Wednesday 21 May 2014

Niger State’s GDP Hits the Trillion Naira Mark


Niger State Government has joined the league of those few states in the country whose Gross Domestic Product (GDP) has reached the Trillion Naira mark.

Announcing this milestone while presenting an update on the States’ GDP compilation project in Nigeria, at Government House, Minna, the Minister of Works and Supervising Minister of National Planning, Ambassador Bashir Yuguda disclosed that the state’s GDP had risen steadily since 2009.
He revealed that from N863.9Billion in 2009, Niger State GDP rose to N960.8Billion in 2010 and then to N1.1Trillion in 2011, stressing that agriculture, and particularly crop production, appeared dominant in the entire performance and activities chart shown on a power-point presentation.

The Minister stated that under the industries sector, electricity generation appeared dominant because of the presence of the three hydro-electricity dams in the state, while under the services sector, road transport appeared dominant followed by the rise in real estate.

Ambassador Bashir Yuguda noted that other activities such as in Health and Education played significant role in enhancing the GDP of the state attributing it to the exemplary leadership and developmental strides recorded by the administration of Governor Aliyu.

The Minister regards agriculture as the area of comparative advantage for the state and recommended the formalization of the sector through increased mechanization, improved irrigation and storage facilities to reduce post-harvest loss as well as invest in value addition along the agricultural production value chain.

Responding, Governor Aliyu thanked the minister and staff of the National Planning Commission for the wonderful job stressing that the report further confirms similar one from the National Bureau of Statistics which, for three consecutive years, picked Niger as the state with least poverty in the country.
Governor Aliyu assured that his administration would continue to pursue, with renewed vigor, those policies and programmes that would enhance the living condition of the generality of Nigerlites.

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