Actress Eniola Badmus has expressed optimism about the state of Nigeria’s economy under President Bola Ahmed Tinubu, one month after the End Bad Governance protest.
The actress highlights what she describes as a significant shift from a consumption-driven economy to one focused on production.
Eniola pointed out that Nigeria’s imports are decreasing while exports are on the rise, signaling what she believes is an expanding economy.
In a post shared on her Instagram account, she stated, “Our imports are reducing, and our exports are increasing. That is a sign that our economy is expanding.”
She further shared data to support her claim: “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.”
Her comments come at a time when the country is grappling with severe economic challenges, including rising inflation and widespread hardship.
Just last month, millions of Nigerians participated in the ‘End Hunger Protests,’ a nationwide movement decrying the worsening economic conditions.