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Real Gross Domestic Product (Billion Naira)


  Year 1994
Activity Sector Q1 Q2 Q3 Q4 Annual
A. AGRICULTURE 3,839.68
1. Crop Production 3,226.83
2. Livestock 466.29
3. Forestry 80.07
4. Fishing 66.49
B. INDUSTRY 10,151.70
1. Mining and Quarrying 6,246.67
a. Crude Petroleum and Natural Gas 6,229.46
b. Coal Mining 2.81
c. Metal Ores 1.07
d. Quarrying and Other Minerals 13.34
2. Manufacturing 3,364.57
a. Oil Refining 43.34
b. Cement 236.81
c. Food, Beverage and Tobacco 2,252.00
d. Textile, Apparel and Footwear 484.49
e. Wood and Wood Products 54.61
f. Pulp, Paper and Paper Products 21.66
g. Chemical and Pharmaceutical Products 18.74
h. Non-Metallic Products 56.73
i. Plastic and Rubber Products 26.58
j. Electrical and Electronics 4.91
k. Basic Metal, Iron and Steel 28.83
l. Motor Vehicles and Assembly 25.29
m. Other Manufacturing 110.59
3. Electricity, Gas, Steam & Air conditioner" 7.74
4. Water supply, Sewage, Waste Management 15.87
5. Construction 516.85
C. SERVICES 7,685.48
1. Trade 2,434.99
2. Accommodation and Food Services         36.68
3. Transportation and Storage 205.59
a. RoadTransport 181.22
b. Rail Transport & Pipelines 0.06
c. Water Transport 2.59
d. Air Transport 13.26
e. Transport Services 4.96
f. Post and Courier Services 3.51
4. Information and Communication 263.70
a. Telecommunications and Information Services 21.47
b. Publishing 8.98
c. Motion Pictures, Sound Recording and Music Production 78.78
d. Broadcasting 154.48
5. Arts, Entertainment & Recreation 5.09
6. Financial and Insurance 905.50
a. Financial Institutions 810.25
b. Insurance 95.25
7. Real Estate 1,386.53
8. Professional, Scientific & Technical Services 774.99
9. Administrative and Support Services 5.95
10. Public Administration 1,059.74
11. Education 318.49
12. Human Health & Social Services 140.26
13. Other Services 147.96
GDP at 2010 Constant Basic Prices 21,676.85
   
Net Taxes on Products 220.62
   
GDP at 2010 Constant Market Prices 21,897.47
       
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 : 1/1/1900
Structural Adjustment Programme (S.A.P.):Introduced in June 1986, the Structural Adjustment Programme was introduced after a public debate on IMF loan conditionalities. It was aimed at re-structuring the productive base of the ecnonomy and promoting non-inflationary economic growth.
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