Nigeria’s manufac turing sector’s contribution to the Gross Domestic Product (GDP) has witnessed a significant contraction over the past two quarters, reflecting a decline of 20.95 percent from the end of 2023 to the second quarter of 2024. According to…
…ICT’s contribution to Nigeria’s real GDP hits 19.78% …As health sector grows by 2.41% By Seun Ibiyemi Nigeria’s Gross Domestic Product (GDP) experienced a year-on-year growth of 3.19 percent in real terms during the second quarter of 2024. The GDP…
The Nigeria Union of Local Government Employees (NULGE) has called for financial, administrative and political autonomy for local governments. The NULGE National President, Mr Ambali Olatunji, said in Lagos on Saturday that the autonomy was important for Nigeria to grow its…
By Sodiq Adelakun The Lagos State Governor, Babajide Sanwo-Olu, has said the Gross Domestic Product of Lagos, in the last five years under his administration, had risen by almost 50 percent, surpassing the size of the GDPs of over 40…
Nigeria’s Gross Domestic Product per capita is expected to reach $1,120.67 by 2029, according to the International Monetary Fund. The IMF data revealed a fluctuating trend in Nigeria’s GDP per capita since 2014, with a high of $3,222.69 in 2014…
The International Monetary Fund has predicted that Nigeria’s Gross Domestic Product per capita will reach $1,120.67 by 2029. This is according to the Washington-based IMF analysis of Nigeria’s Gross Domestic Product per capita data since 2014. The data revealed a…
…Says economy grew by 2.99 percent By Matthew Denis, Abuja The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the Nigerian economy and oil revenues are experiencing a positive growth rate under President Bola…
By Sodiq Adelakun The Lagos State Government has revealed that the agriculture sector contributed N7 trillion to the state’s Gross Domestic Product (GDP) in 2024. This disclosure was made by the State Commissioner for Agriculture, Abisola Olusanya, during the ongoing…
The Federal Government says the poultry industry in Nigeria contributes over 25 per cent of the agricultural Gross Domestic Product (GDP). Sen. Aliyu Abdullahi, the Minister of State for Agriculture and Food Security, disclosed this on Thursday in Abuja at…
Nigeria has an estimated capacity to generate $13.125 million annually from fish reef and new emerging sectors of blue economy, thereby, boasting the nation’s Gross Domestic Product (GDP). Delivering his paper on ‘Nigeria’s New Ministry of Blue Economy and Marine…
