Nigeria’s Economy Grows by 3.9% in 2025, But Soaring Food Prices Still Hurt Families
Article:
Nigeria’s economy is showing signs of recovery, with the latest World Bank report revealing a 3.9% GDP growth in the first half of 2025. The report points to stronger foreign reserves and a current account surplus, reflecting improved export earnings and more stable market conditions.
While this is good news for the nation’s economic outlook, many Nigerians are yet to feel the impact in their daily lives. The report highlights that high food prices remain a serious challenge, making it difficult for households to afford basic necessities.
From rice and maize to bread and vegetables, the prices of essential food items have continued to rise sharply. Experts say the main causes include high transportation costs, disruptions in the agricultural supply chain, and limited access to affordable farming inputs.
Although the government’s economic reforms are beginning to pay off, food inflation continues to bite harder, especially among low- and middle-income families. Economists stress that for growth to be meaningful, it must translate into better living conditions and affordable food for citizens.
The World Bank recommends more investment in local food production, agricultural support programs, and inflation control policies to make economic progress more inclusive.
Nigeria’s economy may be growing, but until food becomes affordable, many families will continue to struggle. The path forward lies in balancing growth with real-life impact—ensuring that economic progress reflects on the plates of everyday Nigerians.
