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Real Gross Domestic Product (Billion Naira)


  Year 1985
Activity Sector Q1 Q2 Q3 Q4 Annual
A. AGRICULTURE 2,731.06
1. Crop Production 2,180.91
2. Livestock 428.10
3. Forestry 78.08
4. Fishing 43.97
B. INDUSTRY 8,768.30
1. Mining and Quarrying 4,962.81
a. Crude Petroleum and Natural Gas 4,918.27
b. Coal Mining 26.19
c. Metal Ores 2.67
d. Quarrying and Other Minerals 15.68
2. Manufacturing 3,453.72
a. Oil Refining 39.08
b. Cement 249.27
c. Food, Beverage and Tobacco 2,114.21
d. Textile, Apparel and Footwear 532.80
e. Wood and Wood Products 53.64
f. Pulp, Paper and Paper Products 22.32
g. Chemical and Pharmaceutical Products 16.43
h. Non-Metallic Products 56.60
i. Plastic and Rubber Products 26.41
j. Electrical and Electronics 55.08
k. Basic Metal, Iron and Steel 31.41
l. Motor Vehicles and Assembly 145.32
m. Other Manufacturing 111.14
3. Electricity, Gas, Steam & Air conditioner" 7.83
4. Water supply, Sewage, Waste Management 7.67
5. Construction 336.27
C. SERVICES 5,498.16
1. Trade 1,727.98
2. Accommodation and Food Services         33.19
3. Transportation and Storage 203.57
a. RoadTransport 163.51
b. Rail Transport & Pipelines 6.91
c. Water Transport 4.09
d. Air Transport 22.68
e. Transport Services 3.33
f. Post and Courier Services 3.04
4. Information and Communication 209.03
a. Telecommunications and Information Services 18.45
b. Publishing 7.29
c. Motion Pictures, Sound Recording and Music Production 52.93
d. Broadcasting 130.37
5. Arts, Entertainment & Recreation 3.42
6. Financial and Insurance 254.99
a. Financial Institutions 197.37
b. Insurance 57.63
7. Real Estate 1,091.38
8. Professional, Scientific & Technical Services 602.46
9. Administrative and Support Services 4.62
10. Public Administration 882.46
11. Education 265.21
12. Human Health & Social Services 120.43
13. Other Services 99.41
GDP at 2010 Constant Basic Prices 16,997.52
   
Net Taxes on Products 172.56
   
GDP at 2010 Constant Market Prices 17,170.08
       
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 : 1/1/1995
National Clearing System Re-Visited:In January 1995, a revised clearing rule became operational to facilitate effective clearing of financial instruments and shorten the period of clearing. Consequently, inter-state cheque clearing time was reduced from 21 days to 15 days, while intra-state clearing has been reduced from 12 days to 9 days.
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