Nigeria's GDP Grows 4.43% in Q2 2026, Tinubu Says

President Bola Ahmed Tinubu welcomed the latest Gross Domestic Product (GDP) figures released by the National Bureau of Statistics (NBS), indicating that Nigeria's real GDP grew by 4.43% in Q2 2026, surpassing the 4.23% growth in Q2 2025. The report highlighted growth across key sectors, including agriculture, manufacturing, oil and gas, and services, with the services sector being the largest contributor to GDP.

In nominal terms, Nigeria's GDP reached N119.27 trillion in Q2 2026, an 18.43% increase from N100.7 trillion in Q2 2025. Tinubu, through his spokesman Bayo Onanuga, stated that this growth comes amid criticism from opposition parties regarding his economic policies.

He emphasized that the government has spent three years implementing necessary reforms to stabilize the economy and lay the groundwork for sustainable growth. Tinubu pointed to trade surpluses, improved foreign reserves, and ongoing infrastructure projects as evidence of progress, asserting that the economy is on an irreversible path to growth.