ABUJA (Reuters) – Nigeria plans to rebase its gross home product (GDP) and inflation information by the top of the month to seize adjustments in sure sectors of the financial system and mirror present development and consumption patterns, its statistics workplace stated on Monday.
The Nationwide Bureau of Statistics stated some sectors of the Nigerian financial system have skilled vital development for the reason that final rebasing in 2014. These sectors now require correct illustration within the GDP compilation.
It added that marine and blue financial system, arts, tradition, and tourism, info and communication know-how and e-commerce actions had been amongst these sectors.
The earlier rebasing in 2014 positioned Nigeria as Africa’s largest financial system.