Nigeria’s economy has received a significant boost with a trade surplus of N12.64 trillion in the first half of 2025.
According to the National Bureau of Statistics (NBS) report, the country’s exports outpaced imports, with a total trade value of N74.06 trillion.
A government official who spoke with WatchmanPost said the achievement is a testament to the effectiveness of President Bola Tinubu’s administration’s economic policies, which have driven exports and boosted the country’s trade balance.
The NBS report highlights that exports stood at N43.35 trillion, while imports totaled N30.71 trillion.
This significant trade surplus is a positive indicator of the country’s economic health.
The surplus is a result of the administration’s efforts to promote exports and reduce reliance on imports.
The policy has led to increased production and competitiveness of Nigerian goods in the global market.
The trade surplus has significant implications for Nigeria’s economy. It demonstrates the country’s ability to produce goods that are competitive in the global market, which can lead to increased economic growth and development.
The surplus also provides an opportunity for the country to invest in critical infrastructure and social services, improving the standard of living for its citizens.
