•30 subsectors record growth rates above 3%

From Adanna Nnamani, Abuja

Nigeria’s economic output expanded significantly in 2025, with the size of the economy rising by nearly N70 trillion within one year.

Figures released recently by the National Bureau of Statistics (NBS) show that the country’s Gross Domestic Product (GDP) grew to N441.5 trillion in 2025, up from N372.8 trillion recorded in 2024, reflecting an increase of about N68.7 trillion.

The data also indicate that Nigeria’s real GDP grew by 3.87 per cent for the full year 2025, improving on the 3.38 per cent posted in 2024. In the fourth quarter of 2025 alone, the economy expanded by 4.07 per cent, marking one of the few occasions in the past decade, excluding the immediate post-pandemic rebound, that quarterly growth has crossed the 4 per cent threshold.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said the performance reflects strengthening macroeconomic stability and the impact of ongoing reforms.

According to the data, growth in the final quarter of 2025 was driven by sustained expansion across agriculture, industry and services. Agriculture grew by 4.0 per cent, industry expanded by 3.88 per cent, while services recorded 4.15 per cent growth.

Notably, about 30 subsectors recorded growth rates above 3.0 per cent, suggesting that expansion is becoming more broad-based rather than concentrated in isolated segments of the economy.

The Ministry of Finance said the improved performance reflects stronger fiscal coordination, disciplined expenditure management and reforms aimed at restoring macroeconomic credibility.

Officials also noted that the latest figures send a positive signal to investors and international partners, indicating that Nigeria’s reform trajectory is gaining traction and positioning the country as a more stable destination for long-term capital.