Nigeria's GDP Rebase Significant Milestone
7 Articles
7 Articles
Rebased GDP: CPPE Raises Concern Over Underperformance Of Manufacturing, Other Sectors
The Centre for the Promotion of Private Enterprise (CPPE) has commended the recent rebasing of Nigeria’s Gross Domestic Product (GDP) by the National Bureau of Statistics (NBS), describing it as a significant statistical milestone that offers a broader view of the economy. However, the group raised concerns over the underperformance of critical sectors, including agriculture and manufacturing. The NBS had, in July, released the rebased GDP figur…
CPPE Forecasts Nigeria’s GDP To Reach $450 Billion By End Of 2025
The Centre for the Promotion of Private Enterprise (CPPE) has projected that Nigeria’s Gross Domestic Product (GDP) could climb to approximately $450 billion by the end of 2025, a significant economic milestone for Africa’s largest economy. The forecast, announced by CPPE’s Director, Dr. Muda Yusuf, follows the recent rebasing of the nation’s GDP and signals [...] Source from InfoStride News
CPPE Says Nigeria’s GDP May Hit $450 Billion By Year-End » News.ng
Nigeria’s Gross Domestic Product (GDP) could reach $450 billion by the end of 2025, thanks to an ongoing economic rebound, according to the Centre for the Promotion of Private Enterprise (CPPE). Dr. Muda Yusuf, the CEO of CPPE and an economist, shared this projection on Sunday in Lagos. He said the figure is based on fresh GDP data from the National Bureau of Statistics (NBS), which now uses 2019 as the new base year. As of Q1 2025, the GDP stoo…
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