President Bola Ahmed Tinubu has delivered a message of economic resurgence, detailing how his administration has successfully steered the nation toward fiscal health and economic diversification.
Tinubu stated this during Nigeria’s 65th anniversary day national broadcast, highlighting that Nigeria has achieved a trade surplus for five consecutive quarters, fundamentally shifting the country’s economic posture as it now sells more to the world than it imports.
The president further commended the position of Nigeria aviation fuel export as the leading exporter in Africa.
“We are now a Net Exporter: Nigeria has recorded a trade surplus for five consecutive quarters. We are now selling more to the world than we are buying, a fundamental shift that strengthens our currency and creates jobs at home.
“Nigeria’s trade surplus increased by 44.3% in Q2 2025 to ₦7.46 trillion ($4.74 billion), the largest in about three years. Goods manufactured in Nigeria and exported jumped by 173%. Non-oil exports, as a component of our export trade, now represent 48 per cent, compared to oil exports, which account for 52 per cent.
“This signals that we are diversifying our economy and foreign exchange sources outside oil and gas. Oil production rebounded to 1.68 million barrels per day from barely one million in May 2023.
“The increase occurred due to improved security, new investments, and better stakeholder management in the Niger Delta. Furthermore, the country has made notable advancements by refining PMS domestically for the first time in four decades. It has also established itself as the continent’s leading exporter of aviation fuel.”
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TVC previously reported that President Bola Ahmed Tinubu on Wednesday delivered a national address to Nigerians to mark the 65th anniversary of Nigeria’s Independence Day 2025.
President Tinubu reflected on Nigeria’s journey since 1960 independence and paid tribute to national heroes.
Read the full speech below:
NATIONAL BROADCAST BY HIS EXCELLENCY BOLA AHNED TINUBU, GCFR, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA ON THE 65TH INDEPENDENCE ANNIVERSARY OF NIGERIA, OCTOBER 1, 2025
Fellow Nigerians,
FULL SPEECH: Tinubu’s 65th Independence Day Address To Nigerians