The Statistician-General of the Federation, Adeyemi Adeniran has disclosed that Nigeria’s Gross Domestic Product, GDP, has been rebased from N80 trillion to N205 trillion, reports Business Today NG
Adeniran stated this in a statement made public on Monday, 21 July, 2025, said that the new figure represents a 41.7 per cent increase compared to the previous rebasing exercise conducted in 2014.
The rebasing, which covers the period from 2019 to 2023, uses 2019 as the new base year, according to the Statistician-General.
Accordig to him, the top five performing sectors contributing to the GDP include crop production, trade, real estate, telecommunications, and the oil and gas industry.
