Nigeria @ 65: Trade Surplus Jumps 44.3% to ₦7.46trn in Q2 2025,.Claims Tinubu

President Bola Tinubu on Wednesday, October 1, said Nigeria recorded a trade surplus of ₦7.46 trillion in the second quarter of 2025, marking a 44.3 per cent increase compared to the previous quarter.

Tinubu made the announcement during his nationwide broadcast to commemorate Nigeria’s 65th Independence Day, describing the performance as evidence of a steadily recovering economy.

According to him, Nigeria has now posted five consecutive quarters of trade surplus, a trend he credited to stronger export activities, particularly in the non-oil sector, and government reforms aimed at reducing dependence on crude oil revenues.

“Our economy is becoming more resilient and competitive. This consistent growth in trade surplus shows that our policies are working and Nigeria is on the path to sustainable prosperity,” the President said.

He explained that the growth in foreign trade earnings underscores his administration’s push for job creation, industrial expansion, and a stable macroeconomic environment.

Tinubu also highlighted reforms such as fiscal discipline, incentives for exporters, and support for local industries, noting that these measures are beginning to yield tangible results.

The President assured citizens that his administration would continue to strengthen policies that drive productivity, expand export opportunities, and reduce import dependence, while ensuring that the benefits of economic growth translate into improved living standards.