***Services dominate at 56.62% as industry plunges to 3.96%
***Nigerians’ well-being, measures economy, not GDP—Daniel
By Yinka Kolawole
Nigeria’s 4.43 percent economic growth in the second quarter of 2026 (Q2’26) is masking a deepening industrial crisis, with manufacturing and the broader industrial sector losing ground as services increasingly dominate economic activity, the Manufacturers Association of Nigeria, MAN, has warned.
This came as the senator representing Ogun East, Otunba Gbenga Daniel, said the true measure of Nigeria’s economic progress should be the lived experiences of citizens rather than growth in Gross Domestic Product, GDP, alone, saying that Nigeria cannot have a strong economy without security.
