The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has welcomed the latest figures from the National Bureau of Statistics showing that Nigeria’s real Gross Domestic Product (GDP) expanded by 4.07 per cent in the fourth quarter of 2025.
In a statement signed by Assistant Director, Information and Public Relations, Mrs Uloma Amadi, Edun described the development as evidence of broad-based economic expansion and strengthening macroeconomic stability under the leadership of Bola Tinubu.
“This marks the second time in a decade—excluding the immediate post-pandemic rebound—that quarterly growth has exceeded 4 per cent. It follows the 4.23 per cent growth recorded in Q2 2025 and represents a clear improvement from 3.76 per cent in Q3 2024,” the Minister stated.
Sectoral Performance Drives Expansion
According to the Minister, growth in the fourth quarter was supported by all three major sectors of the economy—agriculture, industry, and services.
Agriculture expanded by 4.0 per cent, up from 2.54 per cent in Q4 2024, supported by improved security in food-producing areas and better access to inputs.
Industry grew by 3.88 per cent, compared to 2.49 per cent in the corresponding period of 2024, driven by improved foreign exchange liquidity, energy sector reforms, and stronger investor confidence.
The services sector recorded 4.15 per cent growth, reflecting continued expansion in finance, telecommunications, trade, and technology-driven activities. The sector retained its position as the largest contributor to overall output.
Edun noted that approximately 30 subsectors recorded growth above 3 per cent, underscoring the breadth and diversification of the current expansion.
Full-Year Growth and Economic Size
For the full year 2025, Nigeria’s real GDP grew by 3.87 per cent, up from 3.38 per cent in 2024. The size of the economy increased to ₦441.5 trillion, compared with ₦372.8 trillion in the previous year.
The Minister attributed the improved performance to enhanced fiscal coordination, disciplined expenditure management, stronger revenue mobilisation, and continued structural reforms aimed at restoring macroeconomic credibility.
He said the latest data reinforces confidence among domestic and international investors and signals that Nigeria’s reform programme is gaining traction.
“The Ministry of Finance remains committed to sustained reform implementation, institutional coordination, and transparent engagement with stakeholders,” Edun added.
The GDP report released by the National Bureau of Statistics on Friday confirmed that the expansion was supported by growth across agriculture, industry, and services, with services maintaining its lead as the dominant sector in the economy.
