Nigeria’s statistics office has revealed that the mineral sector’s contribution to real GDP in the first quarter of 2022 was 6.67 per cent up from 5.5 per cent in the fourth quarter of 2021.
According to the National Bureau of Statistics, NBS, Nigeria’s mineral production increased by 39.19% to 89.48 million tonnes in 2021 from 64.29 million tonnes in 2020.
It revealed that limestone, granite and laterite top the list of minerals mined last year.
The NBS disclosed that Ogun state, recorded the highest production with 32.04 million tonnes, followed by Kogi with 18.40 million tonnes and Cross River with 11.64 million tonnes. The lowest production was recorded in Borno, which recorded 231 tonnes last year.
Meanwhile, the NBS report indicated that the sector’s contribution to real gross domestic product (GDP) stood at 5.5 per cent in the fourth quarter of 2021, down from 6.09 per cent in the same quarter of 2020.
The annual growth of the sector stood at -7.79 per cent in 2021.