Plus234Feed

Nigeria's Manufacturing GDP Contribution Falls to 8.05%

Nigeria's Manufacturing GDP Contribution Falls to 8.05%

According to the National Bureau of Statistics, Nigeria's manufacturing sector contributed 8.05% to the real GDP in Q4 2025, a decline from 8.24% in Q4 2024. This decrease occurred despite a slight improvement in annual real growth, which underscored the sector's weak structural momentum within the broader economy.

The manufacturing sector comprises thirteen sub-activities, including oil refining, cement, food and beverage, tobacco, textiles, chemicals, pharmaceuticals, basic metals, and motor vehicle manufacturing. The real GDP growth for the manufacturing sector stood at 1.13% year-on-year in Q4 2025, lower than the previous quarter's growth of 9.01% for the full year, which was 1.41% in 2025, slightly higher than 1.20% in 2024.

Despite nominal growth of 12.96% in 2025 compared to 10.84% in 2024, the sector's contribution to nominal GDP fell to 8.46% in 2025 from 8.85% in 2024, indicating a decline in its overall economic share.

Plus234Feed summary based on reporting from Nairametrics. Read the original report below.

Read full article

Continue on Nairametrics

Visit
Share
Nigeria's Manufacturing GDP Contribution Falls to 8.05% | Plus234Feed