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In the third quarter of 2025, the country recorded a 3.98% rise in GDP, and more than 96% of this came from activities outside the oil industry. This confirms a clear shift: Nigeria is depending less on crude oil and more on agriculture, services, and other productive areas.
Agriculture leads the way
Agriculture remains one of the biggest forces behind Nigeria’s economic progress. It contributed a little over 31% to the entire economy.
Crop production alone made up more than 23%, showing how important farming is for both food supply and income. Livestock also played its part with over 6% contribution.
The sector is not only supporting households but also helping stabilise food security.
Services Sector Dominates
Services continue to be the backbone of economic activity, accounting for more than half of Nigeria’s GDP. Trade made a strong showing with 16.42%, driven mostly by everyday consumer spending.
Real estate also remained strong at 13.36%, reflecting consistent demand for housing and property.
Telecommunications and information services contributed 7.67% and recorded solid growth. As more Nigerians rely on digital services for communication, business, and entertainment, the telecom sector is becoming even more essential.
Other service areas such as public administration and professional or technical services also added small but steady contributions, helping to broaden the economy.
Oil Sector Slows Down
Even though crude oil production increased to about 1.64 million barrels per day, the oil sector still accounted for only 3.80% of GDP. This shows how much smaller its influence has become, despite being important for government revenue.
Growth in the oil sector also slowed, which reinforces the need for Nigeria to keep pushing its diversification plans.
Manufacturing and construction add support
Some industrial activities also boosted growth. Food, beverage, and tobacco manufacturing contributed 3.44%, reflecting strong demand for packaged goods and processed foods.
Construction added 3.03%, thanks to ongoing infrastructure projects and private building developments across different states.
From farming to telecoms, trade to construction, Nigeria’s economy is being powered by sectors that touch people’s daily lives. The steady shift away from oil shows progress, and the strong performance of non-oil sectors is helping stabilize the economy.
