The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has welcomed newly released figures from the National Bureau of Statistics (NBS) indicating that Nigeria’s real GDP expanded by 4.07% in the fourth quarter of 2025.
This is only the second time in the past decade—excluding the immediate rebound following the pandemic—that quarterly growth has surpassed the 4% mark. The Q4 performance follows the 4.23% growth recorded in Q2 2025 and represents a notable improvement over the 3.76% achieved in Q3 2024, highlighting strengthening macroeconomic stability and the positive effects of ongoing reforms under President Bola Ahmed Tinubu.
Sectoral Performance
Economic growth in Q4 2025 was broad-based across the three key sectors:
- Agriculture grew by 4.0%, up from 2.54% in Q4 2024, supported by improved security in food-producing regions and enhanced access to agricultural inputs.
- Industry expanded by 3.88%, compared to 2.49% in the same period of 2024, driven by improved foreign exchange liquidity, energy sector reforms, and rising investor confidence.
- Services recorded 4.15% growth, reflecting sustained expansion in finance, telecommunications, trade, and technology-related activities.
Around 30 subsectors posted growth above 3%, demonstrating the breadth and increasing diversification of the recovery.
Full-Year 2025 Performance
For 2025 as a whole, Nigeria’s real GDP grew by 3.87%, up from 3.38% in 2024. The size of the economy rose to ₦441.5 trillion, compared to ₦372.8 trillion the previous year.
This outcome reflects improved fiscal coordination, prudent expenditure management, stronger revenue mobilisation, and continued structural reforms aimed at rebuilding macroeconomic credibility.
The Honourable Minister emphasised that the latest data strengthens confidence among both domestic and international investors and indicates that Nigeria’s reform agenda is gaining momentum. The Ministry of Finance remains committed to sustaining reform implementation, enhancing institutional coordination, and maintaining transparent engagement with stakeholders.The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has welcomed newly released figures from the National Bureau of Statistics (NBS) indicating that Nigeria’s real GDP expanded by 4.07% in the fourth quarter of 2025.
This is only the second time in the past decade—excluding the immediate rebound following the pandemic—that quarterly growth has surpassed the 4% mark. The Q4 performance follows the 4.23% growth recorded in Q2 2025 and represents a notable improvement over the 3.76% achieved in Q3 2024, highlighting strengthening macroeconomic stability and the positive effects of ongoing reforms under President Bola Ahmed Tinubu.
Sectoral Performance
Economic growth in Q4 2025 was broad-based across the three key sectors:
- Agriculture grew by 4.0%, up from 2.54% in Q4 2024, supported by improved security in food-producing regions and enhanced access to agricultural inputs.
- Industry expanded by 3.88%, compared to 2.49% in the same period of 2024, driven by improved foreign exchange liquidity, energy sector reforms, and rising investor confidence.
- Services recorded 4.15% growth, reflecting sustained expansion in finance, telecommunications, trade, and technology-related activities.
Around 30 subsectors posted growth above 3%, demonstrating the breadth and increasing diversification of the recovery.
Full-Year 2025 Performance
For 2025 as a whole, Nigeria’s real GDP grew by 3.87%, up from 3.38% in 2024. The size of the economy rose to ₦441.5 trillion, compared to ₦372.8 trillion the previous year.
This outcome reflects improved fiscal coordination, prudent expenditure management, stronger revenue mobilisation, and continued structural reforms aimed at rebuilding macroeconomic credibility.
The Honourable Minister emphasised that the latest data strengthens confidence among both domestic and international investors and indicates that Nigeria’s reform agenda is gaining momentum. The Ministry of Finance remains committed to sustaining reform implementation, enhancing institutional coordination, and maintaining transparent engagement with stakeholders.
