Group Hails Nigeria’s Top 10 GDP Ranking, Credits Tinubu’s Reforms
By Alabidun Shuaib AbdulRahman
The Democratic Front (TDF) has welcomed Nigeria’s emergence among the top 10 contributors to global Gross Domestic Product (GDP) growth in 2026, as projected by the International Monetary Fund (IMF), describing the development as a strong endorsement of the economic reforms of President Bola Tinubu’s administration.
The group, in a statement jointly signed by its Chairman, Mallam Danjuma Muhammad, and Secretary, Chief Wale Adedayo, said Nigeria’s ranking was a clear affirmation of what it described as the “great work” being carried out by the current administration to reposition the economy.
According to TDF, Nigeria’s placement as the sixth-largest contributor to global GDP growth in 2026 reflects both the country’s ongoing economic rebound and the impact of policy measures introduced by President Tinubu since assuming office.
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“The ranking of Nigeria as the 6th contributor to world GDP in 2026 does not only reflect the nation’s current reality of economic rebound, but also underscores the tireless efforts of President Bola Ahmed Tinubu to make Nigeria the first $1 trillion economy in Africa,” the statement said.
The group further outlined the IMF’s projection that Nigeria would contribute 1.5 per cent to global economic growth, noting that the figure reportedly exceeds Europe’s contribution within the same period.
It said this development pointed to a renewed wave of productivity, driven largely by the non-oil sector, which has gained momentum under the ongoing reforms.
“Similarly, the IMF projection of Nigeria contributing 1.5 per cent to the global economy, which exceeds Europe’s contribution, highlights the new dawn of productivity and momentum in the non-oil sector,” TDF stated.
The organisation expressed delight that Nigeria’s improving economic outlook had placed the country in what it described as the global spotlight, adding that the Tinubu administration’s reform agenda was increasingly being seen as a reference point for economic management and leadership.
“TDF is thrilled to note that the success of Tinubu’s reforms and the emergence of his new economic model have put Nigeria in the global spotlight and benchmark for the management of economic reforms and leadership,” the statement read.
It attributed the positive outlook largely to what it described as a resurgence of activities in the non-oil sector, saying the sector was now strategically positioned to compete with the traditionally dominant oil industry.
“We believe that this new ranking of Nigeria’s economy by the IMF is in appreciation of President Tinubu’s magic wand in the resurgence of activities in the non-oil sector, which is now ambitiously poised to compete with the age-long domineering oil sector of the economy,” the group added.
TDF also noted that Nigeria’s sixth position among the IMF’s top 10 contributors to global GDP growth underscored the country’s leadership status among Africa’s fastest-growing economies.
According to the group, the development was both a morale booster for the President and a challenge to his economic team to intensify efforts toward achieving a sustainable $1 trillion economy.
While commending the administration, TDF urged Nigerians to remain steadfast in their support for the ongoing reforms, stressing that sustained public backing was crucial to consolidating the gains and ensuring long-term economic growth.
