Tinubu hails 4.43% Q2 GDP growth, says reforms working

President Bola Ahmed Tinubu has welcomed Nigeria’s 4.43 per cent economic growth recorded in the second quarter of 2026, saying the figure shows that his administration’s economic reforms are beginning to deliver results.

The National Bureau of Statistics reported that real Gross Domestic Product grew by 4.43 per cent in Q2 2026, compared with 4.23 per cent in the corresponding quarter of 2025.

Reacting to the report on Monday, Tinubu said his administration had spent the past three years implementing difficult reforms aimed at stabilising the economy and laying the foundation for stronger growth.

“The results of the efforts are becoming very clear to all: The Renewed Hope Agenda is working,” the President said.

He highlighted improvements in foreign reserves, credit ratings, oil and gas production, infrastructure development and investment as evidence of progress under his administration.

The President, however, said the government’s focus would now be on ensuring that economic growth translates into improved living conditions for Nigerians.

Tinubu said the government would continue to address challenges facing vulnerable Nigerians through measures targeting transportation costs, food production and grassroots relief programmes.

He said his administration remained committed to converting stronger macroeconomic performance into better outcomes for households.

The NBS report also showed that nominal GDP rose to N119.27tn in Q2 2026, representing an 18.43 per cent increase from N100.7tn recorded in Q2 2025.