01
Growth
$1 Trillion Economy
The government’s stated ambition to expand the scale of the Nigerian economy through investment, productivity and sustained growth.
Public Briefing · Recording Available
Fuel Prices & The Subsidy Question.
Watch the Ministry’s briefing and access the presentation and speech.
Ministerial Press Briefing
The Ministry’s Fuel Subsidy Briefing.
The Ministry’s 8 October 2026 briefing sets out its position on fuel prices and the subsidy question. Watch the recording or consult the accompanying presentation and speech.
8 October 2026 · 3:00 PM
Federal Ministry of Finance, Abuja
Federal Ministry of Finance, Abuja
The Ministry’s Priority Agenda
Our Priorities. Nigeria’s Progress.
A focused agenda for economic growth, stronger institutions and shared prosperity.
02
Reform
Public Financial Management Reform
Modernising public-finance systems, processes, data and institutional coordination across government.
03
Access to finance
Credit Economy Framework
Expanding responsible access to consumer, SME and productive credit across the economy.
04
Investment
Cost of Capital Reduction
Measures aimed at improving financing conditions and reducing the cost of capital for productive investment.
05
Domestic value
Buy Nigeria
Strengthening domestic production, procurement and local value chains across priority sectors.
06
Sustainability
Fiscal Discipline
Strengthening revenue quality, spending efficiency, debt sustainability and accountability in public finance.
01 / 06
Nigeria Macro Dashboard
Nigeria At A Glance.
Growth, prices, public finances and external indicators. Reporting dates are shown for every measure.
Economic Indicator
Real GDP Growth
Q2 2026 · Year on year
Real GDP growth measures the change in economic output after adjusting for prices. This figure compares Q2 2026 with Q2 2025.
Hover over a chart or tap a value for its detailed explanation.
Q2 20264.43%
Real GDP Growth is reported at 4.43% for Q2 2026. Real GDP growth measures the change in economic output after adjusting for prices. This figure compares Q2 2026 with Q2 2025. 4.23% in Q2 2025
What The Figures Show
4.23% in Q2 2025
Economic Indicator
Headline Inflation
August 2026
Headline inflation measures the annual change in the overall consumer price index. Lower inflation means prices are increasing more slowly.
Hover over a chart or tap a value for its detailed explanation.
August 202615.39%
Headline Inflation is reported at 15.39% for August 2026. Headline inflation measures the annual change in the overall consumer price index. Lower inflation means prices are increasing more slowly. 23.14% a year earlier
What The Figures Show
23.14% a year earlier
Economic Indicator
Food Inflation
August 2026 · Year on year
Food inflation measures the annual change in food prices. The comparison shown is with August 2025.
Hover over a chart or tap a value for its detailed explanation.
August 202619.57%
Food Inflation is reported at 19.57% for August 2026. Food inflation measures the annual change in food prices. The comparison shown is with August 2025. 23.30% a year earlier
What The Figures Show
23.30% a year earlier
Economic Indicator
Net FAAC Revenue
2025
Net FAAC revenue tracks the amount available for distribution through the Federation Account. This comparison is between full calendar years.
Hover over a chart or tap a value for its detailed explanation.
2025₦21.9trn
Net FAAC Revenue is reported at ₦21.9trn for 2025. Net FAAC revenue tracks the amount available for distribution through the Federation Account. This comparison is between full calendar years. ₦15.2trn in 2024 · Approximately 44% increase
What The Figures Show
₦15.2trn in 2024 · Approximately 44% increase
Economic Indicator
External Reserves
18 September 2026
External reserves are foreign currency assets held by the monetary authority. This figure is a dated observation, rather than an annual total.
Hover over a chart or tap a value for its detailed explanation.
18 September 2026US$54.7bn
External reserves are foreign currency assets held by the monetary authority. This figure is a dated observation, rather than an annual total.
What The Figures Show
Ministerial macro dashboard · Dated observation
Economic Indicator
FX Rate · NFEM
H1 2026
The Nigerian Foreign Exchange Market rate is expressed in naira per US dollar. The ministerial dashboard reports appreciation and a lower exchange-rate premium.
Hover over a chart or tap a value for its detailed explanation.
H1 2026₦1,337/$
The Nigerian Foreign Exchange Market rate is expressed in naira per US dollar. The ministerial dashboard reports appreciation and a lower exchange-rate premium.
What The Figures Show
More than 12% appreciation · Premium below 5%
Economic Indicator
Trade Surplus
H1 2026
The trade surplus is the difference between the value of exports and imports. The comparison shown covers the first half of each year.
Hover over a chart or tap a value for its detailed explanation.
H1 2026₦20.1trn
Trade Surplus is reported at ₦20.1trn for H1 2026. The trade surplus is the difference between the value of exports and imports. The comparison shown covers the first half of each year. ₦10.2trn in H1 2025 · Approximately 97% increase
What The Figures Show
₦10.2trn in H1 2025 · Approximately 97% increase
Economic Indicator
Total Public Debt
Q2 2026
Total public debt is a stock measured at Q2 2026. Debt-to-GDP and debt-to-revenue ratios provide different perspectives on the debt position.
Hover over a chart or tap a value for its detailed explanation.
Q2 2026₦166.7trn
Total public debt is a stock measured at Q2 2026. Debt-to-GDP and debt-to-revenue ratios provide different perspectives on the debt position.
What The Figures Show
Debt / GDP: 35.5% · Debt / revenue: approximately 65% in H1 2026
Projects Nigeria
Explore Nigeria’s Project Pipeline.
Discover 65 investment projects across energy, transport, manufacturing, agriculture and technology, with project sponsors, financing requirements and investment profiles.
Lagos rail infrastructure ↗65Projects
US$78.5bnCapital requirement
366,763Estimated jobs
5Investment sectors
Project Profiles And Investor Briefing.
Browse by sector, review project profiles and access the investor briefing to understand the pipeline and the organisations behind it.
Economic Reform Scorecard
Where The Money Came From. How It Was Used.
Explore the funding, distribution and expenditure figures in the Ministry’s August 2026 reform briefing.
₦15.8tn
How were the estimated subsidy savings shared?
Estimated subsidy savings were distributed across the federation. The Federal Government’s share was about ₦5.43tn; states and local governments received their own shares.
Hover over a chart or tap a value for its detailed explanation.
States₦6.52tn
States received an estimated ₦6.52tn share of subsidy savings, accounting for about 41% of the total.
₦30.64tn
How was the money spent?
Additional expenditure pressures exceeded incremental resources. The briefing identifies wage adjustments, debt-service effects, infrastructure, electricity support and other public obligations.
Hover over a chart or tap a value for its detailed explanation.
Wage adjustments₦9.39tn
Wage adjustments accounted for approximately ₦9.39tn of the additional expenditure pressures.
₦20.4tn
If revenue improved, why did government still borrow?
Non-borrowed incremental resources of ₦8.55tn were below the additional expenditure pressures. Borrowing contributed ₦11.85tn, bringing incremental resources to ₦20.40tn. The remaining ₦10.24tn of pressures was met from the existing revenue base.
Hover over a chart or tap a value for its detailed explanation.
Non-borrowed resources₦8.55tn
₦5.43tn in FG subsidy savings plus ₦3.12tn in other incremental revenue.
₦26.65tn
What happened to the resources shared across government?
Additional FAAC allocations reached all tiers of government between June 2023 and December 2025, measured against the pre-removal monthly run-rate. These wider revenue gains are distinct from estimated subsidy savings.
Hover over a chart or tap a value for its detailed explanation.
Federal Government₦7.85tn
Federal Government received ₦7.85tn in additional FAAC allocations above the pre-removal monthly run-rate, June 2023–December 2025.
₦423.8bn
What social programmes were funded?
Incremental social-welfare initiatives funded student finance, mortgage support and consumer credit. Select a programme to explore its allocation.
Hover over a chart or tap a value for its detailed explanation.
NELFUND · Student finance₦223.8bn
₦223.8bn was allocated to student finance through NELFUND.
₦6.47tn
Where did strategic infrastructure spending go?
The strategic infrastructure schedule totals about ₦6.47tn. The five largest named entries are shown separately; the remainder combines all other infrastructure payments.
Hover over a chart or tap a value for its detailed explanation.
Lagos–Calabar Coastal Highway₦2.23tn
₦2.23tn recorded for Lagos–Calabar Coastal Highway.
News & Events
Latest From The Ministry.
Read Ministry announcements, policy updates, public briefings and economic explainers.
Ministerial Engagements · 14 October 2026
Minister Presents Nigeria Rising Investor Briefing at IMF–World Bank Annual Meetings
The Minister presented “Nigeria Rising: Reformed, Resilient, Ready to Scale” to investors on the sidelines of the IMF–World Bank Group Annual Meetings in Bangkok, Thailand, on 14 October 2026.
Read News Story ↗
Public Service · 5 August 2026
Federal Government Provides Wage Award and Promotion Arrears Update
The Ministry set out the payment timetable and processing position for outstanding public-service entitlements.
Read News Story ↗
Public Notice · 29 July 2026
Finance Ministry Warns Against Recruitment Scam
A purported ₦50,000 resumption fee was disowned. Applicants were urged to verify recruitment information through official channels.
Read News Story ↗Public finance & resources
Public Finance. Open Access.
Direct access to the Ministry’s most important public information and fiscal resources.
Budget & Expenditure
Budget information, implementation updates and government expenditure resources.
Explore →FAAC & Federation Revenue
Federation Account allocations, revenue distributions and official communiqués.
Explore →Debt & Fiscal Policy
Resources on borrowing, fiscal sustainability and public-finance policy.
Explore →Reports & Publications
Official reports, policy documents, briefings and downloadable resources.
Explore →Citizen feedback
Your Questions. Our Responsibility.
Ask about budget, revenue, expenditure, debt, fiscal policy, FAAC, infrastructure, social programmes or any other area within the Ministry’s mandate.
Send your enquiry by email to info@finance.gov.ng for the appropriate response team.
Visit The Ministry
Federal Ministry of Finance, Abuja.
816 Ahmadu Bello Way
Central Business District 900103
Abuja, FCT, Nigeriainfo@finance.gov.ngGet Directions ↗
Central Business District 900103
Abuja, FCT, Nigeriainfo@finance.gov.ngGet Directions ↗