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Real Gross Domestic Product (Billion Naira)


  Year 2003
Activity Sector Q1 Q2 Q3 Q4 Annual
A. AGRICULTURE 8,364.83
1. Crop Production 7,493.02
2. Livestock 622.56
3. Forestry 90.02
4. Fishing 159.23
B. INDUSTRY 13,151.23
1. Mining and Quarrying 8,975.81
a. Crude Petroleum and Natural Gas 8,952.62
b. Coal Mining 1.71
c. Metal Ores 1.09
d. Quarrying and Other Minerals 20.40
2. Manufacturing 3,203.24
a. Oil Refining 137.96
b. Cement 105.89
c. Food, Beverage and Tobacco 2,183.10
d. Textile, Apparel and Footwear 390.81
e. Wood and Wood Products 87.67
f. Pulp, Paper and Paper Products 23.05
g. Chemical and Pharmaceutical Products 23.87
h. Non-Metallic Products 55.96
i. Plastic and Rubber Products 28.06
j. Electrical and Electronics 1.98
k. Basic Metal, Iron and Steel 31.82
l. Motor Vehicles and Assembly 22.66
m. Other Manufacturing 110.40
3. Electricity, Gas, Steam & Air conditioner" 119.88
4. Water supply, Sewage, Waste Management 21.09
5. Construction 831.21
C. SERVICES 11,488.74
1. Trade 3,088.31
2. Accommodation and Food Services         50.52
3. Transportation and Storage 310.77
a. RoadTransport 264.60
b. Rail Transport & Pipelines 0.07
c. Water Transport 2.84
d. Air Transport 20.23
e. Transport Services 15.18
f. Post and Courier Services 7.85
4. Information and Communication 1,083.72
a. Telecommunications and Information Services 536.44
b. Publishing 10.81
c. Motion Pictures, Sound Recording and Music Production 240.95
d. Broadcasting 295.52
5. Arts, Entertainment & Recreation 15.55
6. Financial and Insurance 1,396.78
a. Financial Institutions 1,268.02
b. Insurance 128.76
7. Real Estate 1,956.11
8. Professional, Scientific & Technical Services 1,150.02
9. Administrative and Support Services 8.83
10. Public Administration 1,398.33
11. Education 410.83
12. Human Health & Social Services 166.43
13. Other Services 452.55
GDP at 2010 Constant Basic Prices 33,004.80
   
Net Taxes on Products 341.83
   
GDP at 2010 Constant Market Prices 33,346.62
       
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 : 3/1/1970
ORGANISATION AND GROWTH:In March, 1970, the Board of Directors employed the services of W.H. Rozell (Junior), a consultant, to, among other things, review the existing structure and size of the Bank Departments. In the same year, Rozell proposed a new organisational structure for the CBN.
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