FG highlights inflation drop, GDP growth, others as economic gains in 2025

Breezynews
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The Federal Government has outlined key economic gains recorded in 2025, including a decline in inflation to 14.45 per cent in November, Gross Domestic Product (GDP) growth of about 3.9 per cent in the third quarter, and a steady rise in external reserves to $44.56 billion.

The Minister of Information and National Orientation, Mohammed Idris, disclosed this on Monday during his end-of-year press conference in Abuja.

Idris said the country recorded a trade surplus of N6.69 trillion in the third quarter of 2025, alongside improvements in electricity supply, with maximum daily energy reaching 128,370.75 megawatt-hours nationwide in March.

He also listed Nigeria’s exit from the Financial Action Task Force (FATF) Grey List and the recapitalisation of the Bank of Agriculture with N1.5 trillion as major achievements of President Bola Ahmed Tinubu’s administration in 2025.

According to the minister, the economy demonstrated resilience, particularly in the non-oil sector, as GDP grew by about 3.9 per cent in the third quarter of the year.

‘Headline inflation has declined for eight consecutive months, standing at 14.45 per cent in November 2025, while food inflation is also on a steady downward trend’, he said.

Idris added that the country’s external reserves had strengthened to about $44.56 billion, providing a buffer to stabilise the naira and boost investor confidence.

He noted that President Tinubu’s approval of the N1.5 trillion recapitalisation of the Bank of Agriculture marked the largest single injection into agricultural financing in recent history.

The minister assured Nigerians that President Tinubu’s administration remains committed to further easing the cost of living in 2026.

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