FG Touts 2025 Economic Gains as Inflation Falls to 14.45%, GDP Hits 3.9% Growth

|By Babatunji Wusu

The Federal Government on Monday highlighted key economic gains recorded in 2025, announcing a sustained decline in inflation, improved growth performance, and stronger external reserves.

The Minister of Information and National Orientation, Mohammed Idris, disclosed this during an end-of-year press conference in Abuja, where he outlined major indicators pointing to economic recovery and resilience.

Idris said headline inflation fell to 14.45 percent in November after declining for eight consecutive months, while food inflation also maintained a steady downward trend. He added that the economy grew by about 3.9 percent in the third quarter of 2025, driven largely by strong performance in the non-oil sector.

According to the minister, Nigeria recorded a trade surplus of N6.69 trillion in the third quarter of the year, reflecting improved export performance and better trade balance outcomes.

He further revealed that the country’s external reserves rose steadily to $44.56 billion, providing a buffer to support the naira and reinforce investor confidence.

Idris also cited improvements in electricity supply as a major achievement, noting that maximum daily energy delivery peaked at 128,370.75 megawatt-hours nationwide in March.

Among other milestones, the minister announced Nigeria’s exit from the Financial Action Task Force (FATF) Grey List and the recapitalization of the Bank of Agriculture with N1.5 trillion, describing the latter as the largest single investment in agricultural financing in the country’s history.

He said President Bola Ahmed Tinubu approved the recapitalization to expand access to affordable credit, boost food production, and strengthen rural livelihoods.

The minister assured Nigerians that the Tinubu administration remains committed to sustaining economic reforms and further easing the cost of living in 2026.