The NRS Chairman, Zacch Adedeji Rolls Out Economic Snapshot Comparing May 2023 Baseline to Mid-2026 Gains Across Key Indicators:
Domestic refining capacity
May 2023: 30,000 bpd
Mid-2026: 700,000 bpd (Nigeria’s first net petrol export recorded in March 2026)
Tax revenue (FIRS/NRS)
May 2023: ₦12.3 trillion
Mid-2026: ₦28.3 trillion (2025) / ₦27.1 trillion (July 2026)
Trade balance
May 2023: Marginal surplus of ₦44.7 billion
Mid-2026: ₦7.55 trillion surplus in Q1 2026
Capital importation
May 2023: US$3.9 billion
Mid-2026: US$23.22 billion (2025)
Solid minerals revenue
May 2023: ₦16 billion
Mid-2026: ₦70 billion (2025)
NGX All-Share Index / market cap
May 2023: 55,738 points / ₦30.36 trillion
Mid-2026: 250,000 points / ₦161 trillion
Out-of-school children
May 2023: 20 million (UNICEF estimate)
Mid-2026: 18.3–18.5 million (UNICEF)
Minimum wage
May 2023: ₦30,000
Mid-2026: ₦70,000
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