Nigeria’s gross domestic product (GDP) has witnessed a 2.54 percent growth in the third quarter (Q3) of the year 2023.
This was confirmed by the National Bureau of Statistics (NBS) in a statement on its X handle (Formerly Twitter).
According to the NBS, the 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%.
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The bureau also said that the performance of the GDP in the third quarter of 2023 was driven mainly by the Services sector.
According to the statement, the country’s Services sector recorded a growth rate of 3.99% and contributed 52.70% to the aggregate GDP.
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