President Bola Ahmed Tinubu says Nigeria has achieved a major financial milestone by meeting its 2025 annual revenue target as early as August, largely driven by non-oil revenues.
Speaking on Thursday, the President noted that this achievement means Nigeria has not borrowed a single dime from local banks this year.
> “Today, I can brag that Nigeria is not borrowing a dime from a local bank. We have met our revenue target for the whole year, we met it in August, non-oil,” Tinubu declared.
According to him, the strong performance of non-oil revenue has given the country confidence despite global uncertainties.
> “If the non-oil revenue is doing well, then we have no fear of whatever Trump is doing,” he added, suggesting that Nigeria’s economic stability is less vulnerable to international political or financial shocks.
The development comes as his administration continues pushing for diversification away from oil, with reforms targeting agriculture, manufacturing, and taxation.
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