Nigeria’s GDP Grows Post-Rebase, Yet Still Falls Short of Richest Nation Status in Africa
Nigeria's Economic Growth: A New Perspective
Recent adjustments in Nigeria's economic metrics have led to a strikingly positive revision of the nation’s gross domestic product (GDP). For the first time, extensive measures are capturing the vibrancy of the informal sector, which has long been the lifeblood of millions of Nigerians. In fact, this update paints a more nuanced and realistic picture of the economy—one that resonates with the daily experiences of many individuals.
According to the latest release…