The Nigerian President, Bola Tinubu, recently announced significant economic indicators for his Independence Day celebrations. Data released suggests a substantial decrease in inflation, reaching a three-year low in August 2025, with external reserves exceeding their highest point in 2019. Furthermore, the government reported the disbursement of N330 billion to 8 million households through the National Social Investment Programme. However, some claims regarding quarterly GDP growth comparisons and the categorization of non-oil exports as all non-crude exports were identified as potentially misleading. The President’s statement regarding a reduction in economic figures requires verification through independent sources.
Credits: AllAfrica News: Latest
