This translates to trillions of naira losses for thousands of businesses operating in Lagos,” External link

vanguardngr Tuesday, May 19, 2020 6:20:00 AM EAT

Musab Yusuf said : “Over the past 20 years, value-added per capita in agriculture has risen by less than 1 percent annually and it is estimated that Nigeria has lost $10 billion in annual export opportunity due to continuous decline in the production of some commodities, according to Food and Agriculture Organisation (FAO). Over the years, Food production increases have not kept pace with population growth, resulting in rising food imports and declining levels of national food self-sufficiency (FMARD, 2008). The main factors undermining production includes reliance on rain for agriculture, smallholder land holding, and low productivity due to poor planting material, low fertilizer application, and a weak agricultural extension system amongst others,” External link

thenationonlineng Wednesday, May 6, 2020 7:56:00 AM EAT

Musab Yusuf said : “This is another laudable initiative which will ensure that these national assets are put to use for the growth and development of our economy,” External link

guardian-ng Wednesday, April 22, 2020 6:42:00 AM EAT

Musab Yusuf said : “The outbreak has profound implications for the Nigeria economy,” External link

thenationonlineng Monday, March 23, 2020 5:37:00 AM EAT

Musab Yusuf said : “The government needs to look beyond tax credit in its quest for complementary funding sources for infrastructure. We should be looking more in the direction of equity financing. But for this to happen the policy and regulatory environment must be right” External link

thenationonlineng Monday, March 23, 2020 5:37:00 AM EAT

Musab Yusuf added : “The sector had been denied private investment over the years because of the challenge of the pricing policy. We hope that this price review signals the commencement of the liberalisation of the sector,” External link

dailytrust Thursday, March 19, 2020 7:12:00 AM EAT

Musab Yusuf said : “The power sector is in a dire strait. Though the issue of providing electricity to more than 200 million Nigerians is not a rocket science, the government can solve the problem in the power sector by using any of the new models in Europe and United States. There are models over there that are working. It is a question of using the right model to fix the multifaceted challenges that are facing the power sector.These are issues around financial capacity of investors, technical capacity, tariff issues, technical and commercial losses, economics of gas supply, gas pricing and the dynamics of the investment assumptions. There are also political and social issues affecting pricing and related issues. We need to take all these on board to get enduring solution” External link

thenationonlineng Thursday, March 19, 2020 6:20:00 AM EAT

Musab Yusuf said : ”Rice smuggling has continued to thrive , despite barring it from the forex market by the CBN” External link

thesourceng Saturday, February 29, 2020 1:29:00 PM EAT

Musab Yusuf said : “One of the biggest challenges of urbanization is traffic congestion. This is more so in a state like Lagos which has the largest population and the smallest land size in the country,” “The growth in the number of vehicles has consistently outpaced the road capacity. The proliferation of the commercial motorcycles and tricycles in Lagos state are manifestations of the shortcomings of the transportation system in Lagos state” External link

ibtimes Friday, February 7, 2020 6:40:00 PM EAT

Musab Yusuf said : ”Rice smuggling has continued to thrive , despite barring it from the forex market by the CBN” External link

thesourceng Tuesday, February 4, 2020 5:35:00 AM EAT

Musab Yusuf maintained : “The above concerns highlight the need for a clear understanding of the contentious issues surrounding previous version of the bill and build stakeholders consensus. The PIB is very critical for Nigeria and we cannot afford to get it wrong or delay its passage any further,” External link

thenationonlineng Sunday, February 2, 2020 5:41:00 AM EAT

Musab Yusuf said : “Indeed, we are very excited as Mabogunje, takes on this responsibility as a member of council of such a prestigious global body. Her election will enhance the LCCI’s role and profile in the global business arena and deepen our global networks. This is valuable for the global perception of Nigerian private sector and our dear country Nigeria,” External link

thisdayonline Monday, January 20, 2020 2:51:00 AM EAT

Musab Yusuf stated : “The focus of the policy on SMEs, retail, mortgage and consumer lending under the proposed lending regime is laudable,” External link

vanguardngr Tuesday, January 14, 2020 5:47:00 PM EAT

Musab Yusuf said : “As a sustainable solution, it is imperative to fix the fundamental issues of high cost of domestic production, the prohibitive cost of cargo clearing at the Lagos ports, prohibitive import tariffs, high cost of logistics within the economy, and border policy capacity” External link

ngrguardiannews Wednesday, January 8, 2020 7:33:00 AM EAT

Musab Yusuf said : “The tariff question is no doubt one of the problems,” External link

dailytimes-NG Tuesday, January 7, 2020 7:33:00 AM EAT

Musab Yusuf said : “The tariff question is no doubt one of the problems,” External link

thenationonlineng Tuesday, January 7, 2020 2:47:00 AM EAT

Musab Yusuf stated : “Her election will enhance the Chamber’s role as a leading advocate of best business policy and practice, with the objective of promoting and protecting the interest of its members and the business community at large,” External link

tribuneonlineng Friday, December 6, 2019 2:57:00 PM EAT

Musab Yusuf said : “One of the critical challenges we face as a nation is that of weak state institutions. This is what has manifested in the escalation of the phenomenon of smuggling. Regrettably, innocent citizens that are struggling to make a living are now being made to pay the price for lapses of ineffectual institutions of the state,” External link

guardian-ng Sunday, November 24, 2019 8:14:00 AM EAT

Musab Yusuf urged : “Border closure does not offer a sustainable solution. It only penalises small players in the informal sector. It also disrupts the supply chains and export transactions of many big firms that do business across the sub-region. The cost of this closure to businesses is phenomenal and would be in billions of naira. It also has implications for the confidence of investors as well.” External link

guardian-ng Sunday, November 24, 2019 8:14:00 AM EAT

Musab Yusuf said : “We have to deal with fundamental issues otherwise you make the citizens to suffer unnecessarily. We need to create infrastructure for agriculture to support the population, and instead of closing the border, which is creating more poverty. Let’s address the insecurity situations across our border. You cannot say institutions have failed and get citizens to pay the price of those institutions. We have a lot of legitimate exporters who exports products to the West African sub regions, their businesses are down and people are suffering” External link

thisdayonline Friday, November 1, 2019 11:25:00 AM EAT

Musab Yusuf said : “We need direct investments, we need industries to create jobs in this country,” External link

jamaicaobserver Wednesday, October 23, 2019 10:22:00 AM EAT

Musab Yusuf said : “We need direct investments, we need industries to create jobs in this country,” External link

mg Tuesday, October 22, 2019 1:08:00 AM EAT

Musab Yusuf said : "We need direct investments, we need industries to create jobs in this country," External link

iran-daily Sunday, October 20, 2019 2:16:00 PM EAT

Musab Yusuf said : "We need direct investments, we need industries to create jobs in this country," External link

ibtimes Sunday, October 20, 2019 8:15:00 AM EAT

Musab Yusuf said : “We need to do things differently, if we must get a different result,” External link

thenationonlineng Thursday, October 17, 2019 2:16:00 AM EAT

Musab Yusuf said : “We have not seen details under the finance bill, but the President said there is a finance bill, and until we see details as contained in the finance bill, we will not be able to analyse what it is” External link

guardian-ng Friday, October 11, 2019 10:40:00 AM EAT

Musab Yusuf added ( about Oxford Business ) : “As a market leader, Oxford Business Group has played a strategic key role in filling this void since launching its operations here ten years ago as it furnished representatives from both the private and public sectors with extensive, accurate data and analysis on the rapidly changing domestic landscape,” External link

thisdayonline Thursday, October 10, 2019 5:23:00 AM EAT

Musab Yusuf said : “The automobile sector was hit by the double shock of currency depreciation of over 80 per cent over the last six years, and an import duty hike to 70 per cent on new cars and 35 per cent on used vehicles and commercial vehicles” External link

thenationonlineng Thursday, October 10, 2019 2:51:00 AM EAT

Musab Yusuf said : ”Rice smuggling has continued to thrive , despite barring it from the forex market by the CBN” External link

thesourceng Tuesday, October 8, 2019 10:02:00 PM EAT

Musab Yusuf added : “The LCCI commends the decision to set up an Economic Advisory Council made up of economists of repute. This would surely facilitate the bridging of the skill gaps in economic management and foster the development of a sustainable framework for the acceleration of economic growth and development” External link

ngrguardiannews Wednesday, October 2, 2019 11:33:00 AM EAT

Musab Yusuf added : “The LCCI commends the decision to set up an Economic Advisory Council made up of economists of repute. This would surely facilitate the bridging of the skill gaps in economic management and foster the development of a sustainable framework for the acceleration of economic growth and development” External link

ngrguardiannews Wednesday, October 2, 2019 6:56:00 AM EAT

Musab Yusuf said : “There are too many regulations in the country and the damage it is doing to the economy is enormous. To do business with integrity in Nigeria today is a tall order,” External link

guardian-ng Thursday, September 26, 2019 10:42:00 AM EAT

Musab Yusuf said : “The emphasis should be on enriching the forex policy, building domestic capacity and addressing the structure of the policy,” External link

thenationonlineng Thursday, September 26, 2019 10:07:00 AM EAT

Musab Yusuf said : “Over 80 per cent of West African cross-border trade is by road,” External link

thenationonlineng Thursday, September 26, 2019 6:48:00 AM EAT

Musab Yusuf said : “More than 80% of West African cross-border trade is by road,” External link

businessday Wednesday, September 25, 2019 4:26:00 PM EAT

Musab Yusuf said : “Over 80% of West African cross-border trade is by road,” External link

CitiFMGhana Wednesday, September 25, 2019 4:03:00 PM EAT

Musab Yusuf said : “To do business with integrity in Nigeria today is a tall order,” External link

dailytimes-NG Wednesday, September 25, 2019 1:39:00 PM EAT

Musab Yusuf said : “We have a situation whereby the CBN has taken over matters of trade market. It is a major problem and it is causing a great disruption” External link

thisdayonline Wednesday, September 25, 2019 11:42:00 AM EAT

Musab Yusuf said : “To do business with integrity in Nigeria today is a tall order,” External link

nan Wednesday, September 25, 2019 10:15:00 AM EAT

Musab Yusuf said : “To do business with integrity in Nigeria today is a tall order, ” External link

pulse Tuesday, September 24, 2019 11:51:00 PM EAT

Musab Yusuf said ( about Association ) : “The scaling down of the capital budget in the 2020 fiscal year is a reflection of the serious fiscal challenges facing us as a nation. In the last few years, funding capital projects had been very difficult. It has also been increasingly difficult to meet revenue targets. I believe this is just a matter of facing the reality of the moment. It also underscores the challenges of fiscal viability that we need to begin to deal with. Some tough choices would have to be made if we must fix this problem. Recurrent expenditure is increasingly crowding out capital spending. It is not a good omen for the development of our infrastructure and the progress of the Nigerian economy. HEALTH: ‘We won’t see any major improvement’ By Chioma Obinna. Speaking to Sunday Vanguard, National President of Nigerian Medical Association, NMA, Dr Francis Faduyile said the development may worsen the problems in the health sector. He said:” External link

vanguardngr Sunday, September 22, 2019 10:01:00 AM EAT

Musab Yusuf said : “At a time like this, the economy needs such a team to pull the economy back from the brink. The economy craves a critical mass of private sector investment to stem the current slide and declines in the economy. We need to boost the confidence of investors for such private capital flows to happen. The economy desires policies that are coherent, consistent, coordinated, synchronised and transparent. The economy should be managed in such a way to harness the bountiful entrepreneurial energies and resourcefulness of the Nigerian people,” External link

dailytrust Sunday, September 22, 2019 8:47:00 AM EAT

Musab Yusuf stated : “We acknowledge that government is currently facing severe revenue challenges which have been impeding its capacity to provide basic services and infrastructure to the citizens. But it is important to realise that there is a relationship between investment growth, private sector development, economic performance and revenue performance of government,” External link

tribuneonlineng Monday, September 16, 2019 7:06:00 AM EAT

Musab Yusuf said : “If policy and regulatory risks continue to escalate as we are currently experiencing, the chances of stimulating investment, whether domestic or foreign, would remain dim. Over the last couple of years, food inflation had been a source of worry. It has consistently been ahead of core inflation. This is reflection of the productivity challenges in the agricultural sector which has lately been complicated by security challenges across the country and attacks on farming communities,” External link

thenationonlineng Sunday, August 25, 2019 4:27:00 AM EAT

Musab Yusuf said : “We at LCCI believe that this is part of the bold initiatives of the bank with a corporate culture founded upon strong organizational values and performance-driven operating standards” External link

dailytimes-NG Friday, August 16, 2019 5:44:00 AM EAT

Musab Yusuf said : “We also need to support agro processing which is manufacturing and farmers to increase their productivity,” External link

thisdayonline Thursday, August 15, 2019 8:08:00 AM EAT

Musab Yusuf said ( about Federal Executive ) : “Also, the absence of ministers means that you don’t have a Federal Executive Council, which meets once in a week to take very important decisions that affect the economy and certain aspects of budget implementation. "You know that sometimes when talking about awarding major contracts, they take it to FEC and if you don’t have FEC in place, you may not move forward with such decisions. That is also taking its toll on the economy and it means those decisions and the projects cannot take place” External link

pulse Monday, July 22, 2019 11:26:00 AM EAT

Musab Yusuf added : “So, this is not the time to appoint ministers that are only in the cabinet to represent the interest of their political godfathers because of the money these godfathers might have spent during the election,” External link

thisdayonline Thursday, July 11, 2019 8:37:00 AM EAT

Musab Yusuf stated : “The earlier we have the list sent when the Ninth National Assembly is formed the better. It will also help to reduce uncertainty. If the list is sent as soon as the Assembly takes shape, in the next three to four weeks, confirmation should have been concluded,” External link

leadership Sunday, July 7, 2019 5:25:00 AM EAT

Musab Yusuf explained : “So, it is good that we have agreed to sign so that we can be on the negotiation table to get the best out of AfCFTA,” External link

thisdayonline Thursday, July 4, 2019 6:39:00 AM EAT

Musab Yusuf said : "It is a welcome development. Though it is coming rather late. It's better late than never," External link

modernghana Wednesday, July 3, 2019 3:09:00 PM EAT

Musab Yusuf said : "It is a welcome development. Though it is coming rather late. It's better late than never," External link

pulse Wednesday, July 3, 2019 2:59:00 PM EAT

Musab Yusuf said : "It is a welcome development. Though it is coming rather late. It's better late than never," External link

afp-en Wednesday, July 3, 2019 1:35:00 PM EAT

Musab Yusuf said : “The agreement is not cast in stone. It should be seen as work in progress. If we can function within ECOWAS, I believe we can function in AFCTA” External link

guardian-ng Friday, June 28, 2019 7:20:00 AM EAT

Musab Yusuf said : “Many of the firms are under the heavy burden of debt servicing, which is very costly. So, I don’t see anything wrong in easing the pressure for them with this kind of facility. I don’t support the idea of excluding them completely from the facility,” External link

thenationonlineng Thursday, June 20, 2019 3:32:00 AM EAT

Musab Yusuf said : “We have to strengthen the institutional capacity to enforce compliance, and so we need to reduce the age limit to about 10 years, we need to reduce the tariff so that more decent vehicles so that more decent vehicles can be affordable to the average Nigerians. The tariff on new vehicles is 70 per cent, and this is outrageous. These are some of the policies we should get the government to change” External link

sunnewsonline Monday, June 17, 2019 6:47:00 AM EAT

Musab Yusuf added : “In an economy which is almost 50 per cent informal, this structure of taxation is not investment friendly as the formal sector of the economy bears the largest burden of the tax system,” External link

sunnewsonline Wednesday, June 5, 2019 5:34:00 AM EAT

Musab Yusuf said : ”Rice smuggling has continued to thrive , despite barring it from the forex market by the CBN” External link

thesourceng Saturday, May 4, 2019 3:04:00 AM EAT

Musab Yusuf said : “This is typically not good for investors’ confidence, either from a foreign investors’ perspective, or from domestic investors’ standpoint,” External link

dailytrust Monday, April 22, 2019 9:20:00 AM EAT

Musab Yusuf explained : “The CAM Bill 2018 is therefore a laudable move to make the legislation more contemporary and also bringing it in alignment with the Ease of Doing Business Agenda of the present administration,” External link

thisdayonline Monday, April 22, 2019 4:53:00 AM EAT

Musab Yusuf noted : “The presidents assent to this bill would also position the SMEs in the economy to contribute to the realisation of the objectives of the Economic Recovery & Growth Plan (ERGP),” External link

thisdayonline Monday, April 22, 2019 4:53:00 AM EAT

Musab Yusuf added : “Monetary policy is about managing liquidity [or money supply] to influence the direction of credit, exchange rate and inflation. Trade policy formulation is not within the remit of the CBN. It is an inter-ministerial responsibility involving the Finance, Budget and Planning, Industry, Trade and Investment Ministries” External link

ngrguardiannews Monday, March 25, 2019 10:13:00 AM EAT

Musab Yusuf added : “Monetary policy is about managing liquidity [or money supply] to influence the direction of credit, exchange rate and inflation. Trade policy formulation is not within the remit of the CBN. It is an inter-ministerial responsibility involving the Finance, Budget and Planning, Industry, Trade and Investment Ministries” External link

guardian-ng Monday, March 25, 2019 8:08:00 AM EAT

Musab Yusuf said : “We need to address all these other variables that are not on the list of the EoDB parameters,” External link

thenationonlineng Monday, March 18, 2019 11:42:00 PM EAT

Musab Yusuf said : “We need to address all these other variables that are not on the list of the EoDB parameters,” External link

thenationonlineng Thursday, March 14, 2019 11:48:00 PM EAT

Musab Yusuf expliqué : “Entre maintenant et la nouvelle date prévue, le rythme des activités économiques diminuera considérablement car il existe déjà un problème de confiance. Les partis politiques ont soulevé des problèmes concernant la confiance dans l’Inec (commission électorale), et d’autres parties prenantes ont soulevé des problèmes concernant la confiance dans cet organe. Quand vous avez une crise de confiance, cela affecte l‘économie” External link

AfricaNews-French Tuesday, February 19, 2019 7:50:00 PM EAT

Musab Yusuf ajouté : “Le secteur de l’aviation, par exemple, a connu une réduction drastique du trafic pour l’entrée et la sortie du pays. Le secteur maritime en raison de l’activité des cargaisons portuaires a considérablement diminué. Dans le secteur des services financiers, les activités ont également fortement chuté” External link

AfricaNews-French Tuesday, February 19, 2019 7:50:00 PM EAT

Musab Yusuf sublinhou : "parcialmente paralisada na sexta-feira e totalmente no Sábado" External link

novojornal Tuesday, February 19, 2019 1:17:00 PM EAT

Musab Yusuf diz : “O custo económico do adiamento das eleições é imenso” External link

portaldeangola Monday, February 18, 2019 9:15:00 PM EAT

Musab Yusuf diz : "O custo económico do adiamento das eleições é imenso" External link

africa21online Monday, February 18, 2019 3:52:00 PM EAT

Musab Yusuf said : “The cost to the economy of the postponement of the election is horrendous,” External link

businessday Sunday, February 17, 2019 11:59:00 PM EAT

Musab Yusuf diz : "O custo económico do adiamento das eleições é imenso" External link

deutschewelle-pt_BR Sunday, February 17, 2019 6:22:00 PM EAT

Musab Yusuf said : "The cost to the economy of the postponement of the election is horrendous," External link

nation-ke Sunday, February 17, 2019 5:15:00 PM EAT

Musab Yusuf said : "The cost to the economy of the postponement of the election is horrendous," External link

nampa Sunday, February 17, 2019 3:51:00 PM EAT

Musab Yusuf said : “The disruptions to businesses resulting from sudden freezing of bank accounts for reasons of alleged default in tax payment has caused irreparable reputational damage to many businesses,” External link

dailytimes-NG Tuesday, February 12, 2019 3:48:00 PM EAT

Musab Yusuf said : “The disruptions to businesses resulting from a sudden freezing of bank accounts for reasons of alleged default in tax payment has caused irreparable reputational damage to many businesses,” External link

dailytrust Tuesday, February 12, 2019 12:48:00 PM EAT

Musab Yusuf said : “Issues of power, transportation, security and our regulatory environment are not captured. We need to address all these other variables that are not on the list of the EoDB parameters,” External link

thenationonlineng Friday, February 1, 2019 2:29:00 AM EAT

Musab Yusuf added : “Other implications of the Auto Policy for the economy include high transportation cost resulting from the prohibitive cost of vehicles largely because of the high import tariff and levy; increase in smuggling resulting from the high import duty and levy as well as the huge duty differential with our neighbouring countries; huge loss of customs revenue as vehicle imports from official channels drop and smuggling increases” External link

guardian-ng Wednesday, January 30, 2019 7:37:00 AM EAT

Musab Yusuf stated : “Government should give further tax concessions and waivers to the assembly plants in the spirit of the auto policy. Other incentives for assembly plants and tyre industries for acquisition of machineries and equipment should be retained as contained in the Automotive policy” External link

vanguardngr Tuesday, January 29, 2019 6:34:00 AM EAT

Musab Yusuf stated : “I have a bit of problem in terms of recognising whether it is important to build a strong economy so that we can deliver a very good social investment or whether we should face social investment and make the economy the secondary. I think it is a bit of a dilemma for me. If you look at all the leading economies today, there is a correlation between the size of their economy and the welfare of their citizens. The correlation may not be 100 per cent, but clearly, there is a correlation” External link

vanguardngr Monday, January 21, 2019 3:30:00 AM EAT

Musab Yusuf said : “If you look at all the leading economies today, there is a correlation between the size of their economy and the welfare of their citizens. The correlation may not be 100 per cent, but clearly, there is a correlation. When we talk about human development index or the quality of human life, it requires a great deal of investment and you need resources to make that investment” External link

vanguardngr Friday, January 18, 2019 7:13:00 AM EAT

Musab Yusuf said ( about Ikeja Lagos ) : “The economy of Lagos is strategic to the national economy, since Lagos is the commercial nerve centre of Nigeria. The economic and business agenda of the Governorship Candidates is therefore of strategic importance to investors not just in Lagos, but in the whole country. It is therefore important for private sector stakeholders in Lagos to have an insight into the thinking of the candidates on the trajectory for the Lagos economy” External link

ngrguardiannews Thursday, January 3, 2019 6:44:00 AM EAT

Musab Yusuf explained : “given the challenging economic conditions, key policy reforms would be imperative to support and sustain macroeconomic stability. These include, among others, a foreign exchange management framework that reflects the market fundamentals, the acceleration of the economic diversification agenda, normalisation of Lagos ports environment, the oil and gas sector reform, especially the petroleum industry bill; reduction in the cost of governance at all levels; improvements in the domestic revenue (particularly independent revenue) to reduce volatility of government revenues, among others” External link

leadership Thursday, January 3, 2019 5:59:00 AM EAT



Key Titles and Phrases Count Lang Last Seen
director23.66%EN10/21/201721/10/2017
managing director3.23%EN10/21/201721/10/2017
director-general39.78%EN10/09/201709/10/2017
general6.45%EN08/26/201726/08/2017
brigadier general3.23%EN08/24/201724/08/2017
president2.15%EN12/31/201631/12/2016
head of the lagos3.23%EN10/26/201626/10/2016
directeur6.45%FR10/25/201625/10/2016
director-general of the lagos1.08%EN07/18/201618/07/2016
chairman of the lagos1.08%EN07/11/201611/07/2016
spokesman5.38%EN06/23/201623/06/2016
head4.30%EN02/06/201506/02/2015
Names Lang Count
Muda YusufEN79.12%
Musa YusufEN15.26%
Muda YusufFR5.62%
Musab YusufTR0.00%


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