Gross Domestic Product (GDP) grew by 2.54% (year-on-year) in real terms in the third quarter of 2023. This growth rate is higher than the 2.25% recorded in the third quarter of 2022 and higher than the second quarter 2023 growth of 2.51%.
Other Services real GDP grew by 0.63% (year-on-year) in Q3 2023. This growth was higher by 3.30% points than the growth recorded in the same period of the previous year, and lower by 1.06% points from Q2 2023
Real GDP growth in the manufacturing sector in the third quarter of 2023 was 0.48% (year-on-year), higher than the same quarter of 2022 and lower than the preceding quarter by 2.39% points and 1.72% points respectively.
In real terms, the public administration recorded a growth rate of 2.05% (year-on-year) in Q3 2023, lower by 0.27% points and lower by 0.13% points from the Q3 2022 rate and the Q2 2023 rate respectively
The agricultural sector in the third quarter of 2023 grew by 1.30% (year-on-year) in real terms, a decrease of 0.04% points from the corresponding period of 2022, and a decrease of 0.20% points from the preceding quarter which recorded a growth rate of 1.50%. It grew on a quarter-on-quarter basis at 39.74%.
The non-oil sector grew by 2.75% in real terms during the reference quarter (Q3 2023). This rate was lower by 1.52% points compared to the rate recorded in the same quarter of 2022 and 0.84% points lower than the second 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.