NRS: Nigeria’s economy rebounds on reform gains

…Says tax revenue hits N27trn, oil production, reserves improve
The Nigeria Revenue Service (NRS) has said that the Nigerian economy is gradually emerging from years of severe economic difficulties, with key indicators showing stronger growth, improved external balances and greater stability following a series of “painful” reforms by President Bola Tinubu’s administration.
“The Nigerian economy has moved decisively from acute macroeconomic distress toward a more stable and increasingly resilient footing,” the NRS said in an internal report.
The revenue service attributed the improvement to what it described as Tinubu’s economic management acumen and determination to implement reform...