Mining sector grew by 4.61% in Q2 2025, says NBS

The National Bureau of Statistics (NBS) has said the mining and quarrying sector grew by 4.61 per cent in the second quarter (Q2) of 2025.

The NBS disclosed the sector’s performance in its  latest‘Nigerian Gross Domestic Product Report Q2 2025’.

The mining sector covers crude petroleum, natural gas, coal mining, metal ores, quarrying, and other minerals.

“This sector grew nominally by 4.61 per cent (year-on-year) in Q2 2025. Quarrying and Other Minerals activity exhibited the highest growth rate of all the sub-activities at 50.41per cent, followed by Coal Mining activity at 32.59per cent,” the bureau said.

“Crude Petroleum and Natural Gas was the main contributor to the sector with a weight of 93.90 per cent in Q2 2025.

“Comparing Q2 2025’s rate of growth relative to Q2 2024 and Q1 2025 growth rates, there was an increase of 14.55percentage points and an increase of 9.94percentage points respectively.

“The Mining & Quarrying sector contributed 2.98 per cent to the overall GDP in the second quarter of 2025, lower than the contributions recorded in 2024 second quarter at 3.40 per cent and lower than the previous quarter at 4.38 per cent.

“In real terms, the Mining and Quarrying sector grew by 20.86 per cent (year-on-year) in the second quarter of 2025.

“Compared to the same quarter of 2024 and the first quarter of 2025, it was higher by 13.35percentage points and higher by 17.89percentage points respectively. Quarter-on-quarter, the growth rate recorded was 3.92 per cent during the quarter.

“The contribution of Mining and Quarrying to Real GDP in the quarter under review stood at 4.23 per cent, higher than the rate of 3.64 per cent recorded in the corresponding quarter of 2024 and higher than the 4.22 per cent recorded in the first quarter of 2025.”

Crop production, livestock, forestry, and fishing are the four subactivities that make up the agricultural sector, according to the NBS.

The bureau said the sector grew by 1.84 per cent (Y-o-Y) in nominal terms in Q2 2025, showing a decrease of 9.71 percentage points from the same quarter of 2024.

“Looking at the preceding quarter’s growth rate of 10.04 per cent, there was a decrease of 8.20percentage points,” the NBS said.

“Crop production remained the major driver of the sector. This is evident as it accounts for 57.06 per cent of the overall nominal value of the sector in the second quarter of 2025.

“Quarter-on-quarter growth stood at 16.13% in the second quarter of 2025. Agriculture contributed 21.04 per cent to nominal GDP in the second quarter of 2025.

“This figure was lower than the rate recorded in the second quarter of 2024 and higher than the first quarter of 2025, which recorded 24.63 per cent and 19.40 per cent respectively.

“The agricultural sector in the second quarter of 2025 grew by 2.82 per cent (year-on-year) in real terms, an increase of 0.22percentage points from the corresponding period of 2024, and an increase of 2.75percentage points from the preceding quarter which recorded a growth rate of 0.07 per cent. It grew on a quarter-on-quarter basis at 16.40per cent.

“However, the sector contributed 26.17 per cent to aggregate GDP in real terms in Q2 2025, lower than the contribution in the second quarter of 2024 and higher than the first quarter of 2025 which stood at 26.53 per cent and 23.33 per cent respectively.”