₦airaland Forum

Nigeria’s real Gross Domestic Product grew by 4.23 per cent (year-on-year) in the second quarter of 2025, the National Bureau of Statistics revealed in its Q2 2025 GDP Report.

According to the report released on Monday on its website, the figure shows a significant improvement compared to 3.48 per cent recorded in the second quarter of 2024 and the 3.13 per cent recorded in Q1 2025.

PUNCH Online reports the figures signal a strengthening economy, driven by recent rebasing, rebound in oil production and a resilient non-oil sector.

The report said, “Following the rebasing [url][/url]of the Gross Domestic Product using 2019 as the base year, previous quarterly GDP estimates were benchmarked to the rebased annual estimates to align the old series with the new rebased estimates

Ttalk:
Good news about Nigeria is a balm to the heart of patriotic Nigeria. Nigeria will continue grow stronger and better.

Rational Nigerians are begining to see and appreciate the hard work the president is doing that other president in the past could not do.

It's not by talk, but by action, the president has laid solid economic foundation and in 2 years we are already seeing the result.

Our balance of trade is now in positive
Inflation going down
Naira stabilizing against dollar.
Huge

Racoon:
A GDP growth in background of worsening hardship, increasing cost of living, worsening reducing power, increased govt borrowing, double-digit inflation, is not in tandem is nothing to write home about

lionshare:
Do you prefer a decline in GDP?

Racoon:
Does the unfortunate fellas plaguing the hapless citizens of this nation appreciate what the GDP is today? Per person capital GDP is the best index of assessment not even the GDP of a nation.

lionshare:
Nigeria’s real Gross Domestic Product grew by 4.23 per cent (year-on-year) in the second quarter of 2025, the National Bureau of Statistics revealed in its Q2 2025 GDP Report.

According to the report released on Monday on its website, the figure shows a significant improvement compared to 3.48 per cent recorded in the second quarter of 2024 and the 3.13 per cent recorded in Q1 2025.

PUNCH Online reports the figures signal a strengthening economy, driven by recent rebasing, rebound in oil production and a resilient non-oil sector.

The report said, “Following the rebasing [url][/url]of the Gross Domestic Product using 2019 as the base year, previous quarterly GDP estimates were benchmarked to the rebased annual estimates to align the old series with the new rebased estimates


https://punchng.com/breaking-nigerias-gdp-grows-by-4-23-in-q2-2025-nbs/

lionshare:
Ok, assuming you’re correct in both instances, do you still prefer a further decline in the GDP per capita of Nigerians?

Racoon:
A GDP growth in background of worsening hardship, increasing cost of living, worsening reducing power, increased govt borrowing, double-digit inflation, is not in tandem is nothing to write home about

helinues:
This thread is not for your likes. This is not sad news about Nigeria. You are not expected here.

This news is for progressive Nigerians

helinues:
Enemies of progress should stay out of this thread as this news is not for them.

Commentor:
He can't answer that.

Racoon:
A GDP growth in background of worsening hardship...

AMINDA:
Is it the rebased one or the actual one?

Ttalk:
Where did you get this propaganda

Every Budget bill are shared to all 360 HoR and 109 Senate members and when after it hac been passed and assented to by the president the copy is also shared to each member of Parliaments in soft and hard copy.

This propaganda exposes the carrier as lacking in basic running of the government

AMINDA:
This discussion is clearly above your pay grade. Tinubu is currently running 2023, 2024 and 2025 budgets concurrently. This is unprecedented in the history of the country.

lionshare:
Ok, assuming you’re correct in both instances, do you still prefer a further decline in the GDP per capita of Nigerians?

Mindlog:
It is not about his preference, for overwhelming majority of Nigerians, what can their naira buy them in the market to meet their basic needs, NBS generated GDP figures is the least of their worries.

lionshare:
Is it really right to feel sad when their situation is not getting worse but steadily improving? Are you an enemy of progress? It seems you don’t care about the pains of the masses easing; instead, you want it to get worse for whatever reason.