Nigeria’s economy recorded GDP growth above 4 percent in 2025, with inflation dropping below 15 percent and improved exchange rate stability, President Bola Ahmed Tinubu has said.
The President disclosed this in his New Year goodwill message to Nigerians as the country ushered in 2026, a message he personally signed and which was shared by his Special Adviser on Information and Strategy, Bayo Onanuga.
In the message, Tinubu said, “During 2025, we sustained the momentum on our major reforms. We had a fiscal reset and also recorded steady economic progress. Despite persistent global economic headwinds, we recorded tangible and measurable gains, particularly in the economy.”
He added that Nigeria closed the year on a strong note, saying, “Despite the policies to fight inflation, Nigeria recorded a robust GDP growth each quarter, with annualised growth expected to exceed 4 per cent for the year.”
The President also noted that inflation declined steadily and reached below 15 per cent, in line with government targets, while greater exchange rate stability was achieved through sound monetary policy management.
According to him, “Supported by sound monetary policy management, our foreign reserves stood at $45.4 billion as of December 29, 2025, providing a substantial buffer against external shocks for the Naira, and we expect this position to strengthen further in the new year.”
Tinubu said the improved macroeconomic indicators were part of a broader plan to build a resilient, sustainable, inclusive, and growth oriented economy as the government focuses on consolidating gains in 2026.
He said, “As we enter 2026, our focus is on consolidating these gains and continuing to build a resilient, sustainable, inclusive, and growth oriented economy that delivers tangible benefits to Nigerian households.”
The President added that maintaining trade surpluses and stronger buffers would help Nigeria withstand external pressures, while fiscal discipline and patience would remain central to economic management.
Tinubu said the progress recorded so far reinforced the belief that reforms were necessary, noting, “These achievements reaffirm our belief that the difficult but necessary reforms we embarked upon are moving us in the right direction, with more concrete results on the horizon for the ordinary Nigerian.” He said the government remains determined to deepen stability and ensure economic improvements are felt across households and businesses nationwide. In 2026, this focus will guide reform implementation across sectors nationwide.
He expressed confidence that the reforms already in place would position the country for sustained growth and stability, even as global economic uncertainties persist.
