NewStats: 3,265,517 , 8,187,053 topics. Date: Sunday, 15 June 2025 at 01:39 PM 3v399

I saw this post on frontpage that showed Nigeria's export at 20 trillion naira for 2025 Q1: https://www.nairaland.4free.org/8448548/q1-2025-nigeria-achieved-5.172 and the usual suspects were quick to sing praises for the government. They want to ruin Nigeria with propaganda.

Fact:

In 2014 Q1, Nigeria's export was about $24 billion USD. If converted to naira at today's exchange rate, it will be about N38 trillion Naira.

After 11 years of APC, our exports have dropped from $24 billion USD to $13 billion USD.

Source: https://www.nigerianstat.gov.ng/pdfs/Quarter1_2014_TRADE%20STATISTICS.pdf
copy the whole link if you want to view the page

APC and Lies/Propaganda. Bloggers and Social media influencers over to you. Don't let this slide. Let them explain how this is a good thing for Nigeria.

Very funny that you forgot to compare the naira value as it defeats your agenda.

Image123:
Very funny that you forgot to compare the naira value as it defeats your agenda.

The naira value is wrong here because whatever money we earned from export was earned in USD or equivalent, so if we earned 20 trillion naira today from export, it's only about $13 billion USD. In 2014 we were earning $24 billion USD from export.

givedemwotowoto:


The naira value is wrong here because whatever money we earned from export was earned in USD or equivalent, so if we earned 20 trillion naira today from export, it's only about $13 billion USD. In 2014 we were earning $24 billion USD.

And what we bought was from naira and to naira. The naira is not wrong at all. Whatever you want to buy from abroad, you convert from naira to most likely dollars to buy it. When it gets here, you sell it in naira. Naira is all over it. How much was 24 billion USD in naira in 2014? Let me help you, it was less than 4 trillion naira. In just 1st quarter of 2025, we have exported over 20 trillion naira. Giving credit doesn't kill.

NA STATISTICS WE GO CHOP Tinubu on the bit.

givedemwotowoto:
I saw this post on frontpage that showed Nigeria's export at 20 trillion naira for 2025 Q1: https://www.nairaland.4free.org/8448548/q1-2025-nigeria-achieved-5.172 and the usual suspects were quick to sing praises for the government. They want to ruin Nigeria with propaganda.

Fact:

In 2014 Q1, Nigeria's export was about $24 billion USD. If converted to naira at today's exchange rate, it will be about N38 trillion Naira.

After 11 years of APC, our exports have dropped from $24 billion USD to $13 billion USD.

Source: https://www.nigerianstat.gov.ng/pdfs/Quarter1_2014_TRADE%20STATISTICS.pdf
copy the whole link if you want to view the page

Nigerians are very intelligent people than you are. You just gave 24 carats falsehood. Nigerians know better. Tinubu is doing very well

seunowa:

Nigerians are very intelligent people than you are. You just gave 24 carats falsehood. Nigerians know better. Tinubu is doing very well

So what I posted was incorrect? Correct me now, don't just do cho cho cho