Nigeria Gross Domestic Product (GDP) grew by 2.51% (year-on-year) in real terms in the second quarter of 2023. This growth rate is lower than the 3.54% recorded in the second quarter of 2022 and may be attributed to the challenging economic conditions being experienced.
Other Services’ real GDP grew by 1.69% (year-on-year) in Q2 2023. This growth was lower by 1.36% points than the growth recorded in the same period of the previous year, and higher by 21.75% points from Q1 2023.
Real GDP growth in the manufacturing sector in the second quarter of 2023 was 2.20% (year-on-year), lower than the same quarter of 2022 and higher than the preceding quarter by 0.81% points and 0.59% points respectively.
In real terms, the public administration sector recorded a growth rate of 2.18% (year-on-year) in Q2 2023, higher by 0.18% points and higher by 0.15% points from the Q2 2022 rate and the Q1 2023 rate respectively
The agricultural sector in the second quarter of 2023 grew by 1.50% (year-on-year) in real terms, an increase of 0.30% points from the corresponding period of 2022, and an increase of 2.40% points from the preceding quarter which recorded a growth rate of -0.90%.
The non-oil sector grew by 3.58% in real terms during the reference quarter (Q2 2023). This rate was lower by 1.19% points compared to the rate recorded in the same quarter of 2022 and 0.81% points higher than the first quarter of 2023.
The total value of capital importation into Nigeria in the first quarter of 2022 stood at US$1,573.14 million from US$2,187.63 million in the preceding quarter showing a decrease of 28.09%. When compared to the corresponding quarter of 2021, capital importation decreased by 17.46% from US$1,905.89 million.
NOTICE OF DISCLAIMER ON NATIONAL BUREAU OF STATISTICS’ JOB RECRUITMENT
The attention of the Management of National Bureau of Statistics has been drawn to an online publication titled “NBS Recruitment 2023/2024 Job Application Form Portal” and hosted on https://recruitmentfile.net/nbs-recruitment/, purporting that the Bureau will soon commence recruitment exercise, and advising prospective candidates on the process for the recruitment.
The general public may wish to note that the publication did not emanate from the Bureau and that the content seeks to mislead unsuspecting jobseekers. It has therefore become imperative to refute the information.
For the avoidance of doubt, the Bureau would like to emphasize unequivocally that it is not currently recruiting.
The general public is strongly advised to be wary of any such job offer, particularly one obtained online, and to report such offers to the appropriate law enforcement organizations without delay.