Nigeria’s Gross Domestic Product (GDP) has been rebased from ₦80 trillion to ₦205 trillion, according to the Statistician General of the Federation, Adeyemi Adeniran.
He noted that the new figure represents a 41.7% increase compared to the 2014 GDP rebasing.
The rebasing exercise, which used 2019 as the new base year, covers economic activities from 2019 to 2023.
The top-performing sectors driving this growth include crop production, trade, real estate, telecommunications, and oil & gas.
