Oil GDP Expands 5.84% as Nigeria Records Improved Production Levels
Nigeria’s oil sector recorded a year-on-year growth of 5.84% in the third quarter of 2025, reflecting a rebound in crude production after months of operational disruptions.
According to the National Bureau of Statistics (NBS), the improvement was driven by higher average daily crude output, which rose to about 1.64 million barrels per day, up from roughly 1.47 million barrels per day recorded in the same period of 2024.
That upswing helped the oil industry punch above its recent performance even as its share of aggregate output remained relatively small: oil accounted for roughly 3.44% of real GDP in Q3, underscoring how the wider economy is increasingly sustained by non-oil activity.
“The oil sector contributed 3.44% to the total real GDP in Q3 2025 … the non-oil sector grew by 3.91% in real terms.” – NBS
Analysts say the rebound reflects both operational improvements and a quieter security environment in some producing areas, but they warn that the gains are fragile until fresh investment and repairs modernize ageing infrastructure.
While the oil sector posted gains, the broader economy grew at 3.98% in Q3 2025, powered mainly by agriculture, ICT, trade, and financial services. The oil GDP uptick therefore provides some momentum, but its long-term impact will depend on consistent production increases and structural reforms aimed at restoring confidence in Nigeria’s hydrocarbon industry.
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