Nigerians have questioned the impact of Nigeria’s economic growth after the country’s Gross Domestic Product, GDP, grew by 4.43 percent in real terms in the second quarter of 2026, according to the National Bureau of Statistics, NBS.
The NBS, in its GDP report released on Monday, said Africa’s most populous economy grew from the 3.89 percent recorded in Q1 2026.
The latest figure represents a 0.20 percentage-point increase from the 4.23 percent recorded in the second quarter of 2025.
According to the NBS, the country’s nominal GDP stood at N119.29 trillion, while real GDP stood at N53.47 trillion in Q2 2026.
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NBS data showed that the services sector, with 56.62 percent, and the agriculture sector, with 26.15 percent, led the economy, while the industrial sector, at 3.96 percent, slowed during the period under review.
Reacting, President Bola Ahmed Tinubu, in a statement by his presidential spokesperson, Bayo Onanuga,
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