The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, today welcomed the latest national economic data from the National Bureau of Statistics (NBS) confirming that Nigeria’s real GDP grew by 4.07% in the fourth quarter of 2025 (Q4 2025), marking the second time in a decade—excluding the immediate post-pandemic rebound—that quarterly growth has surpassed the 4% threshold.
This figure follows the 4.23% growth recorded in Q2 2025 and represents a clear acceleration from the 3.76% posted in Q3 2024. The performance underscores strengthening macroeconomic stability and the tangible impact of the Federal Government’s economic reform programme under the leadership of President Bola Ahmed Tinubu.
The Honourable Minister notes that the growth recorded in Q4 2025 was driven by sustained expansion across all three major sectors of the economy:
Agriculture expanded by 4.0%, up significantly from 2.54% in Q4 2024, reflecting improved security in food-producing regions, enhanced access to inputs, and targeted productivity interventions.
Industry grew by 3.88%, compared to 2.49% in the corresponding period of 2024, supported by improved foreign exchange liquidity, energy sector reforms, and renewed investor confidence.
Services recorded 4.15% growth, demonstrating resilience and continued expansion in finance, telecommunications, trade, and technology-driven segments.
Notably, approximately 30 subsectors recorded growth rates above 3.0%, underscoring the scope and structural depth of the expansion. This signals that growth is no longer concentrated in isolated segments but increasingly diversified across the economy.
Further figures released by the NBS show that, for the full year 2025, Nigeria’s real GDP grew by 3.87%, improving on the 3.38% recorded in 2024. Consequently, the size of the Nigerian economy rose to ₦441.5 trillion, up from ₦372.8 trillion in 2024.
This expansion reflects strengthening fundamentals, improved fiscal coordination, disciplined expenditure management, and reforms aimed at restoring macroeconomic credibility.
The Honourable Minister further notes that this latest data sends a strong signal to foreign investors, multilateral institutions, and global economic stakeholders that Nigeria’s reform trajectory is gaining traction and is being consolidated. He further highlighted the fact that with improving macroeconomic coordination, strengthening revenue mobilisation, enhanced transparency in public finance, and ongoing structural reforms, Nigeria is positioning itself as a stable and competitive destination for long-term capital.
The Ministry of Finance reiterates its commitment to disciplined reform implementation, strategic coordination across government institutions, and transparent engagement with domestic and international stakeholders.
Signed:
Amadi Uloma Nneka
Assistant Director, Information and Public Relations
February 27, 2026
