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Real Gross Domestic Product (Billion Naira)


  Year 1987
Activity Sector Q1 Q2 Q3 Q4 Annual
A. AGRICULTURE 2,891.67
1. Crop Production 2,330.00
2. Livestock 433.43
3. Forestry 87.59
4. Fishing 40.65
B. INDUSTRY 8,799.38
1. Mining and Quarrying 4,737.23
a. Crude Petroleum and Natural Gas 4,704.42
b. Coal Mining 21.51
c. Metal Ores 2.07
d. Quarrying and Other Minerals 9.22
2. Manufacturing 3,680.71
a. Oil Refining 28.92
b. Cement 229.33
c. Food, Beverage and Tobacco 2,376.36
d. Textile, Apparel and Footwear 661.80
e. Wood and Wood Products 53.33
f. Pulp, Paper and Paper Products 22.39
g. Chemical and Pharmaceutical Products 16.85
h. Non-Metallic Products 58.01
i. Plastic and Rubber Products 26.61
j. Electrical and Electronics 25.23
k. Basic Metal, Iron and Steel 31.42
l. Motor Vehicles and Assembly 39.23
m. Other Manufacturing 111.24
3. Electricity, Gas, Steam & Air conditioner" 5.35
4. Water supply, Sewage, Waste Management 9.08
5. Construction 367.00
C. SERVICES 5,861.06
1. Trade 1,900.94
2. Accommodation and Food Services         34.17
3. Transportation and Storage 180.22
a. RoadTransport 146.50
b. Rail Transport & Pipelines 4.93
c. Water Transport 2.85
d. Air Transport 19.30
e. Transport Services 3.51
f. Post and Courier Services 3.14
4. Information and Communication 211.61
a. Telecommunications and Information Services 18.51
b. Publishing 7.36
c. Motion Pictures, Sound Recording and Music Production 55.63
d. Broadcasting 130.11
5. Arts, Entertainment & Recreation 3.59
6. Financial and Insurance 328.77
a. Financial Institutions 259.39
b. Insurance 69.38
7. Real Estate 1,112.49
8. Professional, Scientific & Technical Services 658.62
9. Administrative and Support Services 5.06
10. Public Administration 920.15
11. Education 276.54
12. Human Health & Social Services 124.41
13. Other Services 104.49
GDP at 2010 Constant Basic Prices 17,552.10
   
Net Taxes on Products 178.24
   
GDP at 2010 Constant Market Prices 17,730.34
       
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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