The Traffic

Tinubunomics :
1.Nigeria’s trade surplus soared by 44.31% in the second quarter of 2025, reaching ₦7,463.96 billion, according to the latest data from the National Bureau of Statistics (NBS).
2.Manufactured Goods export Jumped by 67 per cent in second quarter. 

WHAT DO THESE NUMBERS TELL US : 

These numbers tell us that Nigeria is no longer just importing and consuming—it is producing, exporting, and earning. 

1. Manufacturing up 67%

This shows a major rebound in domestic production.

It means factories are producing more goods, which signals rising industrial capacity, job creation, and less reliance on imports.

It suggests government reforms (like forex adjustments, energy investments, and infrastructure push) are starting to pay off.

In plain terms: Nigeria is beginning to make more of what it consumes and even what it exports.

2. Trade surplus of $7.4 billion

A trade surplus means Nigeria is exporting more than it is importing.

This strengthens the naira, boosts foreign reserves, and builds investor confidence.

It also shows non-oil exports are growing alongside oil, diversifying the economy.

BIG PICTURE 

Together, these figures tell a story of economic recovery and resilience.

Nigeria is producing more at home (manufacturing boom) and earning more abroad (trade surplus).

If sustained, it means more jobs, stronger currency stability, and higher growth momentum.
#nigeriarebounds

Sunday Dare CON, Special Adviser to the President on Media and Public Communications