Construction sector, Jigawa economy

The Construction sector in Jigawa state recorded a nominal value added of N32,312.66 million in 2013 and grew by –12.24% (year on year) in 2014. It improved with a growth rate of 11.75% in 2015 when N31,687.20 million was recorded. However, growth declined by 11.64% in 2016 during the recession which led to a lower value added of N27,999.93. In 2017 and 2018, higher value added were recorded at N28,389.80 million and N37,668.53 million, showing an improved performance.

Moreover, value added in 2019 grew by 39.34% (N52,487.64 million), while 2020 recorded a growth rate of 23.50% with N64,821.06 million worth of value addition.

Construction activities contributed less than 5% to the state’s nominal GDP. In 2013, the contribution of the sector stood at 3.45%. It declined to 2.62% in 2014 and further declined to 2.44%, 2.04% and 1.90% in 2015, 2016 and 2017 respectively.

Nevertheless, the share of the sector improved in 2018 with 2.14% recorded, yet, 2.47% was recorded in 2019 and 2.88% in 2020 The activities of Food, Beverage & Tobacco; and Textile, Apparel & Footwear were key drivers of the sector as they accounted for the biggest share. In 2019 and 2020, Food, Beverage and Tobacco accounted for 54.77% and 55.93% respectively, while Textile, Apparel and Footwear accounted for 30.19% in 2019 and 30.02% in 2020.

In terms of contribution to nominal aggregate GDP, the sector contributed 7.45% in 2013. This increased to over 10% between 2014 and 2015 when 11.15% and 11.16% were recorded respectively. Nevertheless, as a result of the recession in 2016, the contribution of manufacturing fell to 9.89% in 2016 and yet lower than 10% since 2017. In 2020, the share of manufacturing to nominal GDP stood at 9.40%, higher relative to 9.18% in 2019.

Reference
https://www.jigawastate.gov.ng/bureau/JIGAWA%20STATE%20BUREAU%20STATISIC.pdf