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Non oil sector drives Nigeria economic growth

Last updated: February 28, 2026 12:42 pm
1 month ago
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1 Min Read
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Nigeria's Coat-of-Arms

Nigeria’s economy expanded by 4.07 per cent year-on-year in the fourth quarter of 2025, according to the latest GDP report released by the National Bureau of Statistics.

The growth marks an improvement from 3.76 per cent recorded in Q4 2024, reflecting a stronger year-end performance. Full-year growth stood at 3.87 per cent, up from 3.38 per cent in 2024.

Data from the NBS shows broad-based expansion across agriculture, industry, oil and services. Agriculture grew by 4.00 per cent, industry by 3.88 per cent, and services by 4.15 per cent, with services accounting for 55.92 per cent of total GDP in the quarter.

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In nominal terms, GDP rose by 17.55 per cent to N122.81 trillion from N104.48 trillion in Q4 2024. Average daily crude oil production increased to 1.58 million barrels per day, up from 1.54 million barrels per day a year earlier, though slightly below Q3 2025 levels.

The oil sector recorded 6.79 per cent real growth, while the non-oil sector grew by 3.99 per cent and contributed 97.13 per cent to GDP in the quarter, underscoring its continued dominance in economic activity.

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