Abuja — Nigeria’s economy maintained steady growth for 12 consecutive months in 2025, demonstrating resilience despite domestic and global economic challenges, the federal government has said.
Minister of Information and National Orientation, Mohammed Idris, made this known on Monday while presenting the government’s end-of-year scorecard in Abuja.
Idris said the sustained growth was reflected in the Purchasing Managers’ Index (PMI), a key indicator of business confidence, which recorded uninterrupted expansion throughout the year.
“The most recent PMI data indicates that Nigeria has now seen 12 consecutive months of growth in economic activities,” he stated, emphasizing that the non-oil sector continues to drive the economy forward amid inflationary pressures.
The minister added that Nigeria’s Gross Domestic Product (GDP) grew by 3.98 per cent in the third quarter of 2025, boosted by expansions in services, trade, and manufacturing.
He further noted that headline inflation declined for eight consecutive months to 14.45 per cent in November, while the country’s external reserves strengthened to about $44.56 billion.
Idris assured that the federal government remains focused on consolidating macroeconomic stability and ensuring that growth translates into better living standards for Nigerians.
He said the 2026 budget would prioritise security, infrastructure, youth empowerment, and social welfare to sustain the current economic momentum.
“The mission of 2026 is to build a secure, competitive, and prosperous Nigeria,” he said, describing President Tinubu’s vision as bold and focused, and affirming that the country is “truly on the move” toward inclusive and sustainable growth.
