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Nominal Gross Domestic Product at Current Basic Prices - (Billion Naira)
  Year 1989
Activity Sector Q1 Q2 Q3 Q4 Annual
A. AGRICULTURE 88.26
1. Crop Production 71.88
2. Livestock 11.79
3. Forestry 2.17
4. Fishing 2.41
B. INDUSTRY 146.83
1. Mining and Quarrying 49.83
a. Crude Petroleum and Natural Gas 44.33
b. Coal Mining 4.20
c. Metal Ores 0.71
d. Quarrying and Other Minerals 0.59
2. Manufacturing 76.14
a. Oil Refining 0.71
b. Cement 8.95
c. Food, Beverage and Tobacco 46.72
d. Textile, Apparel and Footwear 7.17
e. Wood and Wood Products 2.51
f. Pulp, Paper and Paper Products 0.50
g. Chemical and Pharmaceutical Products 0.51
h. Non-Metallic Products 1.21
i. Plastic and Rubber Products 0.69
j. Electrical and Electronics 0.05
k. Basic Metal, Iron and Steel 1.36
l. Motor Vehicles and Assembly 0.44
m. Other Manufacturing 5.33
3. Electricity, Gas, Steam & Air conditioner" 2.02
4. Water supply, Sewage, Waste Management 4.60
5. Construction 14.23
C. SERVICES 175.68
1. Trade 62.61
2. Accommodation and Food Services         1.13
3. Transportation and Storage 7.96
a. RoadTransport 4.51
b. Rail Transport & Pipelines 0.55
c. Water Transport 0.84
d. Air Transport 1.18
e. Transport Services 0.14
f. Post and Courier Services 0.74
4. Information and Communication 23.27
a. Telecommunications and Information Services 0.92
b. Publishing 0.15
c. Motion Pictures, Sound Recording and Music Production 1.03
d. Broadcasting 21.17
5. Arts, Entertainment & Recreation 0.07
6. Financial and Insurance 29.70
a. Financial Institutions 23.23
b. Insurance 6.47
7. Real Estate 11.07
8. Professional, Scientific & Technical Services 6.78
9. Administrative and Support Services 0.05
10. Public Administration 20.05
11. Education 7.49
12. Human Health & Social Services 3.57
13. Other Services 1.93
GDP at Current Basic Prices 410.77
   
Net Taxes on Products 4.09
   
GDP at Current Market Prices 414.86
       
Coverage of Annual Nominal Gross Domestic Product commenced 1981.
Coverage of Quarterly Nominal Gross Domestic Product commenced 1st Quarter of 2010.
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Facts : 1/1/1900
Agric Credit Guarantee Scheme:The Agricultural Credit Guarantee Scheme (ACGS) was established in 1977, under the management of the Central Bank of Nigeria. The scheme was designed to encourage banks to increase lending to the agricultural sector by providing guarantee against inherent risks.
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