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Adjanlekoko Table IV
Adjanlekoko Table IV
Table IV
COMPOSITION OF GROSS FIXED CAPITAL FORMATION/QS PARTRONAGE - A BILLION NAIRA
Res.
Building,
Non-Res.
Building,
Other
Const.
Except
Land
Improv.
QS
Involvement
%
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
8,701.50
8,950.69
22,152.53
14,633.83
18,836.96
25,151.82
29,274.11
34,227.40
45,156.70
51,254.91
2175.38
2237.18
2230.51
2926.77
3767.37
10060.72
17564.47
20536.44
13547.01
7688.34
20%
20%
20%
40%
60%
60%
30%
25%
25%
15%
2000
2001
2002
56,540.41
75,592.93
99,548.78
11394.00
15118.59
19909.76
20%
20%
20%
Average involvement of QS in capital projects was 28.85%. The year 1995/1996 was a good boom for QS and indeed the Construction Industry as a result of PTF
(Petroleum Trust Fund). Capital projects undertaken during this period.