Nigeria, Aug. 23 -- The Centre for the Promotion of Private Enterprise (CPPE) has backed the Federal Government's economic reform programme, saying the measures have produced measurable improvements in Nigeria's fiscal and macroeconomic position.

The group, however, said the gains would have limited meaning unless they translate into higher productivity, increased investment, more jobs and improved living standards for Nigerians.

The CPPE made the position known in a statement issued by its Chief Executive Officer, Muda Yusuf, on Sunday, five days after the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, presented the Federal Government's economic reform scorecard.

The scorecard, presented on 19 August in A...