Create Post
 
Home
Topics
 
 
 
 
 
 
 

 
 
 
 
 
   
   
  Post
 


What the ADC Doesn’t Want You to Know About Nigeria's Economic Growth Under Tinubu In 2020, Nigeria had a trade DEFICIT of ₦7.375 trillion, or $18.9 billion. In 2021, Nigeria had a trade DEFICIT of N1.94 trillion, or $6.49 billion. But since President Bola Tinubu assumed office on May 29, 2023, Nigeria has not experienced even one quarter of a trade deficit. Instead, under Tinubu, Nigeria has experienced ten consecutive quarters of trade SURPLUSES, including: N1.3 trillion in Q3 2023 N3.6 trillion in Q4 2023 N4.4 trillion in Q1 2024 N3.7 trillion in Q2 2024 N5.3 trillion in Q3 2024 N3.4 trillion in Q4 2024 N5.2 trillion in Q1 2025 N7.5 trillion in Q2 2025 N6.7 trillion in Q3 2025 Without counting the last quarter of 2025, for which records are not yet tabulated, Nigeria had a trade surplus of N19.34 trillion for the first nine months of 2025. In the history of this country, from October 1, 1960, to today, January 23, 2026, no administration has been able to deliver such consistently high trade surpluses for ten consecutive quarters. And despite this, Bolaji Abdullahi, the spokesman of the already defeated, busted, and disgusted African Democratic Congress, had the guts to go on Channels TV's Politics Today to allege that President Bola Tinubu has destroyed the economy? President Tinubu met an inflation rate of 22.41% when he assumed office on May 29, 2023, and has reduced it to 15.15%. He met a foreign reserve of $35 billion and has increased it to $46.7 billion as of January 2026. He met a total debt of $113.42 billion; today it has reduced to $97 billion. But even more importantly, in less than two years, President Tinubu added $67 billion to Nigeria's GDP, moving us from a ₦269.29 trillion economy on May 29, 2023, when he became President, to ₦372.8 trillion today. This type of macroeconomic progress does not come accidentally. It comes strategically. It is the result of good leadership. And that is why on Tuesday, January 20, 2026, the International Monetary Fund said, and I quote, 'Nigeria's macroeconomic reforms are beginning to yield results'. Bolaji Abdullahi has a degree in Mass Communication. With all due respect, it will amount to mass deception if he attempts to sermonise on the economy. He should leave that for the likes of Dr Mrs Ngozi Okonjo-Iweala, who has a PhD in Economics from the Massachusetts Institute of Technology, to assess. And of course, Mrs Okonjo-Iweala praised President Tinubu's handling of the economy. Abdullahi is from Kwara State. Even his state's Governor has admitted that under Tinubu, their Federal Allocation has more than tripled. Under General Buhari, Kwara got between ₦2.5 billion and ₦3.9 billion monthly. Under Tinubu, Kwara gets approximately ₦15.78 billion. Please fact-check me: In 2022, Kwara received a total of ₦44.32 billion from the Federation Account Allocation Committee. In the first eight months of 2025 alone, Kwara has gotten ₦126.27 billion. This is not counting allocations for September to December. Even in Kwara State, even in Mr Abdullahi's polling unit, nobody in their right mind would want to return to a time when the monthly allocation was ₦2.5 billion, before Tinubu and the state government's inability to pay salaries. If the ADC is forced to lie against the President and his government, is that not a signal that they cannot be relied on? Reno Omokri Gospeller. Deep Thinker. #TableShaker . #1 Bestselling author of Facts Versus Fiction: The True Story of the Jonathan Years. Hodophile. Hollywood Magazine Humanitarian of the Year, 2019. Business Insider Influencer of the Year 2022. 21st Most Talked About Person in Africa, 2024.
773
Yesterday at 12:42:36 PM
 
 
 
 
 
 
 


 
 
 
   
 People

   
 
Tags
#US
#1

   
 
 
About   Privacy   Terms

© 2025 Convas8 Media Enterprise