In a renewed effort to promote transparency and citizen engagement in economic decision-making, the National Orientation Agency (NOA) and the National Bureau of Statistics (NBS) have jointly unveiled the critical components of the ongoing rebasing of Nigeria’s Gross Domestic Product (GDP).
The collaborative initiative was designed to foster public understanding and inclusivity in the rebasing process, which aims to provide a more accurate and up-to-date picture of the Nigerian economy.
A statement yesterday explained that by shedding light on the revised methodology, updated indicators, and the inclusion of emerging sectors, the agencies are working to ensure that Nigerians not only grasp the nature of the changes but also appreciate their broader economic implications.