₦airaland Forum

Nigeria’s External Reserves Reach $41 Billion Milestone

Nigeria recorded an external reserve of $41,001,830,139.96 (forty-one billion dollars) on 19 August, according to data published today by the Central Bank. Net foreign reserve was $40.3 billion. Nairametrics reported that the last time our country recorded such a level of foreign liquidity was in 2021, 44 months ago.

The latest milestone was reached without our country having a massive inflow from oil sales. Indeed, oil prices are sliding southwards. It's all about the prudent management of the economy by President Bola Tinubu. I can bet that Atiku Abubakar, Peter Obi, Nasir El-Rufai and Babachir Lawal would never acknowledge this remarkable success. They are more interested in their doomed campaign to overthrow Bola Tinubu. This obsession has blinded them from recognising the progress being delivered by President Bola Tinubu's government on multiple fronts.

nairalandkachy1:
https://x.com/aonanuga1956/status/1958532870105915757?t=Jss_O0f8_PMFFa-Fr7s3rg&s=19[/quote]Don't mind them
Evil news hunters
Day and night evil news mongers

jmoore:
Our foreign reserve reached 47 billion dollars in 2018 under Buhari.

Buhari was paying subsidy and was defending naira.

Tinubu is not paying subsidy and has devalued naira.

Our foreign reserve should be hitting above 100 billion dollars currently.

israelmao:
External reserve is shoring up in the face of intense hunger, unemployment and poverty.

jmoore:
Our foreign reserve reached 47 billion dollars in 2018 under Buhari.

Buhari was paying subsidy and was defending naira.

Tinubu is not paying subsidy and has devalued naira.

Our foreign reserve should be hitting above 100 billion dollars currently.

jmoore:
Our foreign reserve reached 47 billion dollars in 2018 under Buhari.

Buhari was paying subsidy and was defending naira.

Tinubu is not paying subsidy and has devalued naira.

Our foreign reserve should be hitting above 100 billion dollars currently.

Lithiumite:
So they should share the foreign reserve so you can eat dinner today? Do you even know the purpose of the reserve ......get a job or add value to yourself so you can stop complaining about hunger.....there are loads of people making it in this country while you are here wailing.

jogojogo:
Don't mind them
Evil news hunters
Day and night evil news mongers

Risingblue008:
Story for the gods
U can defend a proper failure,
Even majic no fit run am
Apc us a failure and their failure na proper one

Risingblue008:
Story for the gods
U can defend a proper failure,
Even majic no fit run am
Apc us a failure and their failure na proper one

israelmao:
Go to the streets and sample the opinions of real people who voted for Emilokan and stop this deceit.

jmoore:
Our foreign reserve reached 47 billion dollars in 2018 under Buhari.

Buhari was paying subsidy and was defending naira.

Tinubu is not paying subsidy and has devalued naira.

Our foreign reserve should be hitting above 100 billion dollars currently.

givedemwotowoto:
In 2023, most people in Lagos voted against Tinubu. The same people voted for Sanwo Olu and other APC members at the state and local level. Now Nigerians are experiencing the most extreme hardship and insecurity from day 1 of his government.

2027 is going to be a massive vote against Tinubu regardless of party affiliation.

Lithiumite:
Tell me anytime people on the streets have never complained of hunger or inflation since independence.....rice and pms was more expensive under GEJ than it was under obj,you mean to tell me there was no hunger then.

israelmao:
Go to the streets and sample the opinions of real people who voted for Emilokan and stop this deceit.