By Joshua Tosin Ogunsakin 
Former presidential aide, Reno Omokri, has stated that Nigeria has recorded remarkable economic milestones under President Bola Tinubu, spanning foreign reserves, oil production, financial markets, infrastructure, and social support programs.
On his X account on Tuesday, Omokri highlighted 21 key achievements of the current administration:
1. Stronger Foreign Reserves
Nigeria’s foreign reserves have crossed the $45 billion mark for the first time in six years, ranking as the fourth-highest on the African continent.
2. Robust GDP Growth
Prudent reserve management contributed to 3.93% GDP growth in the most recent quarter, following 4.23% in Q2 2025.
3. Energy Independence
Within two years, Nigeria transitioned from Africa’s largest petrol importer to West Africa’s largest exporter.
4. OPEC Production Surplus
For the first time in over a decade, Nigeria exceeded its OPEC quota for three consecutive months, averaging 1.71 million barrels per day.
5. Expanded International Flights
Direct flights were facilitated to global destinations including London, São Paulo, Bogotá, Entebbe, Dar es Salaam, Algiers, and St. Kitts and Nevis.
6. Reduction in Oil Theft
Oil theft dropped to less than 10,000 barrels per day, marking a sixteen-year low.
7. Revenue Targets Achieved
Nigeria achieved its full-year revenue target by August, a first in its history.
8. Stock Market Growth
The Nigerian Stock Exchange rose above 130,000 All Share Index points for the first time.
9. GDP Expansion
The economy grew by $67 billion in two years, rising from ₦269.29 trillion in May 2023 to ₦372.8 trillion.
10. Non-Oil Revenue Growth
Between January and August 2025, non-oil tax revenue rose 40.5% to ₦20.59 trillion from ₦14.6 trillion in the same period in 2024.
11. Record Corporate Valuation
MTN Nigeria Limited reached a historic ₦10 trillion valuation, the first Nigerian company to achieve this milestone.
12. Falling Inflation
Food prices dropped significantly, reducing inflation to 16.05% from 20.12% in August 2025.
13. Lower Fuel Prices
Retailers, including Dangote, reduced fuel prices below ₦1,000.
14. Naira Stability
The Naira stabilised below ₦1,500 to the US dollar, making it one of the world’s best-performing currencies, according to Fitch Ratings.
15. Record Power Generation
Nigeria broke its power generation record with a peak of 5,801.84MW and maximum daily energy output of 128,370.75 MWh.
16. Trade Surplus Growth
Nigeria’s trade surplus rose 44.3% in Q2 2025 to ₦7.46 trillion, surpassing Q1’s ₦5.17 trillion.
17. Lower Interest Rates
The Central Bank of Nigeria reduced interest rates by 50 basis points to 27%, the first cut since the COVID-19 pandemic.
18. Global Economic Recognition
Fitch and S&P Global Ratings upgraded Nigeria’s economy to a Stable B rating.
19. Expert Endorsement
Economists, including Dr. Ngozi Okonjo-Iweala and Dr. Chukwuma Soludo, confirmed that President Tinubu has stabilised Nigeria’s economy.
20. Rail Transport Growth
Rail transport expanded by 43.08% in Q2 2025.
21. Road Infrastructure Expansion
Road transport grew by 24.50%, driven by mega-projects like the ₦13 trillion Illela-Sokoto-Badagry Superhighway and ₦15 trillion Lagos-Calabar Coastal Highway.