🌍 NIGERIA ON THE PATH OF ECONOMIC RENEWAL: A CALL TO UNITY AND SUPPORT FOR PRESIDENT TINUBU’S REFORMS 🇳🇬
Amidst global economic uncertainties, Nigeria is steadily regaining its footing under the visionary leadership of President Bola Ahmed Tinubu. The positive economic indicators emerging in recent months are not just figures on paper — they represent tangible progress in the nation’s journey toward sustainable growth and renewed confidence in the economy. The Naira, once heavily pressured, has continued its upward trajectory, now appreciating impressively at ₦1,455 to the dollar, signaling restored investor confidence and prudent fiscal management.
Nigeria’s foreign reserves have risen to $43 billion, a clear reflection of improved export performance and a stable external sector. Equally remarkable is the nation’s trade surplus projected at ₦25 trillion, driven by a significant surge in non-oil exports. In particular, manufactured exports have risen by 173%, highlighting the success of policies aimed at diversifying the economy and reducing dependency on crude oil. These gains underscore a return to productivity, innovation, and resilience within Nigeria’s manufacturing sector.
Another key milestone is the 50% reduction in debt servicing, alongside a 411% increase in national revenue — a feat that testifies to better fiscal discipline, accountability, and strategic reforms in public finance management. Furthermore, inflation has dropped by 20%, a relief to households and businesses alike, signaling that the tough policy decisions taken earlier are beginning to yield visible dividends. These achievements demonstrate that the foundation of Nigeria’s economy is being rebuilt for the long term, not just for temporary relief.
While these developments may not sit well with those who thrive on negativity or political distraction, the truth remains that Nigeria is making real progress. It is time to acknowledge that transformation takes patience, collective effort, and faith in leadership. President Tinubu’s administration is laying the groundwork for lasting prosperity — one that will benefit generations to come if we all remain steadfast and united in purpose.
As citizens, this is the time to rise above cynicism and lend our hands, voices, and hearts to the rebuilding process. Better days are not just a slogan; they are unfolding before us. With continued support, honesty, and commitment from every Nigerian, we can consolidate these gains and ensure that our beloved nation fulfills its destiny as the pride of Africa and a beacon of hope to the world. 🇳🇬✨
_Comrade Abu Michael, a social activist, theologian, policy political/political analyst, and blogger writes from Edo State_
