JAMB UTMEEconomicsNigerian Economy2021

Which sector contributes the largest share to Nigeria's GDP?

AAgriculture
BServicesCORRECT
CManufacturing
DMining
AI
Toaster Teacher
Why the answer is B, and why the others tempt you.
**The reasoning** Nigeria's economy has transformed significantly over the past two decades. While many people still think of Nigeria primarily as an agricultural or oil-producing nation, **the Services sector now dominates our GDP, contributing over 50%**. This sector includes telecommunications, banking, insurance, entertainment (hello, Nollywood!), hospitality, real estate, and retail trade. Think about all the banks, phone networks, and tech startups around you — that's Services at work. **Why the wrong options tempt you** **Agriculture (A)** — Our history! Cocoa, groundnuts, palm oil built old Nigeria, but Agriculture now contributes around 25% of GDP, though it still employs the most people. **Mining (D)** — Oil exports dominate headlines and foreign exchange, but extractive industries contribute only about 10% to GDP nowadays. **Manufacturing (C)** — Still relatively small in Nigeria, under 10%, despite industrialization efforts. **Quick takeaway** Nigeria's economy runs on services — from your mobile data to bank apps — not just farms or oil wells anymore.
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