Friday, July 10, 2026

Add kidnapping, armed robbery, banditry to Nigeria’s GDP indicators, netizens mock NBS

“Our GDP and CPI allow us to align with these transformations, providing a more precise and relevant picture of Nigeria’s economic landscape,” said the statistician-general.

• January 14, 2025
Suspected armed robbers, Bandits, NBS
Suspected armed robbers, Bandits, NBS

Netizens have called on the National Bureau of Statistics to include armed robbery, ritual killing and internet fraud in its computation of Nigeria’s gross domestic product in mockery of the bureau’s plan to add illicit drugs to the country’s GDP indicators.

On Thursday, the NBS disclosed a plan to include drug peddling and other illegal activities in Nigeria’s GDP at a sensitisation workshop on GDP and Consumer Price Index (CPI) rebasing, organised in collaboration with the Nigerian Economic Summit Group (NESG) in Lagos. 

During the workshop, Baba Madu, the NBS head of national accounts, explained that including illegal activities in the GDP estimation aligns with best practices.

Adeyemi Adeniran, statistician-general of the federation and CEO of the NBS, spoke about the importance of GDP and CPI rebasing.

Mr Adeniran explained that rebasing “our GDP and CPI allow us to align with these transformations, providing a more precise and relevant picture of Nigeria’s economic landscape.” 

This latest approach to recalibrating the nation’s GDP has drawn the ire of several Nigerians online.

An X user, @Bonnyjoe11, said, “It’s an act of desperation. I hope they include armed robbery, banditry and rituals to cover all illicit activities.”

Another user, @KingEmelex, added, “Very soon, they may add skull mining and kidnapping to Nigeria’s GDP indicators.”

@oluwaseun_ajede suggested, “Let’s include banditry, Lakurawa, Yahoo Yahoo, IPOB, Almajiri, armed robbery, kidnapping, and oil bunkering in the economy to inflate the GDP figures.”

Others questioned the NBS’ decision, with some referencing President Bola Tinubu’s past involvement in drug trafficking when he forfeited $460,000 to the U.S. government in the 1990s.

“Is it okay and official now to say that @officialABAT is a drug lord who stole his way into power and is now trying to make drug-dealing official in Nigeria?” asked @velele17.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Heading 4

South African police arrest Zimbabwean Zandile Tshuma over murder of wife, daughters in UK

The police spokesperson said the suspect is expected to appear in court on Monday.

President Bola Tinubu

States

Tinubu lauds rescue of Oyo pupils, teachers; vows justice for victims

Mr Tinubu vowed to get justice for the victims, including the mathematics teacher, murdered while in captivity.

Kidnapped Oyo schoolchildren, teachers regain freedom after about two months in captivity

Ibadan

Oyo Abduction: Eight suspects arrested, several killed, presidency says

The presidential aide noted that the victims were rescued without any concessions to the perpetrators.

Adekunle Ajasin University, Akungba, Akoko (AAUA)

Education

Ondo varsity lecturers begin indefinite strike over unpaid salaries

The strike action commenced following the resolution reached at the union’s congress on Friday over the non-payment of May and June salaries.

Vandalised telecom facility

States

Vandalism of national assets attracts 25-year jail term, NSCDC warns

The NSCDC commandant explained that vandalising national assets affects national security, the economy, and human lives.

Police

States

Police arrest two suspected kidnappers in Kwara

The suspects were identified as Sauni Shehu and Auwalu Bala.