‘Trade Surplus Alone Can’t Improve Economy’

‘Trade Surplus Alone Can’t Improve Economy’ …C0NTINUE READING HERE >>>

Following the recent second quarter 2024 report as announced by the National Bureau of Statistics (NBS) of the nation’s N6.94 trillion trade surplus, a Nigerian-based independent think tank and research organisation, Pol Eco Analytics, has said though the news is cheering, it’s not a sign of improved economy target.

It clarified that the existence of a trade surplus is an economic indicator of a positive trade balance, where a nation’s exports exceed its imports but not enough to…

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