NewStats: 3,265,551 , 8,187,173 topics. Date: Sunday, 15 June 2025 at 05:23 PM 4l3j2w

The way Peter obi goes about spewing falsehood tells more about his personality whose only interest is power grabbing at all costs. He knows but he intentionally plays on d ignorance of many uniformed Nigerians. Even his kinsmen such as Alexi Otti and Charles soludo are saying otherwise, giving positive recommendations on structural reforms initiated by the president.

Am surprised that he is no longer speaking incoherently with hands shaking....

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

Commentor:
Tinubu understands commerce and the economy.

Reform comes with pain but if right policies are instituted just as the president is doing, Nigeria will soon experience economic prosperity.

jmoore:

So they don finish the road? All these propaganda machines

Stale

Nigeria shall get it right under president Tinubu.

Nigeria’s foreign trade in the first quarter of 2025 delivered a cautiously optimistic signal for the economy as the country recorded a trade surplus of N5.17 trillion, the highest in almost two years. This came as imports softened and non-oil exports gained fresh momentum.

Figures released by the National Bureau of Statistics (NBS) on Tuesday in its Foreign Trade Report show that total trade stood at N36.02 trillion in the first quarter, representing a 6.2 percent rise year-on-year, though marginally down from the previous quarter.

Of this, exports ed for N20.6 trillion, a 2.9 percent increase from Q4 2024, while imports dipped by 7 percent to N15.4 trillion.

While crude oil remained the bulk source of Nigeria’s export earnings, contributing over 62 percent of total exports at N12.96 trillion, its value slipped by more than N800 billion compared to the last quarter of 2024.

That decline was offset in part by the steady rise of non-oil exports, which climbed to N3.17 trillion, now ing for more than 15 percent of total exports, the highest share in over a year.
Agricultural exports posted one of the strongest performances in the period, growing nearly 65 percent from a year earlier to hit N1.7 trillion. Cocoa beans, both standard and superior grades, dominated the list, followed by cashew nuts, sesamum seeds, and natural cocoa butter.


In contrast to crude, urea, liquefied natural gas, and cocoa-based products rose in export value in favour of the government’s ongoing push for export diversification.

Much of this produce made its way to European and Asian markets, with the Netherlands, Belgium, India, and Vietnam among the top buyers.

India was Nigeria’s top export destination, ing for N2.84 trillion worth of goods, followed by the Netherlands, the United States, , and Spain.

Meanwhile, China held onto its position as Nigeria’s biggest import partner, shipping goods worth N4.66 trillion into the country, nearly a third of all imports.

Manufactured goods exports rose to N294.4 billion in the quarter, a slight improvement year-on-year, but suffered a sharp drop from Q4. The bulk of these exports included aluminium alloys, dredgers, and cathodes, mainly destined for Asia and Europe.

On the import side, manufactured goods were valued at N7.5 trillion, down 11 percent from the previous quarter. Key items ranged from motorcycles imported from India to electronic devices and chemicals sourced from China, the U.S., and Saudi Arabia.

Trade in raw materials followed a similar trend. Exports more than doubled to over N1 trillion, driven largely by urea sales to Brazil and gold to Switzerland. But raw material imports slid to N1.81 trillion, with cane sugar from Brazil and additives from the United States among the top imported items.

Trade with African countries was valued at N1.85 trillion in exports and N767 billion in imports. South Africa, Côte d’Ivoire, and Senegal received the bulk of Nigeria’s goods, mostly petroleum products and fertilisers, while imports from the continent were dominated by oil, refined fuel, and animal hides from countries like Angola, Togo, and Egypt.

Exports to West Africa alone totalled N1.1 trillion, while imports from the region were just above N213 billion.

Maritime transport remained the dominant channel for Nigeria’s international trade, ing for nearly 99 percent of exports and over 94 percent of imports.

The Apapa Port handled the largest share of trade activity, processing N17.7 trillion in exports and over N8 trillion in imports during the quarter.

iHart:
sarcasm at its peak hahahaha

You better no kill yourself on top politicians

after4:
You no fit get sense again.
The same media that belongs to the government or which one

Y are you crying 😭😭? I just love your tears

Yes for jagaban

Verifier:
The two people after him had the state in a very bad place. The scattered everything without remorse

But your Lord and Savior governor is saying something different.... ....or what do you think may be happening?🤣🤣

Ipobedient your Lord and Savior governor is aligning with great jagaban Tinubu. What shall you do? Nothing but to lie that you will still vote Otti for governor and vote another for president. But does that stop Tinubu from winning the election? No but it has gone to authenticate the fact Tinubu is the most intelligent and calculative politician in the history of Nigeria politics.

Eriokanmi:
Why not tell NNPCL to do so? You and gullible ers of Tinubu had once called dangote a monopoly so, what has changed ?

You and your gullible ipob once called dangote refinery a scam and it will not see the light of the day...

If you like talk say na audio... No go upgrade una self for opportunities... Investors are trooping into Nigeria especially in solid minerals sectors...

Emma Ujah, Abuja Bureau Chief

The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) has commenced the training of livestock value chain actors on how to benefit from the $2. 5 billion Foreign Direct Investment, FDI from Brazilian protein giant, JBS.

President Bola Tinubu signed the deal, earlier in the year, for the FDI from the Brazilians, who plan to establish poultry, beef and pork processing plants in parts of the country.

NIRSAL said in Abuja, yesterday, that it has launched the training programme for various stakeholders in the livestock value chain to enable them take full advantage of the $2.5 billion coming in from the foreign investors.

It said, the first cohort of the training programme, held in Abuja, “comes at a critical moment when Nigeria is stepping into the spotlight as a global meat investment destination of choice.

“The JBS partnership will see six modern meat processing plants built across the country-with two dedicated to beef, ushering in increased demand for feedstock from local producers.”
Participants in the first cohort of the training programme were drawn from the Ministry of Livestock Development, the Agric Department of the Federal Capital Development Authority (FCDA), National Association of Cattle Dealers, Processors & Marketers of Nigeria (NACDPMAN), Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria (AUFCDN), Maidoki Farms Ltd, and others.
The Managing Director of NIRSAL Plc, Mr. Sa’ad Hamidu, was quoted as saying, “This is not just another training; it is a targeted intervention aimed at creating bankable agribusinesses by improving feed formulation practices, reducing input waste, and optimizing livestock finishing cycles for increased market value.

“As it is, we are preparing Nigerian livestock producers to feed not just the nation, but the world. And this aligns directly with the Federal Government’s vision for an agriculturally empowered, export-ready nation.”

lexy2014:


will tinubu go to this hospital instead of going to ?

can you please name the "investors in Lithium, steel, livestock" that you say you have?

since you say "Tinubu is not a noise maker, he is a doer. Baba is working all round, making things happen", how has he successfully tackled corruption, nepotism, cronyism, hunger, unemployment, hardship, poverty, inflation, wasteful government spending, budget padding, insecurity, bad governance, failing public infrastructure, poor medial services and falling standard of education?

Tinubu is not joking 😃😃

lexy2014:


will tinubu go to this hospital instead of going to ?

can you please name the "investors in Lithium, steel, livestock" that you say you have?

since you say "Tinubu is not a noise maker, he is a doer. Baba is working all round, making things happen", how has he successfully tackled corruption, nepotism, cronyism, hunger, unemployment, hardship, poverty, inflation, wasteful government spending, budget padding, insecurity, bad governance, failing public infrastructure, poor medial services and falling standard of education?

Investors plenty, dey are rushing Nigeria.. if u like sit down there make you no upgrade yourself for opportunity..

lexy2014:


will tinubu go to this hospital instead of going to ?

can you please name the "investors in Lithium, steel, livestock" that you say you have?

since you say "Tinubu is not a noise maker, he is a doer. Baba is working all round, making things happen", how has he successfully tackled corruption, nepotism, cronyism, hunger, unemployment, hardship, poverty, inflation, wasteful government spending, budget padding, insecurity, bad governance, failing public infrastructure, poor medial services and falling standard of education?

After God, na Tinubu

lexy2014:


will tinubu go to this hospital instead of going to ?

can you please name the "investors in Lithium, steel, livestock" that you say you have?

since you say "Tinubu is not a noise maker, he is a doer. Baba is working all round, making things happen", how has he successfully tackled corruption, nepotism, cronyism, hunger, unemployment, hardship, poverty, inflation, wasteful government spending, budget padding, insecurity, bad governance, failing public infrastructure, poor medial services and falling standard of education?

Orosur Mining:
A Canadian mineral exploration company committed to investing $5 million in Nigeria's lithium exploration.
Continental Lithium:
A Nigerian company founded in 2017, with two founders having personally invested over $12 million.
TSG Mining Group:
A large investment from TSG Mining Group, including Zhejiang State-Owned Capital and Sunwoda, is focused on lithium processing in Kebbi State.
Xcalibur:
A mining firm with a business development manager actively involved in the Nigerian lithium scene.
Intertek,Australia:
A company with a business development manager engaged in Nigeria's lithium sector.
Innov-Africa:
A company with a managing director actively involved in the Nigerian lithium market.
LEMI Technology:
A Chinese company interested in partnering with NASENI for lithium battery production in Nigeria according to Nairametrics.
Avatar and Ganfeng:
Chinese companies that have established local plants for processing lithium oxide.
Basin Limited:
An investor involved in the Jupiter project, mining lithium in the North of Nigeria.
Lithium King:
An investor involved in lithium mining in the South West of Nigeria.

Streetinvestor2:
The people of Akwaibom will never vote SW president in 2027.i witnessed it last month when I attended a wedding in uyo with the SSG present. The mc said if you know you will see the end of the yr clap for Tinubu and everywhere went dead like grave yard.When the mc realised the f up with SSG presence. He now said clap for God and everywhere was filled with clapping.
The governor feels threatened for second term because he is nobody in akwa ibom politics. He is just someone who has been in his hotel business and past governor used all state money and power to make him governor. His school certificate is fake.They asked for it he went to hire 10 SANs to come defend it..lol

Story story... Story

Mindsetmindset:
Tinubu is a complete failure. The man lack the intellectual power to pilot this country from doldrums.

Your tears sweet 🧁🧁

SmartyPants:


Doesn't matter if there are 1 million participants when they are all bundled under the banner of IPMAN. Dangote doesn't want to collude with them because he'd rather kill them off and become the super monopoly. That's what this battle is about.


As for your last sentence, we agree on that.

Ok, I agree with you but the government of the day will not allow him to do so because the government is intentionally about revitalizing the oil and gas sector.

[quote author=AK481 post=135634725][/quote]

pasol4real:

Dangote already built a refinery before tinubu came to power
Is it tinubu that made dangote build a refinery? Or would dangote no longer sell his products irrespective of wether tinubu won or not?
This is simply what happens when there is no monopoly, and that is an age long, common economic factor....

Dangote refinery will never see the light of the day if subsidy is not done away with. Policies formation by the government have helped to revitalize the oil and gas sector. Do you know the number of refineries that are under construction now? Why are investors putting their money into refineries construction? It is because of the transparency of the regulatory framework guiding the modus-operandi of major stakeholders

These are the reasons the president announced " subsidy is gone" at his inauguration. It was an audacious move by the government to revitalize the oil and gas sector. This initiative by president Tinubu has helped to foster transparency, efficiency, competition and availability of the product.

SmartyPants:


Yes... But then that makes it clear that it takes two to tango. Dangote and the marketers could easily also just collude and have a nice time together at our expense. Is the market not big enough?

Do you know the number of participants in oil industry? Importations by marketers will continue until other refiners are able to come on board. Why is dangote shouting up and down about the marketers if it possible to collude with them? When other refiners come onboard, then, competition becomes stiffer. And competition is good for Nigerians

SmartyPants:


Competition (excess supply) is also a market reality obviously.

What will you call it if it is not obvious market reality in Nigeria oil and gas sector? Government policy such as PIA instigates competition, efficiency and transparency have helped to enhanced the functionality of the market forces.

AK481:


insignificant quantity from FG and thats why dangote is buying crude abroad .

Do you call this insignificant?

SmartyPants:


Oil marketers and Dangote are not a factor in the supply and demand equation. Stop it.

Omo ...there must be an action for reaction to take place. What dictate the reactions of the marketers and dangote are majorly market realities.

AK481:
.

to save FX , and streghten the naira , make the fuel cheaper as the dollar component will have limited impact ..etc.

the government is repeatedly failing to do this , even the article says dangote is buying crude from america

Good and it means that government is supplying dangote with crude-oil.

AK481:


Yet the government can't supply dangote crude .

What is the reason for Naira - crude oil policy by the government?