Nigeria: Fact or Spin? Fact-Checking Nigerian President Tinubu's Independence Day Economics

Nigeria: Fact or Spin? Fact-Checking Nigerian President Tinubu's Independence Day Economics

The president was on the money with many of his figures, including that inflation hit a three-year low in August 2025, external reserves were at their highest levels since 2019 and that N330 billion was disbursed to 8 million households under the National Social Investment Programme. However, some claims were misleading, such as comparing quarterly GDP-growth with annual figures and equating non-oil exports with all non-crude exports. Tinubu's m…