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Real Estate Surpasses Oil, Gas to Become Nigeria's Third-Largest Sector, Report Reveals.

Real Estate Surpasses Oil, Gas to Become Nigeria's Third-Largest Sector, Report Reveals.

Nigeria's real estate sector has overtake oil and gas, emerging as the country's third-largest economic sector according to preliminary GDP and CPI rebasing figures.

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Nigeria's economy has seen a significant shift as preliminary figures from the ongoing GDP and CPI rebasing report indicate that real estate has overtaken oil and gas to become the country's third-largest sector. Real estate now takes its place behind crop production, which is currently the largest sector. According to the latest data, the real estate sector has gained prominence in the economic landscape, marking a notable change from its previous position. This development highlights the growing importance of the real estate industry in Nigeria's economy.

real estate overtakes thirdlargest sector
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