The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has welcomed the latest data from the National Bureau of Statistics showing that Nigeria’s real Gross Domestic Product grew by 4.07% in the fourth quarter of 2025.
In a statement on Saturday signed by Assistant Director, Information and Public Relations, Mrs Uloma Amadi, Edun described the growth as a sign of broad-based economic expansion and strengthening macroeconomic stability under the leadership of President Bola Tinubu.
“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,” the Minister said.
Edun noted that growth in the fourth quarter was supported by the three major sectors of the 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 said.
The Minister highlighted that approximately 30 subsectors recorded growth above 3%, showing the breadth and increasing diversification of the expansion.
He also noted that for the full year, Nigeria’s real GDP grew by 3.87%, up from 3.38% in 2024, with the size of the economy increasing to ₦441.5 trillion, compared with ₦372.8 trillion in 2024.
“This performance reflects improved fiscal coordination, disciplined expenditure management, stronger revenue mobilisation, and continued structural reforms aimed at restoring macroeconomic credibility,” Edun said, adding that the 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,” he concluded.
The report released by the National Bureau of Statistics on Friday indicated that the expansion was supported by growth across the three major sectors of the economy, agriculture, industry and services, with the services sector retaining its position as the largest contributor to overall output.
