Nigeria's Top Sectors to Contribute N331.50 Trillion by 2025

According to data released by the National Bureau of Statistics, Nigeria's economy is expected to see its top 10 largest sectors contribute N331.50 trillion to the GDP by 2025, which represents 76.88% of the total projected nominal GDP of N431.18 trillion. This marks an increase from N364.62 trillion in 2024, reflecting an 18.25% growth driven by stronger price effects and sector expansion.

The primary sectors driving this economic activity include trade, agriculture, real estate, and telecommunications, which are central to Nigeria's consumption market. The professional, scientific, and technical services sector is projected to generate N11.40 trillion in 2025, up from N10.89 trillion in 2024, driven by strong demand for consulting and ICT-related services.

This growth indicates a broader shift in Nigeria's economy towards service-led growth, with services contributing 55.66% to GDP growth across various segments.