FEDERAL MINISTRY OF FINANCE PRESS STATEMENT
The Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun. Has welcomed the latest report from the National Bureau of Statistics (NBS). Which shows Nigeria’s real GDP grew by 4.07% in the fourth quarter of 2025 (Q4 2025).
However, This is only the second time in a decade—excluding the post-pandemic recovery—that quarterly GDP growth has surpassed 4%. It follows the 4.23% growth recorded in Q2 2025 and marks an improvement from 3.76% in Q3 2024. This growth reflects stronger macroeconomic stability and the positive impact of reforms led by President Bola Ahmed Tinubu.
Sectoral Highlights
Economic growth in Q4 2025 was broad-based across key sectors:
- Agriculture: Expanded by 4.0%, up from 2.54% in Q4 2024, driven by improved security in farming regions and better access to agricultural inputs.
- Industry: Grew by 3.88%, compared to 2.49% in Q4 2024. Supported by better foreign exchange availability, energy sector reforms, and increased investor confidence.
- Services: Recorded 4.15% growth, fueled by continued expansion in finance, telecommunications, trade, and technology-related activities.
Notably, around 30 subsectors achieved growth above 3%, highlighting the economy’s increasing diversification and resilience.
Full-Year 2025 Performance
For the entire year, Nigeria’s real GDP growth by 3.87%, up from 3.38% in 2024. The economy’s size increased to ₦441.5 trillion, compared to ₦372.8 trillion in 2024.
Moreover, This strong performance reflects improved fiscal coordination, disciplined spending, enhanced revenue generation. And ongoing structural reforms aimed at restoring economic stability.
The Honourable Minister emphasized that these results boost confidence. Among both domestic and international investors, showing that Nigeria’s reform agenda is delivering results. The Ministry of Finance remains committed to implementing reforms, fostering institutional collaboration, and maintaining transparent communication with stakeholders.
