Report on Labour Productivity in Nigeria 2010 to 2016

Nigeria’s GDP growth is beginning to gradually strengthen. It currently ranks 28th in the world and 1st in Africa in terms of economic size, thanks to the National Bureau of Statistics (NBS) rebasing exercise, which has provided a more appropriate representation of the state of the Nigerian economy.

It is interesting to note that during the period, real GDP growth rate averaged 3.9 per cent with the highest growth of 6.2 percent recorded from 2013 to 2014 and lowest of -1.5 percent from 2015 to 2016.

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