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GDP Rises to 4.07% in Q4 2025

Naija News • 2d ago
GDP Rises to 4.07% in Q4 2025
**Nigeria's Economy Shows Glimmer of Hope with Q4 2025 GDP Growth** Nigeria's economy is slowly but steadily picking up pace, with the latest data from the National Bureau of Statistics (NBS) revealing a 4.07 per cent growth in the country's Gross Domestic Product (GDP) in the fourth quarter of last year. This growth rate, which is higher than the preceding quarter, marks a welcome respite for Nigerians who have been grappling with economic challenges. According to the NBS report, Nigeria's aggregate GDP at basic price stood at a staggering N122.81 trillion in nominal terms in Q4 2025, representing a nominal growth of 17.55 per cent compared to the same period in 2024. This growth is largely attributed to the non-oil sector, which contributed 97.13 per cent to the country's GDP, a slight increase from the preceding quarter. One sector that has shown significant resilience is the services sector, which contributed 55.92 per cent to GDP in Q4 2025, a slight increase from the corresponding quarter of 2024. This growth is a testament to the sector's ability to adapt to changing economic conditions. In contrast, the oil sector, which has historically been a major contributor to Nigeria's economy, continues to struggle, contributing only 2.87 per cent to total real GDP in Q4 2025. However, the sector's average daily oil production increased to 1.58 million barrels per day in Q4 2025, a slight improvement from the same quarter in 2024. Agriculture, another key sector, contributed 28.66 per cent to aggregate GDP in real terms in Q4 2025, a slight decrease from the preceding quarter. However, the sector's contribution to GDP in 2025 was higher than in 2024, indicating a slight improvement. Overall, the growth in Nigeria's economy in Q4 2025 is a welcome development, and it suggests that the country is slowly but steadily recovering from the economic challenges it faced in recent years. However, it is essential for policymakers to continue implementing policies that will sustain this growth and ensure that it is inclusive and benefits all segments of society. As Nigeria's economy continues to navigate the challenges of the global economy, it is crucial for policymakers to prioritize sectors such as agriculture and manufacturing, which have shown significant growth potential. By doing so, the country can
Source: Original Article. AI-enhanced version.