NEWS: NBS Says Drug Sales, Other Illegal Activities to Be Used in GDP Calculation

NBS Says Drug Sales, Other Illegal Activities to Be Used in GDP Calculation

Illegal activities like pr*stitution and drug sales will now be included in the nation’s Gross Domestic Product, or GDPAdditionally, NBS recommended 2019 as the new GDP base year and 2024 as the new base year for calculating inflationIllegal activities will be in accordance with national best practices, according to the head of national accounts at the NBS

Henzodaily.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

The country’s Gross…

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