Nigerian Bureau Of Statistics – Quarterly Gdp Report Q2 2013.

Nigerian Bureau Of Statistics – Quarterly Gdp Report Q2 2013.

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Summary

On an aggregate basis, the economy when measure by the Real Gross Domestic Product (GDP), grew by 6.18 percent in the second quarter of 2013, slower than the 6.56 percent recorded in the first quarter of 2013 and 6.39 percent recorded in the corresponding quarter of 2012 .The average daily production of crude oil in the second quarter of 2013 was recorded at 2.11 million barrels per day, a decline from 2.29 million barrels per day recorded in the first quarter of the year. Despite the persistent challenges facing the oil sector, the non-oil sector continues to sustain the Nigerian economy. In the second quarter of 2013, the non-oil sector recorded 7.36 percent growth in real terms compared with 7.63 percent at the corresponding period in 2012, and 7.89 percent in the first quarter of 2013

Source: Nigerian Bureau Of Statistics

Published: 2013

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