Oyedele spoke at the Lagos Chamber of Commerce and Industry (LCCI) 2025 Economic Review and Outlook Conference on Thursday in Lagos on the plan by the National Bureau of Statisticss to rebase Nigeria’s Gross Domestic Product (GDP) using 2019 as the new base year instead of 2010. Rebasing means to base GDP against a benchmark of prices from a particular year over a duration of years to determine the GDP for current periods. Oyedele noted that in 2025, there will be reforms on budget processing, medium term expenditure framework, and fiscal strategy paper to support economic rebasing. He added that rebasing the economy would make an impact on the country’s projected tax to GDP ratio and measurement of per capita income, and improve investors’ perception of the country.