JUST IN: ‘Our imports are reducing, and our exports are increasing’ – Actress Eniola Badmus comments on the Nigerian economy

'Our imports are reducing, and our exports are increasing' - Actress Eniola Badmus comments on the Nigerian economy

Nollywood actress, Eniola Badmus has taken to social media to hail  President Bola Ahmed Tinubu, for shifting the  Nigerian economy from consumption to production. ..Read Full Article

The actress via her verified Instagram on Sunday noted that the country’s imports are decreasing while exports are increasing, indicating an expanding economy.

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The actress emphasised that Nigeria, under Tinubu, has made unprecedented progress in trade, highlighting a shift from consumption to production.

On her Instagram story, she wrote: “Our imports are reducing, and our exports are increasing. That is a sign that our economy is expanding.

“For the year-to-date 2024, our imports were N24.44 trillion, while our exports stood at N38.59 trillion. This gives us an unprecedented trade surplus of over N14 trillion in just eight months.

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“It has never happened in Nigeria. Never. This is a refreshing shift from consumption to production.”

Her appraisal is against the backdrop of unprecedented hardship and inflation in the country.

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