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Nigeria’s economy grows 4.07% as reforms gain ground

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The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has described Nigeria’s latest economic growth figures as a sign that the country’s reform programme is beginning to deliver measurable results.

Fresh data released by the National Bureau of Statistics (NBS) shows that Nigeria’s economy grew by 4.07 per cent in the fourth quarter of 2025. According to the Minister, this is a significant milestone, as it is one of the few times in the past decade—apart from the short rebound after the COVID-19 slowdown—that quarterly growth has gone above 4 per cent.

Edun said the new figures show a steady upward movement in economic performance. He noted that growth in the fourth quarter builds on the 4.23 per cent recorded in the second quarter of 2025 and represents a clear improvement compared to the 3.76 per cent posted in the third quarter of 2024.

“This performance shows that our reform efforts are strengthening macroeconomic stability and gradually restoring confidence in the Nigerian economy,” he said.

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He explained that the improvement was not driven by one sector alone, but by progress across agriculture, industry and services.

In the agricultural sector, output rose strongly compared to the same period last year. Edun said better security in food-producing areas, improved access to farm inputs and targeted government support contributed to the stronger results.

He also pointed to gains in the industrial sector, where growth picked up compared to the previous year. According to him, improved availability of foreign exchange, ongoing energy reforms and renewed investor interest helped boost production activities.

The services sector, which includes banking, telecommunications, trade and technology-related businesses, also recorded solid expansion. Edun said this shows that Nigeria’s service-based industries remain resilient and continue to create value.

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“What is encouraging is that growth is becoming more broad-based,” he said. “It is no longer limited to a few isolated areas of the economy.”

The NBS data also revealed that for the whole of 2025, Nigeria’s economy grew by 3.87 per cent, an improvement over the previous year’s figure. As a result, the overall size of the economy increased significantly in nominal terms.

Edun said this reflects stronger economic coordination, better management of public finances and reforms designed to rebuild trust in Nigeria’s fiscal and monetary systems.

He added that the figures send a positive message to investors at home and abroad.

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“These numbers show that Nigeria is on a steady reform path. With improved coordination, stronger revenue mobilisation and greater transparency in public finance, we are positioning the country as a stable and competitive destination for long-term investment,” he said.

The Minister assured that the government would continue to focus on disciplined implementation of reforms and close collaboration among economic institutions to sustain the momentum.

For many Nigerians, economic growth figures may seem distant from daily realities. However, analysts say sustained expansion across key sectors can translate into more jobs, increased business opportunities and improved government revenue to fund infrastructure and social services.

With growth now crossing the 4 per cent mark in consecutive quarters, attention will turn to whether the momentum can be maintained while addressing inflationary pressures and cost-of-living concerns. The Finance Ministry insists that maintaining stability and deepening reforms remain central to the government’s economic strategy.

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WATCH: Rep OK Chinda displaying what’s he’s best known for, humility

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Rep OK Chinda the gubernatorial flag bearer of APC in Rivers State is best known for his humility both at home and in the diaspora.

In this short video clip, he still displays that embodiment of humility.

Watch:

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Reps Demand Urgent Action Over Bille Gas Seepage, Odidi Oil Spill

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By Gloria Ikibah

The House of Representatives Committee on South-South Development Commission has demanded urgent and concrete measures to end the prolonged gas seepage in Bille Community, Rivers State, and the oil spill affecting Odidi Federated Community in Delta State.

Chairman of the committee, Rep. Julius Gbabojor Pondi, gave the directive on Thursday during a stakeholders’ engagement on the Bille gas seepage and a legislative hearing on the Odidi oil spill in Abuja.

Pondi said the two incidents had exposed residents of the oil-producing region to serious environmental and economic challenges, while responses from relevant authorities had failed to provide satisfactory and lasting solutions.

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He said the committee became particularly concerned about the Bille incident following its engagement with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the National Oil Spill Detection and Response Agency (NOSDRA) on July 30, 2026.

According to him, the gas seepage had persisted for about nine months, with no clear end in sight.

He noted that Bille, a predominantly fishing community, had suffered losses to livelihoods, food security, household incomes, education and the general wellbeing of residents.

Pondi said: “The implications are serious. Beyond the potential risks to health, safety and the environment, the incident has imposed severe economic hardship on the people of Bille.

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“It is unacceptable for an incident of this magnitude to persist for so long without a clear, time-bound and effective resolution strategy”.

The lawmaker said the stakeholders’ meeting was convened to establish the facts surrounding the incident, assess the response so far, identify obstacles and agree on practical and measurable steps towards resolving the crisis.

He said the committee expect detailed briefings from the operating companies, NUPRC, NOSDRA and other relevant agencies on the cause, extent and present status of the seepage.

Pondi also said representatives of Bille will be allowed to present their concerns and explain the relief and interventions required by the community.

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“Most importantly, we want to move from prolonged discussion to concrete action and lasting resolution,” he said.

Presenting the agency’s technical findings, a Director of NOSDRA, Dr Yusuf Rigasa, confirmed the presence of several gases, including hydrogen sulphide, methane, volatile organic compounds and carbon dioxide, in parts of Bille, Degema Local Government Area of Rivers State.

Rigasa said investigations had established what he described as “multi-point subsurface gas bubbling” at several locations, including the premises of the Government Primary and Secondary School.

He said the school had subsequently been abandoned, while gas bubbling was also detected around waterways and mangrove areas.

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According to him, NOSDRA conducted an air-quality assessment on December 6, 2025, at 19 locations and recorded elevated levels of hydrogen sulphide, methane, volatile organic compounds and carbon dioxide.

He explained that hydrogen sulphide has a characteristic rotten-egg odour, while methane is highly flammable and potentially explosive.

Rigasa said the levels recorded during the assessment exceeded applicable regulatory thresholds.

He added that laboratory analysis of samples collected on December 16, 2025, also revealed elevated levels of total petroleum hydrocarbons in groundwater, surface water and sediment.

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The findings, he said, showed that soil, surface water and groundwater in parts of Bille had been affected by pollution.

The NOSDRA official said the agency’s technical presentation to the Minister of Petroleum Resources indicated that the gas seepage was probably biogenic, resulting from the degradation of organic matter.

He stressed, however, that the agency had not established that the gas originated from a hydrocarbon source.

Rigasa said the technical team had compared the situation with the 1986 Lake Nyos gas disaster in Cameroon, where a sudden release of carbon dioxide killed about 1,700 people and large numbers of animals.

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He, however, stressed that NOSDRA had not identified any oil and gas operator as the source of the seepage.

According to him, the agency worked with operators including Renaissance, Eroton and New Cross, as well as the Nigerian National Petroleum Company, during the preliminary investigation.

He said NUPRC had also indicated that it had no record of pipelines in the immediate area where the seepage was occurring.

“That also tells us our findings, because we searched for oil and gas assets at the locations. There were none. That is why we are not able to actually pin a certain operator to what is actually happening,” he said.

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Rigasa said NOSDRA’s findings had been corroborated by NUPRC, while a reservoir survey was ongoing to determine whether there was any connection to an underground hydrocarbon reservoir.

He explained that NUPRC was responsible for the reservoir investigation, while NOSDRA’s mandate was primarily environmental.

“What we can confirm for the House is that the air, the groundwater, the surface water and the sediment in the swampy areas in that village, they are all polluted,” Rigasa added.

The Bille Kingdom Chiefs Council also used the hearing to raise fresh concerns about the impact of the gas seepage on the community.

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Secretary-General of the council, Chief Luckyman Egbila, Opu Gbolo III of Ancient Bille Kingdom, said the incident began on November 6, 2025, in the mangrove area where women had gone to harvest periwinkles.

He explained that Bille was predominantly a fishing community situated on a riverine island and accessible only by water.

Egbila said the community immediately alerted the relevant authorities, leading to an initial visit by NOSDRA and subsequent assessments.

He said although NOSDRA made recommendations, including the excavation of some areas, the community was not given the full reports of the investigations.

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According to him, residents were eventually forced to travel to Abuja and write to relevant agencies after failing to receive satisfactory responses from regulators.

Egbila explained that further engagements were later held with operators, during which air quality, soil and water tests were conducted.

However, he said the community again did not receive the results of the tests.

Egbila said the situation had continued to deteriorate, with gas bubbling reported in several mangrove areas.

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“Up till now, we are yet to see anything. Just as it happened the first time, they have gone back to sleep.

“Our people cannot go to fishing. Most of the mangroves are bubbling. Particularly, we don’t have water to drink. We don’t have water to eat with,” he said.

The community leader also alleged that dugout wells had become contaminated, while some residents, including children, had developed health problems.

He said the Rivers State Government had provided N100 million in palliative support, part of which was used to provide food and conduct a medical outreach.

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However, he maintained that the intervention was inadequate given the length and severity of the crisis.

Egbila said NUPRC had also provided food items to the community, with contributions from operators and other oil and gas companies, but the supplies lasted only a few days.

He called for the immediate provision of potable water.

“Water is life. We can’t exist without potable drinking water,” he said.

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The Bille representative also appealed for the permanent resolution of the gas seepage, saying residents needed to return to fishing and other economic activities.

He said the community hosts two major oil mining leases, OML 18 and OML 24, as well as gas infrastructure, and contributes significantly to the national economy.

Egbila said the crisis had also affected education in the community, forcing pupils to leave the primary school because of concerns over exposure to the emissions.

He added that the secondary school was considering reducing teaching hours to limit students’ exposure to the affected air.

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He appealed for the upgrading of the community’s primary health centre and the deployment of resident doctors.

According to him, residents face serious difficulties accessing medical care in Port Harcourt because Bille can only be reached by water.

“Most times when people fall sick, by the time you rush them, get the boats and get to Port Harcourt, we keep losing these souls and lives,” he said.

Egbila further raised concerns about the condition of water from boreholes, alleging that some water that initially appeared clear turned black shortly after being pumped.

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He urged the Federal Government, regulatory agencies and oil and gas companies to provide safe drinking water, address the health and livelihood consequences and find a lasting solution to the seepage.

Meanwhile, the chairman said the committee will proceed with a legislative hearing into the oil spill affecting Odidi Federated Community in Delta State.

He said the incident had reportedly persisted for more than five months.

According to him, the hearing will establish when the spill occurred and was reported, its cause, the containment measures taken, the extent of the affected environment, the state of remediation and why the spill had continued for so long.

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“Our approach will be fair, objective and evidence-based. We are not here to prejudge any party, but to establish the facts, promote accountability and facilitate solutions,” he said.

Pondi described the Bille and Odidi cases as examples of the wider environmental and developmental problems confronting the South-South region.

He said communities in the region continued to bear a heavy environmental burden despite their significant contribution to Nigeria’s oil and gas economy.

“This contradiction must be addressed. The wealth derived from the natural resources of the Niger Delta must not come at the unacceptable cost of the health, livelihoods and future of its people,” he said.

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The committee chairman said the House had a constitutional responsibility to ensure effective oversight and accountability, particularly among institutions responsible for environmental protection and resource management.

He warned that the proceedings must not end with expressions of concern without concrete implementation.

“We expect clear resolutions, firm commitments, defined responsibilities and measurable timelines,” he said.

Pondi added that immediate interventions should begin without delay, while technical assessments and remediation should be properly planned, funded and monitored.

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He assured residents of Bille and Odidi that the House had heard their concerns and would continue to press for appropriate action.

“You deserve prompt intervention, effective remediation, meaningful relief and a clear pathway towards restoring your environment and livelihoods,” Pondi said.

He said the ultimate objective was to build a South-South region where natural resources could be developed responsibly, host communities protected, environmental incidents addressed promptly and economic development pursued alongside environmental sustainability, social justice and human dignity.

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We must be resilient, combating drug war is a generational task, Marwa charges NDLEA officers (Photos)

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. Honours 274 personnel, 18 Commands, 19 NGOs, media platforms at 12th awards ceremony in Abuja

The Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency (NDLEA), Brig. Gen. Mohamed Buba Marwa (Rtd.) has charged officers, men and women of the anti-narcotics institution to remain resilient in view of the persistent nature of the drug challenge, which he described as a generational responsibility.

He gave the charge on Thursday 13th August 2026 during the 12th Chairman/Chief Executive Officer’s Commendations and Awards ceremony at the Agency’s national headquarters in Abuja where he honoured 274 personnel for outstanding performance in the discharge of their duties, and 18 best-performing commands as well as 19 NGOs and media organisations for their commitment to the war against drug abuse (WADA) advocacy in Nigeria.

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According to him, “the war against illicit drugs is not a campaign with an end date. It is a generational responsibility. For every cartel we dismantle, intelligence tells us another will attempt to rise. For every corridor we shut down, traffickers will search for another route.”

He explained that the fight against drug trafficking could never be won by enforcement alone, noting that NGOs work quietly within communities to walk young people back from the edge of addiction, while journalists have told difficult stories on trafficking routes, rehabilitation, and family recovery that are not always easy to tell.

He acknowledged that many more deserving organisations and media platforms across the country exist beyond the honourees, describing the gesture as “the beginning of a tradition, not a closed chapter,” and assuring that subsequent editions of the ceremony will continue to identify and honour more individuals and organisations doing similar work.

“The fight against drug trafficking and substance abuse was never going to be won by enforcement alone. It is won in the communities where NGOs quietly walk young people back from the edge of addiction. It is won in the newsrooms where journalists chose to tell the difficult stories, the stories of trafficking routes, of rehabilitation, of families rebuilding, even when those stories were not the easiest to tell. Our partners in civil society and the media have been the multiplier effect on everything this Agency does. You have taken our message into homes, schools, and communities that our uniforms alone could never reach.”

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Marwa highlighted some recent major operations that he said captured the character of the Agency: the dismantling of the Amadi Simon drug cartel; the takedown of two Nigerian-Mexican methamphetamine cartels operating within forests in Ogun and Oyo States; and the disruption of a tramadol cartel exploiting the Togo–Benin Republic–Nigeria corridor, which he described as a route that had for years fed a crisis of opioid abuse among Nigerian youth.
“These were not simple raids. They were the product of patient intelligence-gathering, cross-border cooperation, and officers willing to go where the criminals believed no one would follow”, he noted.

The NDLEA boss charged officers of the Agency to see the honourees as a standard to reach for rather than a ceiling to stop at, and urged partners in civil society and the media to view the recognition as an invitation to do more, not a reward to rest on.
He congratulated all recipients of awards and commendations, and thanked their families as well as Nigerians who continue to place their trust in the Agency.

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