Beyond GDP, UNCTAD to launch new economic indicators for measuring countries prosperity
GDP does not capture progress in well-being, equity, inclusiveness or sustainability – and it was designed as a measure of economic activity.
GDP does not capture progress in well-being, equity, inclusiveness or sustainability – and it was designed as a measure of economic activity.
Danmaliki emphasize that since the Tinubu-led government assumed office, inflation has surged, fuel prices have skyrocketed, the naira has collapsed, and the cost of food and transportation has become unbearable for many households.
Of Nigeria’s 14 industrial zones, activity levels in Abuja declined to 36.7% from 39.5%; Bauchi/Benue and Plateau dropped from 36.2% to 35.8%, while Kwara/Kogi decreased from 57.8% to 52.6%