The recent revision of Nigeria’s economic indicators, which includes updated figures for unemployment, inflation, and GDP, has ignited discussions. The National Bureau of Statistics (NBS) has adjusted its methods to conform with international standards. This involves reinterpreting employment to include all individuals who are making money, regardless of whether their work is temporary or part-time. Proponents, such as economists from the World Bank, contend that the… Read More “Abuja Updates Economic Metrics, Sparking Discussion on Data Precision.
