Abuja, Nigeria – August 15, 2025
Nigeria’s economy has recorded a significant boost, with the country achieving a trade surplus of over $4 billion, according to the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.
Announcing the development in Abuja, Edun said the positive balance reflects the impact of recent fiscal and monetary reforms aimed at expanding exports, curbing unnecessary imports, and improving foreign exchange inflows. He described the performance as a marked shift from previous trade deficits and a sign of renewed investor confidence.
“This surplus is no coincidence; it stems from intentional policies to expand our productive base, grow non-oil exports, and stabilise the naira,” Edun stated. He added that the government remains committed to sustaining the gains through local production incentives, foreign investment attraction, and reduced import dependency.
Analysts attribute the surplus largely to strong oil and non-oil export earnings, noting that it could help build foreign reserves and support naira stability. They, however, emphasised the need for deeper reforms in manufacturing, infrastructure, and energy to maintain long-term growth.
The latest figures come as part of ongoing government efforts to diversify the economy and reduce vulnerability to global oil market fluctuations.
