Nigeria's GDP Rebase: What You Need to Know

Rebasing 101: Understanding Economic Metrics in Nigeria 📊🇳🇬

Join us as we delve into the critical topic of rebasing in economic metrics! We'll explain what rebasing means, why updating the base year is vital for accurate economic conditions, and its impacts on analysis and policy-making. Discover the significance of GDP and CPI base years and the recent buzz on social media. We'll also discuss concerns about Nigeria's inflation rates, the base effect, and historical inflation trends during Sani Abacha's presidency. Learn why rebasing should happen every five years and the potential benefits of including underrepresented sectors. Transparency and adherence to global standards are key!

🔥 Don't forget to like and share this video with those interested in Nigeria's economy!