Nigeria’s electricity, gas, steam and air-conditioning supply sector contracted by 10.63 per cent year-on-year in real terms in Q2.
The sector recorded contraction for the second consecutive quarter in 2026, according to the latest Gross Domestic Product (GDP) report by the National Bureau of Statistics (NBS).
The NBS noted that the contraction, although an improvement from the 15.30 per cent decline recorded in Q1 2026, shows continued weakness in one of the economy’s most critical infrastructure sectors.
The performance is in sharp contrast with the broader economy, which grew by 4.43 per cent in real terms in Q2 2026, up from 4.23 per cent in the corresponding quarter of 2025.
The NBS data shows that the sector’s real output continued to decline despite an increase in its nominal value.
In nominal terms, the electricity, gas, steam and air-conditioning supply sector grew by 0.87% year-on-year in Q2 2026, compared with 4.98% in Q1.
The sector’s nominal value rose from N324.83 billion in Q1 to N1.26 trillion in Q2, reflecting the difference between nominal economic value and real output.
The continued real contraction suggests that higher nominal values have not translated into stronger underlying sector activity.
