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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe manufacturing sector generated 9,160
billion naira in nominal terms in the third quarter of 2025 according to
GDP data for the third quarter of 2025 published by the National Office
statistics.
GDP data for the third quarter of 2025
show that the nominal contribution of the manufacturing sector increased by
3.45% compared to the 8,850 billion naira recorded in the third
quarter 2024. The 13 subsectors/activities of the manufacturing sector
include in particular food and drink, cement, metals of
base, plastics, textiles and oil refining. According to the director
General of the Nigeria Manufacturers Association, Segun
Ajayi-Kadir, GDP growth forecast for the third quarter of 2025 “does not
does not reflect a transformative expansion.” For him, that the sector
The manufacturer remained too weak to be a real driver of progress.
economical.
The latter indicates that “global growth
of 3.98% is not transformative. The manufacturing sector, supposed to be
the engine of mass employment and shared prosperity remains globally
sluggish. It grew by only 1.25% in the third quarter of 2025, compared to
0.76% in the third quarter of 2024. Growth without the capacity to
production is inadequate and lacks inclusiveness.”
The figures from the National Bureau of
Statistics (BNS) indicate that eight manufacturing activities have
increased over one year, while five recorded a drop in their rate of
real growth. Among the falling subsectors are wood and
derived products (-1.64%), chemical and pharmaceutical products (-3.75)
%), non-metallic products (-1.51%), electronics and
electrical engineering (-1.17%) and other manufacturing activities (-1.45%).
Among the eight subsectors that were improving,
the NBS reported that textiles, clothing and footwear, as well
that paper pulp, paper, and paper products were showing signs
of recovery, but remained in recession, contracting by 2.41 respectively
% and 1.07%.
The sector of food, drink and tobacco remained the main contributor, generating 3,080 billion naira, while oil refining has recorded the lowest nominal contribution at 2.69 billion naira, despite a real GDP growth rate of 19.42% in the third quarter.
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