₦airaland Forum

In Q1 2025, Nigeria achieved ₦5.172 trillion trade surplus.

Imports — ₦15.426 trillion
Exports — ₦20.598 trillion

Total Trade — ₦36.024 trillion

Trade Surplus — ₦5.172 trillion

#Statisense
(Foreign Trade Statistics, NBS)

ryloy:
https://x.com/StatiSense/status/1932834277684625701?t=qLbMFRrCMtDrytZ5wORe1A&s=19[/quote]How is this possible when ebilokan has failed to achieve his short term goal for the Naira after two years of hitting the ground running aimlessly like the cluelessly incompetent administrator he has always been?

anonimi:
World Bank offers Nigeria forex rate advice, as Tinubu eyes N200/Dollar rate

April 23, 2023

The President-elect said he would work with the Central Bank of Nigeria (CBN) to *bring down the exchange rate to N200 in his first term.*

“My administration will collaborate with the Central Bank to harmonize the fiscal and monetary policy to achieve immediate stabilization of the value of the naira against the US dollars and other currencies and in the short term, strengthen the naira by boosting the supply of foreign currency and moderating demand.

“The short-term goal is to achieve a naira/dollar rate of 300 naira/US$ and gradually achieve a less than 200 naira rate over the next four years, Tinubu stated.

https://www.ripplesnigeria.com/world-bank-offers-nigeria-forex-rate-advice-as-tinubu-eyes-n200-dollar-rate/?amp

Chevrolet076:
Yet they're borrowing

updatechange:
Good, so naija my country can earn from export the point of having excess…
This is good, let’s keep the hope alive.

Sunisonflex39:
What did they export that is up to 20 trillion

1000angstroms:
What exactly was exported and what are their values, we can work it up empirically to know the real status of our economy.

helinues:
You could have also asked about what was imported?

Are you having issue with the excess?

anonimi:
How is this possible when ebilokan has failed to achieve his short term goal for the Naira after two years of hitting the ground running aimlessly like the cluelessly incompetent administrator he has always been?

Dennisochampa:
Haters of Nigeria will not believe this...
They will not like this news..
They will begin to ask useless questions like..
How much is bag of rice
How much is fuel
How much is Tom Tom...

They will even make stupid comments like
This stats is not reflecting in the life of the common man...
Una go dey alright..
All I know be say whether una like am or not.... Nigeria go better....
If una hate too much, una go die leave Nigeria for people wen believe say the country go work again and work towards achieving that goal