Posted by Samuel on Mon 22nd Dec, 2025 - tori.ng
The Minister of Information and National Orientation, Mohammed Idris, disclosed this on Monday during his end-of-year press conference in Abuja.
The Federal Government has highlighted major economic achievements in 2025, noting a drop in inflation to 14.45 percent in November, GDP growth of approximately 3.9 percent in the third quarter, and a consistent increase 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 recapitalization 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 percent in the third quarter of the year.
“Headline inflation has declined for eight consecutive months, standing at 14.45 percent 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 stabilize the naira and boost investor confidence.
He noted that President Tinubu’s approval of the N1.5 trillion recapitalization of the Bank of Agriculture marked the largest single injection into agricultural financing in recent history.
The minister assured Nigerians that the Tinubu administration’s remains committed to further easing the cost of living in 2026.