Manufacturing Sector’s GDP To Hit N49.6trn With 40,000Gwh Of Power Supply   If electricity supplied to industries increases to 40,000Gwh within the next seven years, the manufacturing sector’s contribution to the Gross Domestic Product (GDP) is projected to rise to N49.6 trillion with at least 46.59...

Cattle Business Contributes 6.7% Of Nigeria’s GDP — ACCI   Cattle business contributes about 6.7 per cent to Nigeria’s Gross Domestic Product (GDP). Speaking during a roundtable on private-sector driven National Livestock Development Policy held in Abuja yesterday, the president of Abuja Chamber of Commerce and Industry...

GDP Growth Fall Dampens Market Performance By N184bn   Analysts at Vetiva Capital Management Limited said sentiment in the equity space remained dampened further last week by economic metrics which showed a decline in non-oil Gross Domestic Product growth. In their weekly market report, they said with...

Manufacturing, 45 Others Record N66.77trn Half-year Output The nation’s economy recorded a total output of N66.77tn within a six-month period covering January to June this year, an analysis of the Gross Domestic Product report released by the National Bureau of Statistics on Tuesday has revealed. The...

‘Cotton Can Contribute 15% To GDP’   The President, National Cotton Association of Nigeria (NACOTAN),Mr Anibe Achimugu, has said cotton has the capacity to contribute not less than 15 per cent to Nigeria’s Gross Domestic Product(GDP) if properly harnessed. Achimugu, who made this known in an interview...

FG Targets $1bn Revenue From New Gas Flare Policy The federal government has said its new gas flare out plan – the Nigeria Gas Flare Commercialisation Programme (NGFCP) – has the capacity to improve the country’s Gross Domestic Product (GDP) by $1bn annually. It also has...