After many years wey economy no dey move well, Nigeria don see better growth for wetin dem produce and wetin each person dey earn for di past two years, na so Quartus Economics tok for dia new report.

Di report con conclude say “Nigeria dey rise again,” as dem see plenty improvement for di main economic matters and how Nigeria take dey do well compare to oda kontris for Africa and di world.

According to di study, Nigeria total GDP grow by 8.34 percent between 2024 and 2025, wey be di highest two-year increase for more dan ten years, and e pass di rate of population growth wey dem estimate to be less dan 4.4 percent.

Dis one be big change from 2020–2023 period, when GDP grow small by 0.97 percent while population increase by 8.78 percent, wey cause living standard to drop well well.

Di report tok say: “Even if many people no don see am yet, wetin dis mean deep: GDP per person shrink by 21 percent for 2020–23, but e rise by 19.5 percent for 2025.”

For dollar value, Nigeria GDP go up from $252 billion for 2024 (after rebasing) to $307.5 billion for 2025, wey be 22 percent increase.

GDP per person also rise by 19.5 percent to $1,295 for di same period.

Di report still show say Nigeria dey do better for important comparisons, as di kontri account for 14.4 percent of Sub-Saharan Africa GDP for 2025, up from about 13 percent for 2024.

E add say Nigeria GDP per person rise to 72 percent of di regional average for 2025, compared to 67 percent for di year before, and Nigeria position among some emerging markets and major Africa economies also don improve well well.

“We fit confirm say di economy don dey move well again. But still, di growth need to speed up more and cover more areas,” di report tok.