GreatrAnalyst:
They will always defend it.

Defenders of yachts and billions.
Defenders of 1,400+ delegates...

Like Buhari, like successor.

incandescentena:


This is setup

dominic17:
What is Tinubu mission for this country for God's sake

ffo:


so your point now is that it is right for the FG to allocate so much for frivolities

LegendHero:
Cross Rivers na like a country on her own.

They even have a government house budget bigger than that of a whole Lagos.

By the way, has anyone seen the actual amount spent? Budget alone won’t give the clearer view of what was spent as we don’t know the actual
Budget performance.

But even for the optics, this ain’t good.

Even for Lagos which people always blame daily, they turned out to be the one that spent the lesser percentage on government house in the whole Nigeria.

Abagworo:


I'd like to see that of Okorocha, Akpabio, Umahi, Wike and Amaechi.

TundeBricklayer:

You guys no get common sense Nigeria economy has collapsed so Peter Obi is the cause of the hardship Nigerians are facing? When will you guys get common sense, election is over for months now still some idiot.ts struggling to eat still wasting their use..less time over Peter Obi

The National Bureau of Statistics (NBS) says Nigeria recorded a N3.5 trillion trade surplus between January and September of 2023.

NBS made this known in its foreign trade report for the third quarter (Q3) of 2023 on Monday.

In the nine months of the year, according to the bureau, Nigeria’s exports totalled N23.3 trillion and total imports stood at N19.7 trillion — which gives a trade surplus of N3.5 trillion.

A trade surplus is an economic indicator of a positive trade balance in which the exports of a nation outweigh its imports.


On foreign trade for Q1 2023, NBS said total exports were N6.49 trillion, and imports value was N5.56 trillion.

The nation’s total trade was N12.05 trillion in Q1 — higher than the value (N7.86 trillion) recorded in the corresponding period (Q1) of 2022.

In Q2 2023, the country’s entire trade stood at N12.16 trillion, with total exports at N6.44 trillion and imports amounting to N5.73 trillion.


In Q3 2023, there was an improvement as the total trade stood at N18.80 trillion, with exports and imports totalling N10.35 trillion and N8.46 trillion respectively.

“Nigeria’s total trade in the third quarter of 2023 stood at ₦18,804.29 billion. Exports were valued at ₦10,346.60 billion while total imports stood at ₦8,457.68 billion,” the report reads.

“Total exports increased by 60.78% compared to the amount recorded in the second quarter of 2023 (₦6,435.13 billion) as well as by 74.36% compared to the corresponding quarter in 2022 (₦5,934.15 billion).

“Similarly, total imports increased by 47.70% compared to the value recorded in the second quarter of 2023 (₦5,726.25billion) and by 33.33% when compared to the value recorded in the corresponding quarter of 2022 (₦6,343.53 billion).”


SPAIN TOPS NIGERIA’S EXPORT DESTINATIONS IN Q3

Nigeria’s export landscape underwent a significant shift in the third quarter of 2023, with Spain emerging as the country’s top export destination, accounting for a remarkable 12.31 percent of total exports, valued at N1.27 trillion.

This was followed by India with N1.02 billion (9.81 percent), Netherlands with N988.66 billion (9.56 percent), Indonesia with N758.59 billion (7.33 percent) and France with N720.45 billion (6.96 percent) of total exports.

These five countries collectively accounted for 45.98 percent of Nigeria’s total exports, demonstrating the country’s growing presence in diverse global markets.

Analysis by TheCable Index shows that despite the diversification of export destinations, petroleum oils and oils obtained from bituminous minerals, crude, remained Nigeria’s primary export product, accounting for an impressive 82.50 percent (N8.54 trillion) of total exports.

However, natural gas, liquefied, and urea, whether or not in aqueous solution, also emerged as significant export earners, contributing 9.82 percent (N1.02 trillion) and 1.06 percent (N109.68 billion), respectively, to the overall export value.


CHINA DOMINATES NIGERIA’S IMPORT LANDSCAPE IN Q3

The NBS report shows that China maintained its position as Nigeria’s top import partner in the third quarter of 2023, accounting for a significant 23.33 percent of total imports.

“Data on Imports in the third quarter of 2023 reveals that the top five partner countries of origin for imports to Nigeria was China (₦1,973.34 billion or 23.33%), this was followed by imports from Belgium with ₦996.65 billion or 11.78%, India with ₦802.07 billion or 9.48%, Malta with ₦561.37 billion or 6.64% and the United States of America with ₦502.92 billion or 5.95% of total imports,” NBS said.

“The values of imports from the top five countries amounted to ₦4,836.36 billion representing a share of 57.18% of total imports.

“The commodities with the largest values of imported products were ‘Motor Spirit Ordinary’ valued at ₦1,921.03 billion or 22.71%.”

Also included are gas oil worth N736.66 billion or 8.71 percent and durum wheat (not in seeds), valued at N331.76 billion or 3.92 percent of total imports.

Rahkman:
ode why him no kuku put the flash drive inside the box adamu

Bobloco:


What would you describe Tinubu who presented an empty budget box to the national assembly

Notatribalist:

See them,how will you see anything comical in that incoherent speech? When he was so incoherent during the campaign you guys didn't see any wrong with it Nan,how will you see it now?

YesDaddyTill203:
Wailer gon wail.

Bobloco:


Plaindealer, you are actually the ignorant fellow here

Read the below thread

https://www.nairaland.com/7929278/revealed-nigerias-cop28-delegation-largest

Or better still read the below

https://www.thecable.ng/revealed-nigeria-has-highest-number-of-delegates-from-africa-at-cop28/amp

irumanle:
Dangote is part of the government already.
Nice one Rabiu.

Taiye11:
Na arrangement to rope him and I think Dangote orchestrated it because why didn't it be Dangote dat mingle and dine with them? Dis one na them and dangote wanted to set him up. Nice decision Mr Rabiu

SmartPolician:


What's the connection between your yeye comment and the comment you quoted?

By the way, Tinubu is a skit maker, and Nigerians will continue to have a good laugh whenever he drops his endless gaffes.

Some advice though: Go and get a life! Defending Tinubu and APC on Nairaland 24/7 won't give you a decent life!

PS: I won't reply you again

DMerciful:
You talk about Obi all the time even though you claimed he came 3rd. You've totally ignored Atiku. Tells me you know the truth!

SmartPolician:


If you have common sense, you wouldn't make that comment because the nature of jokes those foreigners crack is different from those of Nigerian commedians who constantly pull the country down.

By the way, if you consider this country working like this, you are an agbadorian who doesn't deserve a response from a sane fellow. So, I won't reply you again.

adioolayi:


What are they appealing, if the CTC they got declared Abba Kabir and resolved all issues against first respondent

Bobloco:
Imagine what a vice president is spewing

Ok, you don't have jobs for them, what then do you have for these young graduates, nothing!

What are you putting in place to empower them if they decide to embrace entrepreneurship. Nothing!




This is the worst president and vice president to have ever govern this country

Bobloco:
Imagine what a vice president is spewing

Ok, you don't have jobs for them, what then do you have for these young graduates, nothing!

What are you putting in place to empower them if they decide to embrace entrepreneurship. Nothing!
Did you read the content?



This is the worst president and vice president to have ever govern this country

ORIENTATION101:
were you living under the rock when supreme court sacked APC gov, 3 senators, 10 house of reps and 24 Assembly members in 2019 because there was no primary supervised by inec

Racoon:
 “A May 26 Supreme Court ruling also says rival parties have no right to question the validity of the internal decisions made by other parties unless they can prove that they suffered demonstrable harm as a result of the internal decisions another party took. So, the Kano governorship election tribunal’s verdict on this issue will be as dead as a dodo upon appeal.”

MadamExcellency:


There is no pride in being President Tinubu's spokesperson. It is only an embodiment of shame and caricature