Tinubu Welcomes Nigeria’s 4.43% GDP Growth, Promises Stronger Microeconomic Performance

President Bola Ahmed Tinubu expressed satisfaction with Nigeria’s latest GDP figures, which indicate a 4.43% growth in the second quarter of 2026. The National Bureau of Statistics (NBS) reported that this growth surpasses the 4.23% increase seen in the same quarter of 2025. The report also highlighted progress across key sectors, including agriculture, manufacturing, oil and gas, and services, which together account for the majority of the country's GDP.

In nominal terms, Nigeria's aggregate GDP reached ₦119.27 trillion during Q2 2026, marking an 18.43% increase from ₦100.7 trillion in the corresponding period of 2025.

Tinubu emphasized that these economic improvements come at a crucial moment when opposition groups are scrutinizing his administration's policies. He pledged to reverse these criticisms should he be re-elected. The President acknowledged that over the past three years, his administration has focused on implementing necessary reforms to stabilize the economy and set the stage for long-term prosperity.

Despite the challenges, Tinubu highlighted the administration's achievements, such as trade surpluses, the highest foreign reserves in 17 years, and an improved credit rating. He also noted ongoing infrastructure projects, including the construction of durable roads, railways, and superhighways, which are expected to benefit the nation for years to come.