Rebasing Nigeria’s GDP: Tech, creative industry show promise as key economic drivers
- Nigeria plans to rebase its GDP at the end of January 2025.
- Sectors expected to benefit include Marine and Blue Economy, Art, Culture, Tourism, ICT, and Creative Economy.
- Experts predict significant growth in the ICT and entertainment industries post-rebasing.
The upcoming GDP rebasing in Nigeria is a crucial step towards revitalizing the economy and attracting investments. It is essential for the government to leverage this opportunity to address the challenges faced by key sectors, particularly telecommunications, and to create a conducive environment for growth in the ICT and creative industries. The focus should also be on ensuring that the data collected is utilized effectively to inform policy decisions that can lead to sustainable economic development.
