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Edun Hails Strong Nigeria GDP Growth of 4.07%

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Edun

Nigeria GDP Growth hits 4.07% in Q4 2025 as Finance Minister Wale Edun credits reforms, sector expansion and improved macroeconomic stability

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Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has welcomed new data showing improved Nigeria GDP Growth after the economy expanded by 4.07 per cent in the fourth quarter of 2025.

Also read: Nigeria’s Economy Expands 4.07% in Q4 2025, Services Lead Growth

The figures, released by the National Bureau of Statistics, indicate one of the country’s strongest quarterly performances in a decade outside the immediate post-pandemic recovery period.

In a statement signed by the Assistant Director of Information and Public Relations, Mrs Uloma Amadi, Wale Edun described the outcome as evidence of broad-based economic expansion and strengthening macroeconomic stability under the administration of President Bola Ahmed Tinubu.

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The minister noted that the latest performance followed the 4.23 per cent growth recorded in the second quarter of 2025 and marked an improvement from the 3.76 per cent achieved in the third quarter of 2024.

According to Wale Edun, expansion across agriculture, industry and services drove the strong momentum. Agriculture grew by 4.0 per cent, supported by improved security in food-producing regions and better access to farming inputs.

Industrial output rose by 3.88 per cent compared with 2.49 per cent recorded a year earlier, benefiting from improved foreign exchange liquidity, energy sector reforms and renewed investor confidence.

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The services sector, which remains the largest contributor to national output, recorded 4.15 per cent growth, powered by continued expansion in finance, telecommunications, trade and technology-driven activities.

The minister further disclosed that nearly 30 economic subsectors recorded growth above three per cent, highlighting increasing diversification within the economy.

For the full year, Nigeria GDP Growth stood at 3.87 per cent in 2025, up from 3.38 per cent in 2024, while the size of the economy expanded to ₦441.5 trillion from ₦372.8 trillion recorded the previous year.

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Wale Edun attributed the performance to improved fiscal coordination, disciplined public expenditure, stronger revenue mobilisation and ongoing structural reforms aimed at restoring economic credibility.

Also read: Africa Green Economy Summit 2026 Seeks $3.09bn Funding

He added that the data reinforces investor confidence and signals that Nigeria’s reform agenda is gaining powerful traction, with the Ministry of Finance committed to sustaining transparency and policy coordination.

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Adeboye Ordered Refund of Billions in Illicit Donations, EFCC Reveals

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The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, ordered the refund of billions of naira donated towards a church project after the funds were traced to proceeds of financial crime, the Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed.

Olukoyede said Adeboye directed the immediate return of the money within 24 hours after the church was informed of the findings of the commission’s investigation.

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The EFCC chairman made the disclosure while addressing RCCG workers in the early hours of Saturday, November 7, during a meeting organised ahead of the church’s annual Holy Ghost Congress.

According to Church Times Nigeria, which reported the development, Adeboye had invited Olukoyede to speak to the workers on financial propriety, accountability and the importance of maintaining transparent financial records.

Recounting the incident, Olukoyede said a church member had donated billions of naira towards an RCCG project, but investigations by the commission later established that the money originated from financial crime.

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He said the church was alerted to the findings, following which Adeboye ordered that the donation be returned.

Olukoyede commended the cleric for responding promptly and directing the refund within 24 hours of receiving the information.

However, the EFCC chairman did not disclose the identity of the donor, the exact amount involved or the particular church project for which the donation was made.

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The anti-graft agency chief expressed concern over cases involving religious leaders and financial misconduct, including questionable transactions and allegations relating to contracts for church projects.

He warned church workers and religious leaders against accepting donations from individuals whose sources of wealth had not been properly established.

Olukoyede, who is also an ordained pastor, stressed that religious institutions must not become channels through which proceeds of crime are concealed or given legitimacy.

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He also recounted a separate case involving another church allegedly connected to a Ponzi scheme.

According to him, the church leader initially resisted the EFCC’s intervention but later refunded a substantial amount after the commission threatened to institute legal proceedings.

The EFCC chairman said the commission would not spare individuals involved in financial crimes because of their religious positions or affiliations.

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He further cautioned RCCG workers against excessive materialism, unhealthy competition and struggles for leadership positions, warning that such tendencies could encourage financial misconduct.

Olukoyede also raised concerns about reports of individuals allegedly offering bribes to secure leadership positions within the church.

He urged pastors to exercise due diligence before accepting donations, insisting that they should establish how contributors made their money rather than focus solely on the size of their financial commitments.

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In his response, Adeboye reportedly assured the EFCC chairman that the church would not protect anyone found involved in financial wrongdoing.

The cleric also urged RCCG pastors to maintain accurate financial records and ensure that their activities were free from corruption.

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