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Open Access. Powered by Scholars. Published by Universities.®

Economics

Central Bank of Nigeria

Bullion

2014

Gross domestic product

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Gdp Rebasing And Implications For Fss 2020., Oluwatoyin Jokosenumi Dec 2014

Gdp Rebasing And Implications For Fss 2020., Oluwatoyin Jokosenumi

Bullion

A resilient economy founded upon a reliable financial system, is attainable upon the creation and management of a sound and progressive economic statistics and indicators such as the Gross Domestic Products (GDP) and other scholars’ parameters. This paper examines the GDP rebasing and its impact on Nigeria’s investment. The paper explains the concept of GDP; the need to maintain a strategic GDP; how it is computed and / or rebased. This is then followed by examining its implications, on all economic programs.