Tinubu moving the economy from consumption to production – Nollywood actress

Nollywood actress, Eniola Badmus has noted that the Nigerian economy under President Bola Ahmed Tinubu is moving from consumption to production.

She stated that the country’s imports are decreasing while exports are increasing, indicating an expanding economy.

The actress noted that Nigeria, under Tinubu, has made unprecedented progress in trade, highlighting a shift from consumption to production.

Eniola Badmus made this known via a post on an Instagram handle: “Our imports are reducing, and our exports are increasing. That is a sign that our economy is expanding.

“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 evaluation comes amid a backdrop of severe economic hardship and soaring inflation in the country.

Just last month, millions of citizens took to the streets in a nationwide movement known as the ‘End Hunger Protests,’ rallying against the escalating difficulties they face daily.

Vanguard