Real estate and construction sector increased GDP by N8.9 trillion - report
February 27, 2023
The contributions of the real estate and construction sector to Nigeria’s real Gross Domestic Product increased by N8.9trn in the fourth quarter of 2022, according to the latest GDP report released by the National Bureau of Statistics.
The sector’s GDP contribution rose to N28.9tn despite high-interest rates, inflation, cost of building materials, amongst other challenges faced last year.
The…