NIGERIA POSTS $6.83 BILLION BALANCE OF PAYMENTS SURPLUS IN 2024, SIGNALING ECONOMIC RESURGENCE AND VALIDATING RENEWED HOPE AGENDA. (PHOTOS). #PRESS RELEASE

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 Nigeria Posts $6.83 Billion Balance of Payments Surplus in 2024, Signaling Economic Resurgence and validating Renewed Hope Agenda  The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, marking a decisive turnaround from deficits of $3.34 billion in 2023 and $3.32 billion in 2022. This improvement reflects the impact of wide-ranging macroeconomic reforms, stronger trade performance, and renewed investor confidence in Nigeria’s economy. Stronger Trade and External Account Performance The current and capital account recorded a surplus of $17.22 billion in 2024, underpinned by a goods trade surplus of $13.17 billion. Petroleum imports declined by 23.2% to $14.06 billion, while non-oil imports fell by 12.6% to $25.74 billion. On the export side, gas exports rose by 48.3% to $8.66 billion, and non-oil exports increased by 24.6% to $7.46 billion. Remittance inflows remained resilient, with personal remittanc...
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PDP WELCOMES SARAKI,ABDUL FATAH,IBETO TODAY AS THEY DEFECT FROM APC.{PHOTOS}.#PRESS RELEASE.

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    July 31, 2018
Press Statement
The Peoples Democratic Party (PDP) welcomes the Senate President, Senator Bukola Saraki, the Kwara State Governor, Megida Ahmed Abdulfatah and the Nigerian Ambassador to South Africa, Alhaji Ahmed Ibeto, to its fold.
The party says the coming of Senator Saraki, Governor Ahmed and Alhaji Ibeto could not have been at a better time than this when our nation requires the input of genuine patriots that will save her from an impending decline.
The PDP notes the harassment and intimidation that the duo of Senator Saraki and Governor Ahmed had suffered from the lords in the disintegrating All Progressives Congress (APC) which they helped to build and nurtured to win elections.
Senator Saraki, in particular, has conducted the affairs of the Senate in reflection of the wishes of the silent majority of Nigerians and had emerged a hero of democracy.
The party has no doubts that Senator Saraki, Governor Ahmed and Alhaji Ibeto will contribute immensely to the new order that engender good governance in our nation.
The PDP assures all returning members of all the rights and privileges accruable to every member of our party.
Furthermore, the PDP calls on all Nigerians who are desirous of rescuing our nation from the incompetent administration of President Buhari to rally with party of choice, PDP, ahead of the 2019 elections.
Signed:
Kola Ologbondiyan   
 National Publicity Secretary
More photos below.
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