BREAKING: Nigeria’s Economy Poised for Fragile Rebound in H2 2025 Amid Reforms and Challenges!

BREAKING: Nigeria’s Economy Poised for Fragile Rebound in H2 2025 Amid Reforms and Challenges

The Nigerian Economic Summit Group (NESG) projects a 4.0% GDP growth in the second half of 2025, bringing the full-year expansion to approximately 3.8%. This forecast is underpinned by ongoing fiscal and monetary reforms aimed at enhancing public revenues and investment capacity. However, the economy remains vulnerable to risks such as inflation, insecurity, and global volatility. [1]

In parallel, the Nigerian National Petroleum Company (NNPC) reports a significant reduction in pipeline theft, with nearly 100% of oil now reaching export terminals. This improvement is attributed to enhanced security measures and collaboration with private security firms. The NNPC anticipates that oil production could exceed 2.5 million barrels per day in 2026, a level not seen since 2005. [2]Additionally, President Bola Tinubu has approved a plan to refinance ₦4 trillion ($2.6 billion) in electricity sector debt. This initiative aims to stabilize the power industry by addressing unpaid invoices to power generation companies from 2015 to 2023. The refinancing is expected to be completed within three to four weeks and is part of broader reforms to improve energy supply and reduce government subsidies. [3]

These developments indicate a cautious optimism for Nigeria’s economic trajectory in the latter half of 2025, contingent upon the successful implementation of reforms and mitigation of prevailing risks.

For more updates on this and other national news, visit www.selemedia.org.Citations:

1. Business A.M: businessamlive.com/nesg-sees-fragile-rebound-for-nigerias-economy-in-h2-2025/?utm_source=chatgpt.com
2. Reuters: www.reuters.com/business/energy/nigerias-nnpc-says-pipeline-theft-has-been-nearly-eliminated-2025-08-25/?utm_source=chatgpt.com
3. Reuters: www.reuters.com/sustainability/boards-policy-regulation/nigeria-approves-26-billion-electricity-sector-debt-refinancing-plan-2025-08-14/?utm_source=chatgpt.com