Tinubu: We’re Now Selling More To The World Than Buying

President Bola Tinubu connected Wednesday declared that Nigeria was present selling much to the satellite than buying.

In a nationalist broadcast to people Nigeria’s 65th Independence Anniversary, helium said, “We are present a nett exporter: Nigeria has recorded a commercialized surplus for 5 consecutive quarters. We are present selling much to the satellite than we are buying, a cardinal displacement that strengthens our currency and creates jobs astatine home.

“Nigeria’s commercialized surplus accrued by 44.3% successful Q2 2025 to ₦7.46 trillion ($4.74 billion), the largest successful astir 3 years. Goods manufactured successful Nigeria and exported jumped by 173%. Non-oil exports, arsenic a constituent of our export trade, present correspond 48 per cent, compared to lipid exports, which relationship for 52 per cent. This signals that we are diversifying our system and overseas speech sources extracurricular lipid and gas.”
According to him, Nigeria has turned the country and the “the worst is over,” assuring citizens that the sacrifices made done pugnacious reforms are present yielding results.
Tinubu invoked the representation of the nation’s founding fathers and heroines — Herbert Macaulay, Nnamdi Azikiwe, Tafawa Balewa, Obafemi Awolowo, Ahmadu Bello, Margaret Ekpo, Anthony Enahoro, Ladoke Akintola, Michael Okpara, Aminu Kano and Funmilayo Ransome-Kuti — saying they believed Nigeria’s manifest destiny was to pb the achromatic contention arsenic the largest achromatic federation connected earth.
He noted that portion the state had faced profound social, economic, and governmental challenges successful the 65 years since October 1, 1960, it had made tremendous progress.
Education, healthcare, infrastructure, and industry, helium said, had expanded importantly since independence, with Nigeria increasing from 2 tertiary institutions to implicit 693 universities, polytechnics, and colleges of education, alongside maturation successful manufacturing, telecommunications, aviation, and defence.
Tinubu recalled that the federation had endured bitter times — including a civilian war, subject dictatorships, and governmental crises — but stressed that Nigerians survived with courageousness and determination.
“While our strategy and ties that hindrance america are sometimes stretched by insidious forces opposed to our values and ways of life, we proceed to strive to physique a much cleanable union,” helium said.
Reflecting connected his 28 months successful office, Tinubu said his medication inherited a near-collapsed system but chose the “path of reform” implicit “the comfortableness of today.”
According to him, the removal of substance subsidies and aggregate overseas speech rates redirected resources to education, healthcare, nationalist security, agriculture, and captious infrastructure.
He reported that authorities revenues had improved, section governments had much resources, and investments were being made successful roads, power, broadband, and societal concern programmes.
“I americium pleased to study that we person yet turned the corner. The worst is over, I say. Yesterday’s pains are giving mode to relief,” Tinubu said, thanking Nigerians for their endurance.
The President listed 12 cardinal economical milestones achieved successful the past 2 years: record-breaking non-oil gross surpassing ₦20 trillion by August 2025, indebtedness service-to-revenue ratio reduced from 97% to beneath 50%, with Ways and Means advances paid down, overseas reserves rising to $42.03 billion, the highest since 2019, Tax-to-GDP ratio up to 13.5%, with reforms expanding the basal and alleviation for low-income earners.
Others include; 5 consecutive quarters of commercialized surplus, with non-oil exports present 48% of trade,oil accumulation rising to 1.68m barrels per day, with PMS refined locally for the archetypal clip successful 40 years, stabilisation of the naira pursuing FX reforms, ending aggregate rates and N330 cardinal disbursed to 8 cardinal households nether societal investment.
Coal mining maturation rebounding to 57.5% successful Q2 2025, coagulated minerals present cardinal to growth, enlargement of transport infrastructure, including large obstruction and road projects, sovereign recognition upgrades and banal marketplace maturation to 142,000 points successful September 2025 with Central Bank cutting involvement rates for the archetypal clip successful 5 years, signalling assurance successful macroeconomic stability.
On security, Tinubu praised the equipped forces for victories implicit terrorism, IPOB/ESN insurgency, and banditry, noting that bid had returned to hundreds of communities successful the North-East and North-West.
He addressed the younker directly, describing them arsenic Nigeria’s “greatest assets.”
He cited NELFUND, which had disbursed ₦99.5 cardinal to 510,000 students crossed 228 institutions, alongside Credicorp loans worthy ₦30 cardinal to 153,000 Nigerians, and the YouthCred strategy supporting NYSC members.
He besides highlighted the Investment successful Digital and Creative Enterprises (iDICE) programme to enactment innovation.
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