Tinubu Praises Nigeria's GDP Growth in Q2 2026 Report

On Monday night, President Bola Ahmed Tinubu welcomed a report from the National Bureau of Statistics (NBS) showing that Nigeria's Gross Domestic Product (GDP) grew by 4.43% in the second quarter of 2026, up from 4.23% in the same quarter of 2025. The report indicated growth across agriculture, manufacturing, oil and gas, and the service sector, with the aggregate GDP reaching N119.27 trillion, an 18.43% increase from N100.7 trillion in the previous year.

Tinubu, through a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, noted that this positive economic activity reflects a gradual recovery over the past year. He asserted that the report arrives at a crucial time amid opposition claims undermining his administration's efforts since May 2023.

Tinubu emphasized the importance of the reforms implemented to stabilize the economy, highlighting trade surpluses, increased foreign reserves, and improved credit ratings. He also mentioned ongoing initiatives to support vulnerable populations and ensure sustainable economic growth.