Rebased GDP has no effect on welfare of Nigerians – NLC - TopicsExpress

Rebased GDP has no effect on welfare of Nigerians – NLC ------------------- The Nigeria Labour Congress, NLC, has warned Nigerians not to see Sunday’s rebasing of the country’s Gross Domestic Product, GDP, as having any change in either their welfare conditions or the country’s well-being. “Rebasing the country’s GDP does not affect anything,” he said. “Neither the welfare of the citizens nor the well-being of the country would change. In re-computing the country’s GDP and identifying the correct size of the economy only sends correct signals to investors (local and foreign) and planners... Read more goo.gl/jaCXER

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