NBS To Include Prostitution, Other Illegal Activities In GDP Calculation - Politics (2)

NBS To Include Prostitution, Other Illegal Activities In GDP Calculation - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › NBS To Include Prostitution, Other Illegal Activities In GDP Calculation (8395 Views)

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Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by Hemanwel(m): 11:30am On Jan 10, 2025

Tre

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by oluseyiforjesus(m): 11:31am On Jan 10, 2025

I no get

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by AmazingELixir: 11:31am On Jan 10, 2025

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by CodeTemplarr: 11:31am On Jan 10, 2025

Racoon:
What ignomy! Unto what ends? Why this craze with revenue drive? So olosho now is a revenue generating endeavor in Nigeria today. HISBAH over to you guys.

that is like legalizing prostitution.

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by Bobloco: 11:31am On Jan 10, 2025

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by keymatt(m): 11:32am On Jan 10, 2025*

Are we surprised huh

Drug barons are known promoters and sponsors of prostitution worldwide. Tifnubu is just doing his thing as per drug dealer. grin

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Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by dogo568: 11:33am On Jan 10, 2025

Abeg when are they going to rebase it?

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by Hisroyalbadmeat(m): 11:37am On Jan 10, 2025

Choi

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by lexy2014: 11:37am On Jan 10, 2025

EmeeNaka:
How can you include illegal activities in GDP computation? So they have to include Internet fraud, Armed robbery, banditry, and all sort of things, provided they bring earnings.

desperation from tinubu to show that he is working

2 Likes

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by ufotunang: 11:38am On Jan 10, 2025

kettykin:
Like creating a ministry of prostitution and allocating a huge budgetary allocation for it or how do you mean

..and also appointing a minister of prostitution 🤣🤣🤣🤣🤣

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by ufotunang: 11:40am On Jan 10, 2025

The incompetent president Tinubu want to legalize prostitution and drugs taking?,...it's a pity

1 Like

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by ufotunang: 11:43am On Jan 10, 2025

magoo10:
The APC government will soon start building infrastructures for prostitutes

..and establish a ministry of prostitution and appoint a minister of prostitution...it's a pity

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by ufotunang: 11:44am On Jan 10, 2025

This is the results of voting a druglord as president...it's a pity

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Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by smokinloud(m): 11:49am On Jan 10, 2025

Urheadmaster:

Omo, prostitution has been added to Nigeria's GDP templates.

What this mean is that prostitution has been legalized and that prostitutes are now expected to pay taxes

No, it doesn't mean it has been legalised. It just means that our GDP is higher than what NBS is capturing.

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Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by phemray(m): 11:49am On Jan 10, 2025

Urheadmaster:

Omo, prostitution has been added to Nigeria's GDP templates.

What this mean is that prostitution has been legalized and that prostitutes are now expected to pay taxes

Am not sure it was illegal before, otherwise the hotels will not accept them and hookups will not be possible. It's more of moral issue

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by smokinloud(m): 11:50am On Jan 10, 2025

dogo568:
Abeg when are they going to rebase it?

They've said this year.

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by 3ice9ce: 11:50am On Jan 10, 2025

You want to add prostitution and drugs to GDP when drug dealers and prostitutes are being arrested.

What kind of nonsense is this?

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by smokinloud(m): 11:51am On Jan 10, 2025

CodeTemplarr:
that is like legalizing prostitution.

They just want to capture the real size of the economy. No legalising anything.

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by Ready2speak: 11:52am On Jan 10, 2025

EmeeNaka:
How can you include illegal activities in GDP computation? So they have to include Internet fraud, Armed robbery, banditry, and all sort of things, provided they bring earnings.

Dem for include kidnapping.

Confused lots.

1 Like

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by ChiefOkporghe: 11:52am On Jan 10, 2025

nedu666:
Since its about making money and contributing to the economy. Yahoo boys should be included. Make govt no joke with those guys, them dey bring in forex steady.

After that govt should include those stealing our oil and selling it illegally. Those people are contributing to the economy

Then piracy should be included. Imagine the forex those guys have saved us by faking gucci, versace, balenciaga, Louis Victor abi vutton

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by Sheuns(m): 11:55am On Jan 10, 2025

SLIDEwaxie:
Some people are simply backward. European countries do this to boost their status as far as GDP is concerned, which in turn attracts investors by numbers. So dey there, dey play

Mention 1 of such countries.

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by CodeTemplarr: 12:00pm On Jan 10, 2025

smokinloud:
They just want to capture the real size of the economy. No legalising anything.

I hope gambling and theft too are considered.

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by ehikwe22: 12:16pm On Jan 10, 2025

The other time, they said that almajiri and beggars are employed because they earn money. This time it's prostitution is an industry.

When you have an oluwole president, everything will be FIXING. IF he doesn't like this, instead of going through the process to earn it, he'll infix it

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Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by nwirinedu(m): 12:20pm On Jan 10, 2025

I have always been advocating for this that it should be included in the nations GDP, developed countries in the world do this.

Its fast-becoming global best practice, feminist in the forum should be very proud of their accomplishments.

1 Like

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by Germi9: 12:26pm On Jan 10, 2025

Urheadmaster:

Omo, prostitution has been added to Nigeria's GDP templates.

What this mean is that prostitution has been legalized and that prostitutes are now expected to pay taxes

Prostitution, one of the oldest hustles of all time. Just like 419

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by DeOTR: 12:27pm On Jan 10, 2025

mrvitalis:
All in a bid to artificially increase or GDP tinubu government crushed

You also ignore the fact that they're also including PFA and NHS? Is that one artificial too?

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by psucc(m): 12:27pm On Jan 10, 2025

The activity is Haram while the Proceeds is Halal! Good economists and of course, the best economic team so far

Bank interest rate now is 39.95% p.a

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by magicminister: 12:29pm On Jan 10, 2025

you cannot propaganda your way into economic prosperity.
They rebased unemployment to 3% and now looking to cook statistics to rebase gdp to an unrealistic outcome.
Lmao! Nigerians do not hate APC enough.

1 Like

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by SalamRushdie: 12:30pm On Jan 10, 2025

Just look at how Tinubu is willing to go to declare fake GDP

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by SalamRushdie: 12:31pm On Jan 10, 2025

magicminister:
you cannot propaganda your way into economic prosperity.
They rebased unemployment to 3% and now looking to cook statistics to rebase gdp to an unrealistic outcome.
Lmao! Nigerians do not hate APC enough.

Shameless bunch

Re: NBS To Include Prostitution, Other Illegal Activities In GDP Calculation by Hassanmaye(m): 12:37pm On Jan 10, 2025

treesun:
https://www.vanguardngr.com/2025/01/nbs-to-include-prostitution-other-illegal-activities-in-gdp-calculation/

Hahahaha

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