By Obinna Uballa
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has welcomed new data showing that Nigeria’s real Gross Domestic Product (GDP) grew by 4.07 per cent in the fourth quarter of 2025.
The figures, released by the National Bureau of Statistics (NBS), indicate a strengthening economic performance driven by improvements across agriculture, industry and services.
In a statement issued on Saturday and signed by the Assistant Director, Information and Public Relations, Mrs Uloma Amadi, Edun described the growth as evidence of broad-based expansion and improving macroeconomic stability under President Bola Ahmed Tinubu’s administration.
According to the minister, the latest performance marks only the second time in a decade – excluding the immediate rebound following the COVID-19 pandemic – that quarterly growth has surpassed four per cent. He noted that the 4.07 per cent expansion follows a stronger 4.23 per cent growth recorded in the second quarter of 2025 and represents a significant rise from the 3.76 per cent posted in the third quarter of 2024.
Edun attributed the fourth-quarter growth to solid contributions from the three major sectors of the economy.
Agriculture expanded by 4.0 per cent, an improvement from 2.54 per cent recorded in the corresponding period of 2024. He said the sector benefited from improved security in key food-producing areas and enhanced access to farm inputs.
The industrial sector grew by 3.88 per cent, compared to 2.49 per cent in Q4 2024, supported by better foreign exchange liquidity, ongoing energy sector reforms and increased investor confidence.
Meanwhile, the services sector recorded a 4.15 per cent growth rate, maintaining its position as the largest contributor to overall output. Growth in services was driven by sustained expansion in finance, telecommunications, trade and technology-based activities.
The minister further disclosed that about 30 subsectors recorded growth rates above three per cent, underscoring what he described as the breadth and increasing diversification of Nigeria’s economic recovery.
For the full year 2025, Nigeria’s real GDP grew by 3.87 per cent, up from 3.38 per cent in 2024. The overall size of the economy also increased to N441.5 trillion, compared to N372.8 trillion in the previous year.
Edun said the performance reflects improved fiscal coordination, disciplined public expenditure management, stronger revenue mobilisation and sustained structural reforms aimed at restoring macroeconomic credibility.
He added that the data reinforces confidence among domestic and international investors and signals that the country’s reform agenda is gaining traction.
“The Ministry of Finance remains committed to sustained reform implementation, institutional coordination and transparent engagement with stakeholders,” the minister stated.
The NBS report released on Friday confirmed that the expansion was driven by growth across agriculture, industry and services, with the services sector retaining its lead as the largest contributor to national output.
