Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has welcomed new figures from the National Bureau of Statistics showing that the country’s real Gross Domestic Product (GDP) expanded by 4.07% in the fourth quarter of 2025.
In a statement issued on Saturday and signed by the ministry’s Assistant Director of Information and Public Relations, Uloma Amadi, Edun described the development as evidence of broad-based economic growth and improving macroeconomic stability under President Bola Tinubu.
According to the minister, the latest figure marks only the second time in a decade—excluding the immediate post-pandemic recovery—that quarterly growth has surpassed 4%. He noted that the Q4 performance follows a 4.23% expansion recorded in the second quarter of 2025 and represents an improvement from the 3.76% growth posted in Q3 2024.
Edun explained that all three major sectors of the economy contributed to the strong performance. The agricultural sector grew by 4.0%, up from 2.54% in Q4 2024, supported by improved security in farming communities and better access to inputs. The industrial sector recorded 3.88% growth, compared to 2.49% in the same period of 2024, driven by improved foreign exchange liquidity, energy reforms, and rising investor confidence. Meanwhile, the services sector expanded by 4.15%, reflecting continued growth in finance, telecommunications, trade, and technology-related activities.
He further highlighted that nearly 30 subsectors achieved growth rates above 3%, underscoring the depth and increasing diversification of the expansion.
On an annual basis, Nigeria’s real GDP grew by 3.87% in 2025, up from 3.38% in 2024. The overall size of the economy also rose to ₦441.5 trillion, compared to ₦372.8 trillion the previous year.
Edun attributed the performance to stronger fiscal coordination, prudent spending, improved revenue mobilisation, and ongoing structural reforms aimed at restoring macroeconomic credibility. He added that the data strengthens investor confidence both locally and internationally, indicating that Nigeria’s reform agenda is yielding results.
The National Bureau of Statistics report released on Friday confirmed that growth was driven by expansion across agriculture, industry, and services, with the services sector remaining the largest contributor to total output.
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