NIGERIA HITS REVENUE MILESTONE

Tinubu Announces Nigeria Meets 2025 Revenue Target Ahead of Schedule

President Bola Tinubu declared that Nigeria has successfully met its 2025 revenue target, primarily driven by non-oil sector growth. Speaking to a delegation at the Presidential Villa, Tinubu stated, "Today, I'm standing before you, I can brag that Nigeria is not borrowing a dime from local banks. We have met our revenue target for the whole year, and we met it in August."

The President emphasized that this achievement showcases Nigeria's progress in diversifying its economy and reducing dependence on oil exports. Tinubu also highlighted the stabilization of the naira, which has appreciated from over ₦1,900 to approximately ₦1,450 against the US dollar since unifying the foreign exchange windows.

"We have no fear of whatever Trump is doing," Tinubu said, referencing former US President Donald Trump's trade policies. With the revenue target met, Nigeria will no longer rely on borrowing to fund its budget, focusing instead on sustainable economic growth and development