Nigeria’s economy surges with record revenue, inflation drop, and expanding infrastructure under Tinubu’s leadership.
President Bola Tinubu marked Nigeria’s 65th Independence Day by spotlighting 12 major economic achievements over the past two years. The economy grew 4.23% in Q2 2025, beating IMF forecasts, with inflation down to 20.12%. Non-oil revenue hit over ₦20 trillion by August, relieving fiscal pressure as debt servicing dropped from 97% to under 50%. Nigeria transitioned to a net exporter, recording a trade surplus for five straight quarters, driven by 173% jump in manufactured export goods. Oil production rose to 1.68 million barrels per day, alongside domestic fuel refining resuming after 40 years. Tax reforms expanded the base and eased burdens on low earners. Infrastructure projects like the Lagos-Calabar Coastal Highway and key rail lines progress fast. The stock market doubled, interest rates were cut, and social investment programs support 8 million households. Security improvements bolster stability for growth.
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