Nigeria's Gross Domestic Product (GDP) has been rebased from N80 trillion to N205 trillion, marking a significant shift in the country’s economic outlook. The Statistician-General of the Federation, Adeyemi Adeniran, who disclosed this, said the new figure reflects a 41.7% increase compared to the last rebasing exercise in 2014. According to him, the latest rebasing covers the years 2019 to 2023, with 2019 set as the new base year. Adeniran highlighted crop production, trade, real estate, telecommunications, and the oil and gas sector as the top five contributors to the revised GDP.