₦airaland Forum

The Green Shoots Are Here
For the first quarter of 2025, Nigeria recorded a staggering ₦5.17 trillion trade surplus — a 51% leap from the previous quarter’s ₦3.42 trillion. This isn’t just a statistic. It’s a watershed moment that signals real economic healing.
What’s driving it?

Nigeria exported ₦20.6 trillion in goods—led by ₦12.95 trillion in crude oil and ₦7.64 trillion in non-oil exports like cocoa and sesame seeds. Meanwhile, imports dropped by 7% to ₦15.42 trillion, easing pressure on foreign reserves.

Investor confidence is back.
The naira gained 7%. Foreign investments are flowing again. Like a tree that finally bears fruit after years in the sun, Nigeria is drawing global attention once more.

What it means:

Strengthened foreign reserves.

A diversified economy finally taking root.

New opportunities in infrastructure, agriculture, and energy.

This is not a fluke — it’s the result of bold reforms, steady hands, and a clear economic direction.

The days of scraping by are fading. Nigeria is rising — and the world is watching.

So after all the noise, the numbers have started talking—and they’re speaking fluent progress. ₦5.17 trillion surplus?

Not bad for a country critics said was collapsing. Seems the bitter pill is finally curing the patient.

Keep crying “hardship” while others are quietly planting industries.

atsuavictor70:
So after all the noise, the numbers have started talking—and they’re speaking fluent progress. ₦5.17 trillion surplus?

Not bad for a country critics said was collapsing. Seems the bitter pill is finally curing the patient.

Keep crying “hardship” while others are quietly planting industries.

how many industries have you quietly planted?

Any Tinubu Abrakadabra Economic Reform that doesn't benefit Nigerians is a Fraud

This is not just another number; it’s Nigeria finally breathing with its own lungs.

₦5.17 trillion surplus shows we can export more than we import. If we build on this, we can stabilize the naira, expand reserves, and fund infrastructure without borrowing.

Question: How much of this surplus is non-oil?

Too much of good news no dey purge

kissingerliond:
This is not just another number; it’s Nigeria finally breathing with its own lungs.

₦5.17 trillion surplus shows we can export more than we import. If we build on this, we can stabilize the naira, expand reserves, and fund infrastructure without borrowing.

Question: How much of this surplus is non-oil?

The latest reports indicated that our export is more than import

This surplus must not end as headline history.

The government should now push aggressive export incentives, port reforms, and value-added manufacturing.

₦5.17 trillion is the seed — policy is the soil.

Water it with transparency, and harvest it with jobs.

The green shoots are here; let’s turn them into a forest of growth.

Other African economies should be taking notes. Nigeria’s Q1 surplus is higher than the combined trade balance of some regional peers.

This is what happens when reforms meet resilience.

If we can replicate this across manufacturing and services, Nigeria will not just be Africa’s giant in name—it’ll be by numbers.

Omo, this one sweet me.

₦5.17 trillion surplus? Na serious comeback be that.

People don dey shout “suffering,” but the economy don begin breathe again.

Dollar dey calm down, investors dey return.

Tinubu fit no be perfect, but man dey work, abeg.

Green shoots don show — make we water am.

From the dark days of deficits and import dependency to a ₦5 trillion surplus—what a remarkable turnaround. History will remember this as the quarter Nigeria began to rewrite its economic story and reverse decades of imbalance.

Like the Asian Tigers of the ’70s, our bold shift from consumption to production marks the dawn of a true industrial revival. The engine of progress is finally roaring, and this time, it’s powered from within.

kissingerliond:
This is not just another number; it’s Nigeria finally breathing with its own lungs.

₦5.17 trillion surplus shows we can export more than we import. If we build on this, we can stabilize the naira, expand reserves, and fund infrastructure without borrowing.

Question: How much of this surplus is non-oil?

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atsuavictor70:
So after all the noise, the numbers have started talking—and they’re speaking fluent progress. ₦5.17 trillion surplus?

Not bad for a country critics said was collapsing. Seems the bitter pill is finally curing the patient.

Keep crying “hardship” while others are quietly planting industries.

Any clue why Tinubu and APC are borrowing more than PDP did in their 16 years of deregulation and privatisation prosperity that gave us cheap petrol and food?

What is Tinubu doing with the $84 billion subsidy savings?

Why has he failed to crash the dollar rate as he promised, just as his expired predecessor also promised and failed to deliver

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
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Muhammadu Buhari, presidential candidate of the All Progressives Congress (APC), has promised to ensure that the naira would be equal to the dollar in value if voted into office.

NAN reports that Buhari said this on Monday during the south-east presidential rally of the party at Dan Anyiam Stadium, Owerri.

“It is sad that the value of the naira has dropped to more than N230 to one dollar. This does not speak well for the nation’s economy,” he said.

He urged the people to vote for APC, noting that he would ensure that corruption was tackled headlong if elected.

https://www.thecable.ng/ill-make-naira-equal-dollar-says-buhari/amp

While this is commendable, I’d like to see the report, especially in the area of non oil exports. Perhaps certain unreported commodities are now being documented, meaning that the cash flow will remain the same, we’re just now more aware of it. And it’s been streamlined to benefit a few private individuals.

How much did the Nigerian solid minerals industry generate?

As for reduced imports, it could be one of two things, local substitutes have replaced foreign goods, or people are just damn broke and can’t afford much.

My question is, through what avenue is the government using all these excess ‘funds’ to better the lives of the people. We’ve had social investment programs such as PTF, (SWF, ECA, SURE-P, YouWIN), what’s the name of this administration’s social investment program?

The astronomical rate of borrowing that has since surpassed that of all previous governments belies all these buguous statistics.