Nigeria’s Gross Domestic Product (GDP) expanded by 4.23 per cent year-on-year in the second quarter of 2025, according to data released by the National Bureau of Statistics (NBS). This marks an improvement from the 3.48 per cent growth recorded in the same quarter of 2024, reflecting continued recovery and resilience in Africa’s largest economy.
The report highlighted stronger activity across major sectors. The agriculture sector grew by 2.82 per cent in real terms during the quarter, up from 2.60 per cent in Q2 2024. The industry sector showed the most notable gains, expanding by 7.45 per cent, compared to 3.72 per cent in the corresponding period of the previous year. Meanwhile, the services sector posted a growth of 3.94 per cent, slightly above the 3.83 per cent recorded in Q2 2024.
The industry sector’s share of GDP also increased, accounting for 17.31 per cent in Q2 2025, higher than the 16.79 per cent recorded in the same quarter of 2024. In nominal terms, aggregate GDP rose to N100.73 trillion in Q2 2025, up from N84.48 trillion in the same period last year, representing a 19.23 per cent nominal year-on-year growth.
Oil Sector Performance
The oil sector played a significant role in boosting growth during the quarter. Average daily crude oil production climbed to 1.68 million barrels per day (mbpd), up by 0.27 mbpd from the 1.41 mbpd recorded in Q2 2024. It also surpassed the 1.62 mbpd reported in Q1 2025.
This increase drove a substantial 20.46 per cent real GDP growth in the oil sector, a sharp rise from 10.08 per cent in Q2 2024 and a significant rebound from the 1.87 per cent growth recorded in Q1 2025. The sector’s overall contribution to GDP stood at 4.05 per cent in Q2 2025, compared to 3.51 per cent in the same quarter of the previous year.
Mining and Quarrying
Growth was further supported by the performance of the mining and quarrying subsector, which includes crude petroleum and natural gas, coal mining, metal ores, and other minerals. The subsector expanded by 20.86 per cent in real terms, driven by a 50.41 per cent increase in quarrying and other minerals and a 32.59 per cent rise in coal mining. Its overall contribution to GDP rose to 4.23 per cent in Q2 2025, up from 3.64 per cent in Q2 2024.
Non-Oil Sector
The non-oil sector also posted steady growth, expanding by 3.64 per cent in real terms in Q2 2025. This was higher than the 3.26 per cent growth in Q2 2024 and the 3.19 per cent growth reported in Q1 2025. Key drivers included agriculture (crop production), information and communication (particularly telecommunications), real estate, financial institutions, trade, construction, and electricity, gas, steam, and air conditioning supply.
Despite this progress, the non-oil sector’s share of GDP declined slightly to 95.95 per cent in Q2 2025, down from 96.49 per cent in the same quarter of 2024 and 96.03 per cent in Q1 2025.
The NBS noted that Nigeria’s overall economic performance reflects stronger activity across key sectors, with notable gains in oil production, mining, and industrial output underpinning the country’s growth trajectory in the second quarter of 2025.
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