Nigeria’s economic growth picked up slightly in the fourth quarter of 2025, reaching 4.07% year-on-year, driven by improvements in both oil and non-oil sectors.
The oil sector grew 6.79% year-on-year, while the non-oil sector expanded 3.99%.
The National Bureau of Statistics attributed the growth to increased oil production, averaging 1.58 million barrels per day, and a strong non-oil sector performance.
The growth rate was faster than the third quarter’s 3.98% reading but short of ambitious targets set by President Bola Tinubu.
The president has implemented reforms, including scrapping fuel and power subsidies, devaluing the naira, and overhauling the tax system, to strengthen public finances and boost growth.
