The Federal Government says the country’s economy has achieved steady growth in 2025, easing inflation and raising investor confidence.
The Minister of Information and National Orientation Mohammed Idris revealed this at the end-of-year press conference in Abuja,
He also stressed that key macroeconomic indicators showed that reforms under President Bola Tinubu were beginning to yield measurable results, even as the administration continued to confront security and social challenges.
According to him, the Gross Domestic Product grew by 3.98% in the third quarter of 2025, demonstrating resilient and sustained expansion in the non-oil sector.
He added that significantly, headline inflation had now declined for eight consecutive months, to stand at 14.45% in November 2025 while food inflation was also on a steady downward trend.
Idris further stressed that the nation’s external reserves had strengthened to about 44.56 billion dollars, providing a robust buffer that stabilized the currency and assured international investors,
Edited by Favour Owonibi.