Idris: Nigeria’s 3.87% GDP growth outpaces population for first time in decade

24 Apr 2026

By Ejire Folakunmi

Nigeria’s Minister of Information and National Orientation, Mohammed Idris, has declared an end to years of economic stagnation, revealing that the nation’s real GDP grew by 3.87% in 2025, marking the first time in nearly a decade that economic expansion has officially outpaced population growth.

Speaking at a high-stakes interactive session with foreign media in Abuja on Thursday, April 23, 2026, Idris used the data to anchor a broader narrative of “The Great Renewal.”

He asserted that the administration’s aggressive structural reforms, though difficult, have successfully moved the country from a state of fragility toward a sustainable consolidation phase.

Supported by the Ministers of Finance and Trade, the session was designed to recalibrate the global perception of Nigeria from a “crisis-prone” economy to a leading African industrial hub.

The statistic that growth is finally outstripping population increase (historically cited at roughly 2.6% to 3% in Nigeria) is the most significant “mechanical” win for the Tinubu administration to date.

For years, the Nigerian economy was essentially running in place, growing slower than the number of people it needed to support.

By breaking this cycle with a 3.87% surge, the government is signaling that its “shock therapy”—including the removal of fuel subsidies and currency unification-is finally yielding a productivity surplus.

This session also marks a shift in the National Orientation strategy. By bringing in Taiwo Oyedele (Finance) and Dr. Jumoke Oduwole (Trade), the government is moving away from purely political messaging toward “data-driven diplomacy.”

The focus on NELFUND student loans and digital infrastructure is a deliberate attempt to show that the growth isn’t just a “paper gain” for oil and gas, but is being funneled into human capital.

For the international community, the message is that Nigeria is no longer just a “frontier market” full of potential, but an emerging market that is actively refining its institutional frameworks to support industrial-scale investment.