In the first quarter of 2026, Nigeria's oil sector accounted for 3.92% of the nation's total real Gross Domestic Product (GDP). This figure indicates a slight decrease compared to the same period in 2025, despite the sector experiencing improved growth. The contribution highlights the ongoing significance of oil in Nigeria's economy, even as it faces challenges. The data underscores the sector's role in shaping the overall economic landscape of the country.
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