2015. Trade deficits. -$6,447billion
2016 Trade Deficits. $-536million
2017. Trade Surplus -$13,148billion
2018. Trade Surplus $20,467billion
2019. Trade Surplus. $2,868billion
2020. Trade Deficits. $16,402billion
2021. Trade surplus. $4,561billion..
2022. Trade Surplus. $5,998billion
2023. Trade Surplus. $8,453billion
2024. Trade Surplus. $13,573billion
2025. Trade Surplus. $20billion+
Trade balance determines the availability or scarcity of dollars in a country…. And have spiral effect on many other economic activities…
Looking at the data …. You would understand why Dollar was always scarce under Buhari…. Too many deficits and very little surplus….
Economy wasn’t Buhari strongest point…. He kept delaying the inevitable until the gap between official and black market grew to almost 100%….
He resorted to borrowing to fill the gap but did a collateral damage to the economy…..
If you supported Buhari but think Tinubu is awful… Tinubu is packing your sh*t…. For 8yrs we all supported Buhari…. With this awful data because we see leadership as marathon relay and not sprint….
If Tinubu kept repeating Buhari Trade Deficits… Nigerians would insult all of us in APC or who supported APC and not just Buhari and Tinubu…
Today Tinubu is doing what Buhari refused to do because he was scared of his popularity especially in the North to the detriment of the economic health of Nigeria…
Today…. Tinubu simply allow the Naira to float without the dollar as godfather….. This encourage export and discourage imports…
Today our trade balance is rising like Ijebu garri every year….
