According to the bureau, this sector grew nominally by -5.33 per cent (year-on-year) in Q1 2025.
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“Quarter-on-quarter, the growth rate recorded was 12.00 per cent during the quarter. The contribution of mining and quarrying to real GDP in the quarter under review stood at 4.22 per cent, lower than the rate of 4.23 per cent recorded in the corresponding quarter of 2024 and higher than the 3.02 per cent recorded in the fourth quarter of 2024,” it said.
“Crude petroleum and natural gas were the main contributors to the sector with a weight of 89.16 per cent in Q1 2025. Comparing Q1 2025’s rate of growth relative to Q1 2024 and Q4 2024 growth rates, there was a decrease of 26.50 percentage points and a decrease of 64.82 percentage points, respectively,” it said.
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