Capital Importation And Gross Domestic Product Growth Rate And Contribution To GDP
Real GDP at 1990 Base Year
Stalled growth, post-2005
Real GDP at 2010 Base Year
The demise of Nigerian manufacturing, post 2014
Capital Importation: Overall capital imported into the manufacturing sector fell deeply in 2015 and has remained low in 2016H1 on the account of present FOREX issues affecting businesses in the sector and discouraging investors.
Gross Domestic Product Growth Rate and Contribution to GDP: Growth in the manufacturing sector fell drastically in 2015 due to capital and forex controls introduced by monetary authorities to moderate the downward pressure on the external value of the Naira. The sector also witnessed further decline in 2016Q1 largely driven by contractions in oil refining, cement, food and beverage and tobacco production.
Related
All-Share Index: In 2016Q1, the decline in ASI was driven by declines in Banking, Insurance, Consumer goods, Oil/Gas, Lotus Islamic, Industrial, AseM, Pension and Premium NSE indices. However, the ASI
Capital Importation: Given the positive outlook on the ITC sector in the past few years, investments in the sector reached a 10-year peak in 2014. However, the foreign investment fell marginally in 2
Tax Collected: Tax revenue which has relatively maintained an upward trend, fell considerably in 2015 and dipped significantly in early 2016 on the account of economic downturn, as many businesses sev
Gross Domestic Product Growth Rate: Growth in the sector which stalled in the second and third quarters of 2015 witnessed a considerable decline in 2015Q4; the stall in growth in 2015 is attributable
