Renewed Hope Agenda working, Tinubu hails GDP growth to 4.43%

President Bola Tinubu expressed optimism on Monday regarding Nigeria's economic growth, as reported by the National Bureau of Statistics. According to the latest data, the country's Gross Domestic Product (GDP) expanded by 4.43% in the second quarter of 2026, an increase from 4.23% in the same period of 2025. Tinubu hailed this growth as a testament to the effectiveness of his administration's economic reforms.

The Special Adviser to the President on Information and Strategy, Bayo Onanuga, revealed these details in a statement. The report also highlighted growth across various sectors such as agriculture, manufacturing, oil and gas, and services, with the services sector now being the dominant contributor to the economy. In nominal terms, the aggregate GDP for the second quarter was N119.27tn, marking an 18.43% increase from N100.7tn in the same period last year.

Tinubu emphasized the significance of this report, coming amidst opposition efforts to undermine his administration's achievements. He asserted that the Renewed Hope Agenda, launched in 2023, has laid the groundwork for a prosperous Nigeria. The President cited several successes, including trade surpluses, record-high foreign reserves, and improved credit rating.

He also mentioned infrastructure developments like roads, railways, and superhighways, as well as increased oil and gas production. Tinubu highlighted improvements in education and access to affordable credit for civil servants. He assured that more measures to aid vulnerable Nigerians, such as cheaper transport and food production programs, would be implemented in the coming weeks.

The President pledged to continue working towards ensuring the reported growth translates into tangible benefits for ordinary households.