₦airaland Forum

The NRS Chairman, Zacch Adedeji Rolls Out Economic Snapshot Comparing May 2023 Baseline to Mid-2026 Gains Across Key Indicators​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​:

Domestic refining capacity
May 2023: 30,000 bpd
Mid-2026: 700,000 bpd (Nigeria’s first net petrol export recorded in March 2026)

Tax revenue (FIRS/NRS)
May 2023: ₦12.3 trillion
Mid-2026: ₦28.3 trillion (2025) / ₦27.1 trillion (July 2026)

Trade balance
May 2023: Marginal surplus of ₦44.7 billion
Mid-2026: ₦7.55 trillion surplus in Q1 2026

Capital importation
May 2023: US$3.9 billion
Mid-2026: US$23.22 billion (2025)

Solid minerals revenue
May 2023: ₦16 billion
Mid-2026: ₦70 billion (2025)

NGX All-Share Index / market cap
May 2023: 55,738 points / ₦30.36 trillion
Mid-2026: 250,000 points / ₦161 trillion

Out-of-school children
May 2023: 20 million (UNICEF estimate)
Mid-2026: 18.3–18.5 million (UNICEF)

Minimum wage
May 2023: ₦30,000
Mid-2026: ₦70,000

The NRS Chairman, Zacch Adedeji Rolls Out Economic Snapshot Comparing May 2023 Baseline to Mid-2026 Gains Across Key Indicators​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​:

Domestic refining capacity
May 2023: 30,000 bpd
Mid-2026: 700,000 bpd (Nigeria’s first net petrol… pic.twitter.com/2o7uoI5tUk

— Imran Muhammad (@Imranmuhdz) August 9, 2026

God Bless President Bola Tinubu
The Best President in the history of Nigeria
God Bless Federal Republic of Nigeria

Meaning the rudderless govt ought not to be borrowing. Alas! The opposite is the case. The only transformation of the Tinubu govt is forex fluidity, multi-levels taxations, reduction in the purchasing power of the common man and exponential increment in abject poverty. A failed govt cant be bragging about phantom achievements.

This information is for those people who said they are too blind to see what PBAT has been doing since he got there.

I hope they will finally see these and acknowledge.

nothingspoil70:
This information is for those people who said they are too blind to see what PBAT has been doing since he got there.

I hope they will finally see these and acknowledge.

If you enter a house with AC,you don't need to be told that it has an AC,you will see it,you will feel it instantly

But when you are being told that there is an AC here,it's either the AC isn't working or its off. You don't have to be told

That is the same thing with this yeye administration. Nobody feels anything except govt itself.

The generality of Nigerians do not feel anything positive so no amount of window dressing or telling people this or that can whitewash their failures

QED

Good music is not by loudness aje.

In president Tinubu's leadership we trust and believe

abc115:
God Bless President Bola Tinubu
The Best President in the history of Nigeria
God Bless Federal Republic of Nigeria

Bro, if you see those bitter people on this thread, just be blocking them so that they won't be able to drop their bitterness on further development threads

OP, i will just take one of the indices you posted, "Mid-2026: 700,000 bpd (Nigeria’s first net petrol export recorded in March 2026"
If true, it means we are making $23 Trillions in one year. WHERE IS THE MONEY GOING INTO?
Why are we still borrowing and nit repaying our debts?
If you must lie, lie with sense.

Zero impact on the lives of everyday Nigerians.


Imagine Nigeria earned more money through selling crude oil and mining our natural mineral resources since Tinubu resumed as President yet poverty and hunger persist in Nigeria, Tinubu just have to go mhen

And what is the end result?

You are generating more revenue, but to what end?

Has the impact on the masses being positive or negative?

In a democracy, government actions and policies must have a direct and beneficial impact on the masses. There must be a verifiable and visible connection and not just rolling out figures.

Tinubu must go, 30+ APC bandits governors are still making him restless.

H

nothingspoil70:
This information is for those people who said they are too blind to see what PBAT has been doing since he got there.

I hope they will finally see these and acknowledge.

Agbadorians are now relying on statistic.

I didn’t see any information about inflation or poverty numbers in that document. These two issues are what matter to the average family or citizen.

Inflation is driven by government policies, and it represents a significant form of theft by the government from the people.

Our education needs a real revamp. It is unfortunate many of us go by theory without reasoning.

DIVIDE THE TAX BY EXCHANGE RATE OF NAIRA TO A DOLLAR.

It’s only the government appointees that are seeing these.

The people aren’t.

happney65:
If you enter a house with AC,you don't need to be told that it has an AC,you will see it,you will feel it instantly

But when you are being told that there is an AC here,it's either the AC isn't working or its off. You don't have to be told

That is the same thing with this yeye administration. Nobody feels anything except govt itself.

The generality of Nigerians do not feel anything positive so no amount of window dressing or telling people this or that can whitewash their failures

QED

Abia state as a case study. I knew of the transformation going on in Abia from the residents and not from Government.

All these taxes and revenue generated, yet the country is still jagajaga with extremely poor amenities and living conditions.

Sheuns:
It’s only the government appointees that are seeing these.

The people aren’t.

The people are seeing and experiencing acute inflation and a soaring poverty rate.

abc115:
The NRS Chairman, Zacch Adedeji Rolls Out Economic Snapshot Comparing May 2023 Baseline to Mid-2026 Gains Across Key Indicators​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​:

Domestic refining capacity
May 2023: 30,000 bpd
Mid-2026: 700,000 bpd (Nigeria’s first net petrol export recorded in March 2026)

Tax revenue (FIRS/NRS)
May 2023: ₦12.3 trillion
Mid-2026: ₦28.3 trillion (2025) / ₦27.1 trillion (July 2026)

Trade balance
May 2023: Marginal surplus of ₦44.7 billion
Mid-2026: ₦7.55 trillion surplus in Q1 2026

Capital importation
May 2023: US$3.9 billion
Mid-2026: US$23.22 billion (2025)

Solid minerals revenue
May 2023: ₦16 billion
Mid-2026: ₦70 billion (2025)

NGX All-Share Index / market cap
May 2023: 55,738 points / ₦30.36 trillion
Mid-2026: 250,000 points / ₦161 trillion

Out-of-school children
May 2023: 20 million (UNICEF estimate)
Mid-2026: 18.3–18.5 million (UNICEF)

Minimum wage
May 2023: ₦30,000
Mid-2026: ₦70,000

The NRS Chairman, Zacch Adedeji Rolls Out Economic Snapshot Comparing May 2023 Baseline to Mid-2026 Gains Across Key Indicators​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​:

Domestic refining capacity
May 2023: 30,000 bpd
Mid-2026: 700,000 bpd (Nigeria’s first net petrol… pic.twitter.com/2o7uoI5tUk

— Imran Muhammad (@Imranmuhdz) August 9, 2026

This is how they deceive the people, and the ignorant would swallow this useless thing.
Can they also show us the incidence of abject poverty, unemployment and hardship in the country between May 2023 and May 2026?

abc115:
God Bless President Bola Tinubu
The Best President in the history of Nigeria
God Bless Federal Republic of Nigeria

thats what you said about buhari

They should use the same analysis to compare poverty rate.

We may not understand how APC has taken Nigeria 2 steps forward but 5 steps backwards until we compare poverty rate under Jonathan with poverty rate under Buhari and Tinubu.

Tinubu the clueless failure ruined everything over night.

nothingspoil70:
This information is for those people who said they are too blind to see what PBAT has been doing since he got there.

I hope they will finally see these and acknowledge.

no no it's for those their B was removed.you don't need epistle to show us results,we are not blind

franchasng:
Zero impact on the lives of everyday Nigerians.


Imagine Nigeria earned more money through selling crude oil and mining our natural mineral resources since Tinubu resumed as President yet poverty and hunger persist in Nigeria, Tinubu just have to go mhen

What do you mean zero impact? Are you not feeling the bite of your collapsed purchasing power? What happened to negative impact on well-being and livelihood?

Hehehe 😃 a tilumbu 🌽 e-goon is showing us STATISTICS and telling us that we should hail his druggie because of it

MEANWHILE

It's his same tilumbu EBILokan that stood on podium, licked mic 🎤 and screamed "na STATISTICS we go CHOP? "

Something is not right 🤔

ogolemati:
thats what you said about buhari

The biggest scam in the history of Nigeria

Na statistics we go chop?

Figures wey only the big boys dey enjoy

The average man still suffers

Minimum wage
May 2023: ₦30,000
Mid-2026: ₦70,000

He's an illiterate

30,000 naira was 64 dollars in may 2023.

70,000 naira is 51 dollars in 2026.

How is 51 dollars better than 64 dollars?

Why didn't you add price of petrol to your propaganda?
2023: Petrol 200 naira per litre
2026: Petrol 1,300 naira per litre


Babablu Bulabu propaganda

The debate for economic growth versus economic development still persist, you can have economic growth without a concomitant effect on economic development and vice versa. This administrator is just manipulating data

just2endowed:
H

Agbadorians are now relying on statistic.

The same people that said, "na statistics we go chop?"