Nigeria's Manufacturing Sector GDP Contribution at 9.57%

In the first quarter of 2026, Nigeria's manufacturing sector contributed 9.57% to the country's real Gross Domestic Product (GDP), according to the latest data released by the National Bureau of Statistics (NBS). This figure represents a slight decline from the 9.62% contribution recorded in the corresponding quarter of 2025 but shows a significant improvement from the 7.40% contribution in the fourth quarter of 2025.

The manufacturing sector's nominal GDP contribution for Q1 2026 was 10.08%, compared to 10.78% in Q1 2025 and 8.34% in Q4 2025. The NBS report indicated stronger year-on-year and quarter-on-quarter growth due to increased activities across various industries, including consumer goods, cement manufacturing, and food processing.

Despite this growth, the manufacturing sector continues to call for stronger government support to address structural challenges such as high electricity costs, logistical bottlenecks, insecurity, unstable exchange rates, and rising taxation, which contribute to increased product costs. Nigeria's nominal GDP at basic prices rose to ₦110.79 trillion in Q1 2026 from ₦94.05 trillion in Q1 2025.