President Bola Tinubu has welcomed the latest Gross Domestic Product (GDP) figures showing that Nigeria’s economy grew by 4.43 per cent in the second quarter of 2026, up from 4.23 per cent recorded in the corresponding period of 2025.

The President, in a statement issued on Monday by his Special Adviser on Information and Strategy, Bayo Onanuga, said the latest figures demonstrated that the economic reforms introduced by his administration were beginning to yield positive results.

According to the report by the National Bureau of Statistics (NBS), growth was recorded across key sectors of the economy, including agriculture, manufacturing, oil and gas, and services.

The services sector continued to account for the largest share of Nigeria’s aggregate GDP.

In nominal terms, Nigeria’s GDP stood at N119.27 trillion in the second quarter of 2026, representing an 18.43 per cent increase from the N100.7 trillion recorded in the same quarter of 2025.

Tinubu said the latest economic performance came at a time when opposition parties were criticising his administration’s policies and promising to reverse some of the reforms implemented since May 2023.

He said his administration had spent the past three years undertaking what he described as difficult but necessary reforms aimed at stabilising the economy and creating the foundation for sustainable growth.

“In the past three years, we tried to do the hard part by implementing the necessary reforms to stabilise the economy. Now the economy is stabilised, and we have laid the foundation for a prosperous nation,” the President said.

Tinubu maintained that the impact of the reforms was becoming increasingly evident, citing Nigeria’s trade surplus, stronger foreign reserves and improved international credit ratings as indicators of progress.

He also pointed to increased oil and gas production, ongoing construction of roads and railways, and the return of investors who had previously left the country.

The President further highlighted developments in the education sector, noting that universities had experienced a period without strikes, while students were benefiting from loans administered through the Nigerian Education Loan Fund (NELFUND).

He also cited affordable credit being made available to civil servants through the Nigerian Consumer Credit Corporation (CreditCorp).

According to Tinubu, the administration would in the coming weeks intensify measures aimed at addressing the difficulties facing vulnerable Nigerians.

He said the measures would include providing cheaper transportation options, increasing food production and implementing relief programmes targeted at communities across the country.

“Under our watch, the economy is on the irreversible path to experience even more growth that all homes will feel at the dining table and in their pockets,” Tinubu said.

He, however, stressed that the administration would not become complacent, saying stronger GDP growth must ultimately translate into improved household welfare and living standards.

“We are not resting on our oars. We are fully committed to translating consistent, stronger economic performance into better microeconomic outcomes for our citizens,” he added.

The President also urged vigilance to ensure that the economic gains recorded under his administration were sustained and not reversed.