The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has welcomed newly released economic figures showing that Nigeria’s real Gross Domestic Product (GDP) expanded by 4.07 percent in the fourth quarter of 2025.
Reacting to the latest report issued by the National Bureau of Statistics, Edun described the development as evidence of sustained economic recovery and improving macroeconomic stability under the administration of President Bola Tinubu.
In a statement signed by Assistant Director of Information and Public Relations, Mrs Uloma Amadi, the minister noted that the latest performance represents one of the strongest quarterly growth outcomes recorded in recent years.
“This marks the second time in a decade—excluding the immediate post-pandemic rebound—that quarterly growth has exceeded 4%. It follows the 4.23% growth recorded in Q2 2025 and represents a clear improvement from 3.76% in Q3 2024,” Edun said.
He explained that the expansion was driven by improved performance across agriculture, industry, and services — the three critical pillars of the Nigerian economy.
“Agriculture expanded by 4.0%, up from 2.54% in Q4 2024, supported by improved security in food-producing areas and better access to inputs. Industry grew by 3.88%, compared to 2.49% in the corresponding period of 2024, driven by improved foreign exchange liquidity, energy sector reforms, and stronger investor confidence. Services recorded 4.15% growth, reflecting continued expansion in finance, telecommunications, trade, and technology-driven activities,” he stated.
According to the minister, nearly 30 economic subsectors posted growth rates above three percent, highlighting the increasing diversification and resilience of the economy.
He further disclosed that Nigeria’s overall economic performance for the full year also improved significantly, with real GDP growth rising to 3.87 percent in 2025 from 3.38 percent recorded in 2024. The size of the economy, he added, expanded to ₦441.5 trillion compared with ₦372.8 trillion the previous year.
“This performance reflects improved fiscal coordination, disciplined expenditure management, stronger revenue mobilisation, and continued structural reforms aimed at restoring macroeconomic credibility,” Edun said.
He added that the figures are strengthening investor confidence both locally and internationally while indicating steady progress in the government’s reform agenda.
“The Ministry of Finance remains committed to sustained reform implementation, institutional coordination, and transparent engagement with stakeholders,” he concluded.
The NBS report released on Friday showed that growth was broadly supported across agriculture, industry and services, with the services sector maintaining its position as the largest contributor to national economic output.
