Natural resources & energy Economy What contribution does the oil sector make to Nigeria’s GDP? Source National Bureau of Statistics: Nigerian Gross Domestic Product Report Q2 2022 Short answer What contribution does the oil sector make to Nigeria’s GDP? In nominal terms, Nigeria's GDP in the second quarter of 2022 stood at N45 million. The oil sector contributed 6.3% (N2.85 million) to the total real GDP in the second quarter of 2022, down from the figures recorded in the corresponding period of 2021 and the preceding quarter, where it contributed ... Back Full answer
#YouAsked Natural resources & energy How many artisanal miners are there in Nigeria? Source Delve Database - Nigeria Short answer How many artisanal miners are there in Nigeria? According to Delve, a global platform for artisanal and small scale mining data, there are an estimated 400,000 to 500,000 people working in the Artisinal and Small Scale Mining Sector in Nigeria. ... Back Full answer
Natural resources & energy How much electricity does Nigeria generate? Source USAID: Power in Nigeria Factsheet Short answer How much electricity does Nigeria generate? Nigeria has large oil, gas, hydro and solar resources, and it has the potential to generate 12,522 MW of electric power from existing plants. On most days, however, it is only able to dispatch around 4,000 MW, which is insufficient for a country of over 195 million people. ... Back Full answer