The National Orientation Agency and the National Bureau of Statistics have taken steps to foster public understanding and inclusivity in the ongoing rebasing of Nigeria’s Gross Domestic Product.

The two agencies have unveiled a critical component of the rebasing exercise, shedding light on the revised methodology, updated indicators, and the inclusion of emerging sectors in the country’s economy.

In a statement made available to Saturday PUNCH, the agencies renewed their commitment to providing a more accurate and up-to-date picture of the Nigerian economy at a sensitisation event.

Speaking at the sensitisation event, NOA Director-General, Mallam Isa Lanre-Onilu, emphasised the importance of involving citizens in conversations around national data and planning.

The rebasing of our GDP is not just a statistical adjustment; it is a national exercise that reflects our evolving economy. It is important that Nigerians understand what this means for policy, development, and everyday life,” he said.

The NOA’s involvement in the process underscores its mandate to bridge the gap between government policies and public awareness.

Through nationwide advocacy and sensitisation campaigns, the agency aims to dispel misconceptions surrounding GDP rebasing and promote informed dialogue across all sectors of society.

The GDP rebasing exercise, last conducted in 2014, is essential for aligning national data with global standards and reflecting the true size and structure of the economy.




https://punchng.com/noa-partners-nbs-on-rebasing/