The National Bureau of Statistics (NBS) has officially announced that Nigeria’s Gross Domestic Product (GDP) grew by 4.07% year-on-year in the fourth quarter (Q4) of 2025.
This performance marks a notable acceleration from the 3.76% growth recorded in the same period of 2024, signaling that the structural reforms and sector-specific interventions implemented throughout the year are beginning to yield tangible results.
A detailed breakdown of the NBS report revealed that Nigeria’s GDP grew by 4.07% across the board, with the Agriculture sector growing by 4.00% in Q4 2025.
This is a sharp increase from the 2.54% growth seen in Q4 2024, reflecting improved security in food-producing regions and successful dry-season farming initiatives.
The Industrial sector also posted a strong showing, growing by 3.88% compared to 2.49% in the previous year. This uptick is largely attributed to a rebound in manufacturing and construction activities, which benefited from stabilizing foreign exchange conditions toward the end of the year.
While the Services sector remains the largest contributor to the economy, representing over 53% of the total GDP, it experienced a slight moderation, growing by 4.15% in Q4 2025. Despite this marginal dip from the previous year’s 4.75%, the sector’s resilience in ICT and Financial Services continued to underpin Nigeria’s overall economic growth in 2025.
Interestingly, the Oil sector showed signs of stabilization, contributing roughly 4.6% to the real GDP. Higher crude production levels and a reduction in pipeline vandalism helped the sector transition from a drag on the economy to a supportive component of the national balance sheet.
“During the quarter under review, agriculture grew by 4.00%, an improvement from the 2.54% recorded in the corresponding quarter of 2024,” NBS said.
“The growth of the industry sector stood at 3.88% from 2.49% recorded in the fourth quarter of 2024, while the services sector recorded a growth of 4.15% from 4.75% in the same quarter of 2024.”
According to the bureau, in terms of share of the GDP, the services sector contributed more to the aggregate GDP in the fourth quarter of 2025 at 55.92 percent compared to the corresponding quarter of 2024 at 55.87 percent.
“On an annual basis, the growth rate in 2025 stood at 3.87% from 3.38% in 2024,” NBS added.
The statistics firm also said that in the quarter under review, the aggregate GDP stood at N122.81 trillion in nominal terms.
This performance, the NBS said, is higher when compared to the fourth quarter of 2024, which recorded an aggregate GDP of N104.47 trillion, indicating a year-on-year nominal growth of 17.55 percent.
