{"id":172395,"date":"2025-08-03T22:23:32","date_gmt":"2025-08-03T21:23:32","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/nigerias-gdp-rebase-significant-milestone-cppe"},"modified":"2025-08-04T00:14:38","modified_gmt":"2025-08-03T23:14:38","slug":"nigerias-gdp-rebase-significant-milestone-cppe","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-gdp-rebase-significant-milestone-cppe","title":{"rendered":"Nigeria\u2019s GDP rebase significant milestone \u2014 CPPE"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The Centre for the Promotion of Private Enterprise has said Nigeria\u2019s recently rebased Gross Domestic Product, GDP, represents a significant milestone in the country\u2019s economic management.<\/p>\n<p>CPPE Chief Executive Officer, Muda Yusuf, disclosed this in a statement on Sunday.<\/p>\n<p>This follows Nigeria\u2019s rebased GDP standing at N372.8 trillion in 2024, according to National Bureau of Statistics data released last month.<\/p>\n<p>CPPE said the data provides a more realistic and comprehensive picture of the economy, which is essential for effective policy formulation, planning and investment decisions.<\/p>\n<p>\u201cGDP rebasing is a critical statistical exercise that updates the base year used for calculating national output, ensuring that the structure of the economy is accurately reflected in line with current realities. By adopting 2019 as the new base year, Nigeria\u2019s GDP figures now incorporate recent changes in consumption patterns, production technologies, and sectoral dynamics,\u201d the economic think tank stated.<\/p>\n<p>CPPE further highlighted key value propositions of GDP rebasing as improved investment and planning decisions, enhanced macroeconomic analysis, and international comparability.<\/p>\n<p>It urged that future rebasing exercises be conducted more regularly and in a timely manner, in line with global standards, to maintain the relevance and credibility of Nigeria\u2019s economic data.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The Centre for the Promotion of Private Enterprise has said Nigeria\u2019s recently rebased Gross Domestic Product, GDP, represents a significant milestone in the country\u2019s economic management. CPPE Chief Executive Officer, Muda Yusuf, disclosed this in a statement on Sunday. This follows Nigeria\u2019s rebased GDP standing at N372.8 trillion in 2024, according to [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":172394,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[10783,342,254],"class_list":["post-172395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-cppe","tag-gdp","tag-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigeria\u2019s GDP rebase significant milestone \u2014 CPPE - Nigeria<\/title>\n<meta name=\"description\" content=\"The Centre for the Promotion of Private Enterprise has said Nigeria\u2019s recently rebased Gross Domestic Product, GDP, repr ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-gdp-rebase-significant-milestone-cppe\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria\u2019s GDP rebase significant milestone \u2014 CPPE\" \/>\n<meta property=\"og:description\" content=\"The Centre for the Promotion of Private Enterprise has said Nigeria\u2019s recently rebased Gross Domestic Product, GDP, repr ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-gdp-rebase-significant-milestone-cppe\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-03T21:23:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-03T23:14:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/08\/sm_1754250386.959927.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"862\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-gdp-rebase-significant-milestone-cppe#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-gdp-rebase-significant-milestone-cppe\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Nigeria\u2019s GDP rebase significant milestone \u2014 CPPE\",\"datePublished\":\"2025-08-03T21:23:32+00:00\",\"dateModified\":\"2025-08-03T23:14:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-gdp-rebase-significant-milestone-cppe\"},\"wordCount\":218,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-gdp-rebase-significant-milestone-cppe#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/08\/sm_1754250386.959927.jpg\",\"keywords\":[\"CPPE\",\"GDP\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-gdp-rebase-significant-milestone-cppe#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-gdp-rebase-significant-milestone-cppe\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-gdp-rebase-significant-milestone-cppe\",\"name\":\"Nigeria\u2019s GDP rebase significant milestone \u2014 CPPE - 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