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Real Gross Domestic Product (Billion Naira)


  Year 1981
Activity Sector Q1 Q2 Q3 Q4 Annual
A. AGRICULTURE 2,364.37
1. Crop Production 1,854.76
2. Livestock 341.41
3. Forestry 77.90
4. Fishing 90.30
B. INDUSTRY 11,753.40
1. Mining and Quarrying 5,044.55
a. Crude Petroleum and Natural Gas 4,977.42
b. Coal Mining 21.33
c. Metal Ores 7.86
d. Quarrying and Other Minerals 37.95
2. Manufacturing 5,838.89
a. Oil Refining 36.58
b. Cement 190.94
c. Food, Beverage and Tobacco 3,278.24
d. Textile, Apparel and Footwear 1,746.10
e. Wood and Wood Products 53.32
f. Pulp, Paper and Paper Products 22.67
g. Chemical and Pharmaceutical Products 43.62
h. Non-Metallic Products 57.14
i. Plastic and Rubber Products 26.43
j. Electrical and Electronics 52.71
k. Basic Metal, Iron and Steel 33.00
l. Motor Vehicles and Assembly 186.75
m. Other Manufacturing 111.40
3. Electricity, Gas, Steam & Air conditioner" 6.16
4. Water supply, Sewage, Waste Management 12.23
5. Construction 851.56
C. SERVICES 5,431.79
1. Trade 1,770.38
2. Accommodation and Food Services         53.78
3. Transportation and Storage 264.51
a. RoadTransport 222.11
b. Rail Transport & Pipelines 9.46
c. Water Transport 5.74
d. Air Transport 18.66
e. Transport Services 4.48
f. Post and Courier Services 4.06
4. Information and Communication 271.15
a. Telecommunications and Information Services 16.49
b. Publishing 8.59
c. Motion Pictures, Sound Recording and Music Production 71.09
d. Broadcasting 174.97
5. Arts, Entertainment & Recreation 4.59
6. Financial and Insurance 282.17
a. Financial Institutions 196.91
b. Insurance 85.26
7. Real Estate 1,063.96
8. Professional, Scientific & Technical Services 421.38
9. Administrative and Support Services 3.23
10. Public Administration 807.08
11. Education 242.56
12. Human Health & Social Services 113.46
13. Other Services 133.53
GDP at 2010 Constant Basic Prices 19,549.56
   
Net Taxes on Products 198.97
   
GDP at 2010 Constant Market Prices 19,748.53
       
Coverage of Annual Real Gross Domestic Product commenced 1981.
Coverage of Quarterly Real Gross Domestic Product commenced 1st Quarter of 2010.
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Facts : 7/1/1959
BOARD OF DIRECTORS:The Management of the CBN is placed under a Board of Directors which is responsible for the Policy and General administration of the Affairs and Business of the Bank.Under the original statute,the Board was composed of the Governor as Chairman,a Deputy Governor and Five other Directors all of whom were appointed by the Federal Government.
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