₦airaland Forum

Recently the FG said they generated ₦20.59 Trillion From Non Oil Revenue In 8 Months for the year 2025. On paper, they call it a record.

But when you consider that Naira has been devalued, you will see that Tinubu's government has not done anything special.

Let's analyze 2014 and 2022 under Jonathan and Buhari respectively.

In 2022, non oil revenue was 7.145 trillion naira. The exchange rate was 1 dollar to 447 naira. 7.145 trillion naira was worth 15 billion dollars in 2022..

In 2014, non oil revenue was 3.861 trillion naira. The exchange rate was 1 dollar to 184 naira. 3.861 trillion naira was worth 20.9 billion dollars in 2014.

This year 2025 has not ended, Jan- August non oil revenue is 20.59 trillion naira which is 13 billion dollars.


Real dollar value

2014 under Jonathan: 20.9 billion dollars

2022 under Buhari: 15 billion dollars

2025(8 months) under Tinubu: 13 billion dollars

13billion dollars for 8 months means an average of 1.62 billion dollars per month. With 4 months left, An estimate of 6.5 billion dollars is expected to be generated. Which will give a total of 19.5 billion dollars.


From the above explanation, Tinubu's government hasn't done above Jonathan.

Naira devaluation is giving Tinubu false achievements.

https://www.facebook.com/share/p/175Xrcq48b/

Make I book space as I never get 40 characters to comply

https://www.nairaland.com/8464890/dollar-never-around-n150-2010

Subsidized dollar is different from free for all dollar

saying a liar lied is what I want you to explain

helinues:
https://www.nairaland.com/8464890/dollar-never-around-n150-2010

Subsidized dollar is different from free for all dollar

Can you differentiate between them?

helinues:
https://www.nairaland.com/8464890/dollar-never-around-n150-2010

Subsidized dollar is different from free for all dollar

Carry your fake propaganda comot here

If you don't know mathematics, stay away from this discussion.

helinues:
https://www.nairaland.com/8464890/dollar-never-around-n150-2010

Subsidized dollar [/b]is different from [b]afree for all dollar

gbero union have invented different kinds of English to defend agbero chairman the builder of Lagos State from the sea.

jmoore:
Carry your fake propaganda comot here

If you don't know mathematics, stay away from this discussion.

The N447 Naira to dollar rate was subsidized dollar. You have no idea how much naira was spent to source the dollar as GEJ and his cronies were just sharing dollars anyhow yet still maintain around N400.

Hope you still remember the Pdp primary then, naira wasn't shared. It was strictly dollar

ogolemati:
saying a liar lied is what I want you to explain

helinues, so your principal is a known liar and you left him, only to be attacking Obi who is innocent

helinues:
The N447 Naira to dollar rate was subsidized dollar. You have no idea how much naira was spent to source the dollar as GEJ and his cronies were just sharing dollars anyhow yet still maintain around N400.

Hope you still remember the Pdp primary then, naira wasn't shared. It was strictly dollar

Then, they were sharing dollars but now they are not sharing dollars, where are the dollars?

helinues:
The N447 Naira to dollar rate was subsidized dollar. You have no idea how much naira was spent to source the dollar as GEJ and his cronies were just sharing dollars anyhow yet still maintain around N400.

Hope you still remember the Pdp primary then, naira wasn't shared. It was strictly dollar

Between naira and dollar which is stronger?

mycar:
Then, they were sharing dollars but now they are not sharing dollars, where are the dollars?

Have there been dollar scarcity in Nigeria in the last 6 months to 1 year now?

Hahaha, 2024- 2025 Naira to dollar rate difference was below N30. A whole year. Can't you see the stability in Naira?

So even with all the taxes, tariff hikes, etc. Hmmmmm

Typical hoebident response to anything that sounds like progress.

Once there is any news that sounds positive in the country, they first try to call it a lie, if that fails, they call it propaganda, if that fails, they ask how it affects the price of garri, if that also fails, they do everything in their power to water it down the importance of the good news.

They conjure up fulish comparisons, analogies that do not make seense.

When they want to calculate national debt, they use naira because it sounds very big when it is displayed in naira even though they know that the foreign loans have been reducing.

Now that they can no longer deny that our revenue has indeed increased, they now want to convert to USD.

Very strange humans we have to live with in this country.

helinues:
Have there been dollar scarcity in Nigeria in the last 6 months to 1 year now?

Hahaha, 2024- 2025 Naira to dollar rate difference was below N30. A whole year. Can't you see the stability in Naira?

Bwala was truly correct as regards joining APC after all. 🙌🙌

Ewuoooo:
Between naira and dollar which is stronger?

You see one good thing about this government, they have been carrying Nigerians along with their policies and reforms.

When oil was still subsidized, we regularly have fuel scarcity. Yes or No?

Now that the subsidy was removed, when last have you experienced queuing at a fuel station?

When dollar was subsidized ( Even though reasonable number of Nigerians didn't know, not only we normally have dollar shortage, even Naira shortage as well

Now that the subsidy was also removed from dollar, 2024-2025 Naira to dollar rate difference is less than N30. Meaning for a whole Year, we are having the true rate of naira to dollar.

The reelection of president Tinubu would be so easy like pap as we have new additional stories, records , achievements to tell Nigerians.

helinues:
Have there been dollar scarcity in Nigeria in the last 6 months to 1 year now?

Hahaha, 2024- 2025 Naira to dollar rate difference was below N30. A whole year. Can't you see the stability in Naira?

Was there any day you have touched dollar?

9jatriot:
Typical hoebident response to anything that sounds like progress.

Once there is any news that sounds positive in the country, they first try to call it a lie, if that fails, they call it propaganda, if that fails, they ask how it affects the price of garri, if that also fails, they do everything in their power to water it down the importance of the good news.

They conjure up fulish comparisons, analogies that do not make seense.

When they want to calculate national debt, they use naira because it sounds very big when it is displayed in naira even though they know that the foreign loans have been reducing.

Now that they can no longer deny that our revenue has indeed increased, they now want to convert to USD.

Very strange humans we have to live with in this country.

Bro , na to dey enlighten not just only them, but Nigerians on their deliberately mischievousness about the progress been made by this government.

Every well discerning person in Nigeria knows that Nigeria is in a deep mess with the persons administering it today because of the insincerity of its present crop of lying people in government.

But don't you think their case is entering the realm of madness? Is it a normal behaviour?

helinues:
Bro , na to dey enlighten not just only them, but Nigerians on their deliberately mischievousness about the progress been made by this government.

helinues:
Bro , na to dey enlighten not just only them, but Nigerians on their deliberately mischievousness about the progress been made by this government.

How do you intend to enlighten them and Nigerians, and what's the duration of the enlightenment?

9jatriot:
But don't you think their case is entering the realm of madness? Is it a normal behaviour?

Bro, it's all about fixated mindset. They are the ones who are fixated, Nigerians are not, whenever they come with their mischievousness, na to dey dispute them with facts like I just did above.

Let's see whose methods would work in 2027. May be people would listen to those who always come with negative energy, fabricating stories or those who are disputing them with facts and also be progressive about Nigeria.

It worked in 2023, it will work again in 2027

You see one of them trying to derail this thread above, trolling, bullying, shutting others down are the only methods they know which can never win them ordinary spoon not to talk of Trophy

helinues:
Bro, it's all about fixated mindset. They are the ones who are fixated, Nigerians are not, whenever they come with their mischievous, na to dispute them with facts like I just did above.

Let's see whose methods would work in 2027. May be people would listen to those who always come with negative energy, fabricating stories or those who are disputing them with facts and also be progressive about Nigeria.

It worked in 2023, it will work again in 2027

You see one of them trying to derail this thread above, trolling, bullying, shutting others down are the only methods they know which can never win them ordinary spoon not to talk of Trophy

No one can comprehend what you are saying but is this all you've got to say?

Racoon:
Every well discerning person in Nigeria knows that Nigeria is in a deep mess with the persons administering it today because of the insincerity of its present crop of lying people in government.

Nigeria is in deep mess and you never talked about how you and your family are involved. How?

helinues:
Nigeria is in deep mess and you never talked about how you and your family are involved. How?

Can you tell us how you and your family are involved?

jmoore:
Recently the FG said they generated ₦20.59 Trillion From Non Oil Revenue In 8 Months for the year 2025. On paper, they call it a record.

But when you consider that Naira has been devalued, you will see that Tinubu's government has not done anything special.

Let's analyze 2014 and 2022 under Jonathan and Buhari respectively.

In 2022, non oil revenue was 7.145 trillion naira. The exchange rate was 1 dollar to 447 naira. 7.145 trillion naira was worth 15 billion dollars in 2022..

In 2014, non oil revenue was 3.861 trillion naira. The exchange rate was 1 dollar to 184 naira. 3.861 trillion naira was worth 20.9 billion dollars in 2014.

This year 2025 has not ended, Jan- August non oil revenue is 20.59 trillion naira which is 13 billion dollars.


Real dollar value

2014 under Jonathan: 20.9 billion dollars

2022 under Buhari: 15 billion dollars

2025(8 months) under Tinubu: 13 billion dollars

13billion dollars for 8 months means an average of 1.62 billion dollars per month. With 4 months left, An estimate of 6.5 billion dollars is expected to be generated. Which will give a total of 19.5 billion dollars.


From the above explanation, Tinubu's government hasn't done above Jonathan.

Naira devaluation is giving Tinubu false achievements.

https://www.facebook.com/share/p/175Xrcq48b/

Even the dollars has lost 15 -20 % of its value since 2014.............so Tinubus 21 trillion naira is like 10 billion dollars in real terms.........half of jonathan's revenue! Ronu financial sophistication is a mirage!

helinues:
https://www.nairaland.com/8464890/dollar-never-around-n150-2010

Subsidized dollar is different from free for all dollar

Make God no allow make them kill you.

I hear say you from Ogun state, how true

If they have so much revenue as they claimed, how come they are borrowing like graves. Truth will always outlive lies.

jmoore:
Recently the FG said they generated ₦20.59 Trillion From Non Oil Revenue In 8 Months for the year 2025. On paper, they call it a record.

But when you consider that Naira has been devalued, you will see that Tinubu's government has not done anything special.

Let's analyze 2014 and 2022 under Jonathan and Buhari respectively.

In 2022, non oil revenue was 7.145 trillion naira. The exchange rate was 1 dollar to 447 naira. 7.145 trillion naira was worth 15 billion dollars in 2022..

In 2014, non oil revenue was 3.861 trillion naira. The exchange rate was 1 dollar to 184 naira. 3.861 trillion naira was worth 20.9 billion dollars in 2014.

This year 2025 has not ended, Jan- August non oil revenue is 20.59 trillion naira which is 13 billion dollars.


Real dollar value

2014 under Jonathan: 20.9 billion dollars

2022 under Buhari: 15 billion dollars

2025(8 months) under Tinubu: 13 billion dollars

13billion dollars for 8 months means an average of 1.62 billion dollars per month. With 4 months left, An estimate of 6.5 billion dollars is expected to be generated. Which will give a total of 19.5 billion dollars.


From the above explanation, Tinubu's government hasn't done above Jonathan.

Naira devaluation is giving Tinubu false achievements.

https://www.facebook.com/share/p/175Xrcq48b/

How much was oil price during Jonathan?

Don't delve into argument you know nothing about. Copying and posting random post will expose your ignorance if you can't defend it

Ttalk:
How much was oil price during Jonathan?

Don't delve into argument you know nothing about. Copying and posting random post will expose your ignorance if you can't defend it

I am the author of the post.

Can you read? No, you can't.

The post is about non-oil revenue. So it is obvious you don't understand simple English.

If not, why will you be mentioning oil price in a revenue that has nothing to do with oil.

nlfpmod

helinues:
The N447 Naira to dollar rate was subsidized dollar. You have no idea how much naira was spent to source the dollar as GEJ and his cronies were just sharing dollars anyhow yet still maintain around N400.

Hope you still remember the Pdp primary then, naira wasn't shared. It was strictly dollar

Those people are petty traders.They don't understand economics.
Their own Economy is anywhere belle face.