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Real Gross Domestic Product (Billion Naira)


  Year 1998
Activity Sector Q1 Q2 Q3 Q4 Annual
A. AGRICULTURE 4,475.24
1. Crop Production 3,752.77
2. Livestock 526.30
3. Forestry 83.98
4. Fishing 112.20
B. INDUSTRY 10,641.26
1. Mining and Quarrying 7,103.38
a. Crude Petroleum and Natural Gas 7,083.99
b. Coal Mining 2.62
c. Metal Ores 1.14
d. Quarrying and Other Minerals 15.64
2. Manufacturing 2,908.21
a. Oil Refining 45.35
b. Cement 87.79
c. Food, Beverage and Tobacco 2,029.21
d. Textile, Apparel and Footwear 392.89
e. Wood and Wood Products 50.89
f. Pulp, Paper and Paper Products 23.39
g. Chemical and Pharmaceutical Products 23.02
h. Non-Metallic Products 58.07
i. Plastic and Rubber Products 26.82
j. Electrical and Electronics 2.61
k. Basic Metal, Iron and Steel 34.38
l. Motor Vehicles and Assembly 21.51
m. Other Manufacturing 112.27
3. Electricity, Gas, Steam & Air conditioner" 7.23
4. Water supply, Sewage, Waste Management 16.58
5. Construction 605.85
C. SERVICES 8,713.25
1. Trade 2,569.09
2. Accommodation and Food Services         40.29
3. Transportation and Storage 229.60
a. RoadTransport 199.02
b. Rail Transport & Pipelines 0.06
c. Water Transport 2.91
d. Air Transport 14.28
e. Transport Services 9.14
f. Post and Courier Services 4.20
4. Information and Communication 369.70
a. Telecommunications and Information Services 26.34
b. Publishing 8.26
c. Motion Pictures, Sound Recording and Music Production 145.02
d. Broadcasting 190.08
5. Arts, Entertainment & Recreation 9.36
6. Financial and Insurance 1,068.61
a. Financial Institutions 960.68
b. Insurance 107.93
7. Real Estate 1,628.65
8. Professional, Scientific & Technical Services 904.81
9. Administrative and Support Services 6.95
10. Public Administration 1,127.46
11. Education 338.84
12. Human Health & Social Services 147.50
13. Other Services 272.38
GDP at 2010 Constant Basic Prices 23,829.76
   
Net Taxes on Products 245.39
   
GDP at 2010 Constant Market Prices 24,075.15
       
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 : 1/1/1978
ORGANISATION AND GROWTH:In 1978, the size of the Board of Directors was increased from 7 to 13, through the recommendations of McKinsey International Incorporated, a UK-based consultant firm.
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