Agriculture contributes 23% to Nigeria’s GDP in 2022: Official
MINNA, Nigeria (The Informant247) – Agricultural sector contributed 23 per cent to Nigeria’s Gross Domestic Products (GDP) in first half of 2022, officials said on Thursday.
The report from the National Bureau of Statistics indicated that the sector topped the chart in a survey of seven sectors identified to have contributed to Nigeria’s economy in the second quarter of 2022.
“The chart revealed that agriculture alone contributed 23.3 per cent to GDP (Half Year 2022), which supports the positive trend of the previous years’ performance of 25.88 per cent (2021); 26.21 per cent (2020); 25.16 per cent (2019); 25.13 per cent (2018); 25.08 per cent (2017); 24.45 per cent (2016) and 23.11 per cent (2015),” the Minister of Agriculture and Rural Development (FMARD), Dr Mohammad Abubakar, said at a stakeholders’ meeting in Jos.
The minister emphasised that agriculture outperformed six other sectors comprising trade, telecommunications, manufacturing, oil and gas, real estate as well as finance and insurance.
