‘Nigerian imports are reducing, while exports are increasing’ – Actress Eniola Badmus

Advertisement

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

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

Advertisement

The actress emphasised that the country’s economy under President Tinubu -led administration 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.

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

Advertisement

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

Advertisement
Advertisement
Exit mobile version