The Tinubu Media Support Group (TMSG) commends the report of 20 firms listed on the stock exchange collectively declaring an N6.61 trillion revenue in the first quarter of 2026 describing it as a wonderful feat that is indicative of a thriving economy under President Bola Tinubu’s watch.
This is against the false image of the opposition who are always seeking to paint the economy as wrecked and disorderly in negative words.
In a statement signed by its Chairman Emeka Nwankpa and Secretary Dapo Okubanjo, TMSG asked how companies would create such money in an economy lampooned as impoverished.
“We are delighted by media reports that 20 companies listed on the Nigerian Exchange Limited (NGX) declared an estimated total revenue of N6.61 trillion in the first quarter (Q1) ended March 31, 2026.
“This is a clear and loud statement on the success of the ongoing economic reforms of the President Bola Tinubu administration.
And what that tells us is the economy is good enough for business to prosper.There are 20 listed enterprises from the manufacturing, petroleum marketing, power generation, telecommunication, breweries and other sectors which shows the development of the purchasing power of the average Nigerian.
This is counter to the political declarations of opposition figures who have not ceased feeding the people stories of despair.
that the question is how can an economy on the brink of collapse be fostering enterprises producing that much revenue?
“If we are poorer now than we have ever been in the history of Nigeria, as politicians would like us to believe, who are those that are spending money to the extent that 20 companies listed on the stock exchange posted an estimated N6.61 trillion in the first three months of the year?
“I dare say that Nigeria is experiencing an improved macroeconomic environment. Or how else can anyone explain an 11.7 per cent rise over the N5.9 trillion reported in the same time in 2025?
It also noted that it has no doubt that the improvement of economic indices would have a favorable influence on the people in the long term.
The organization called on Nigerians to keep faith in the President and his administration’s capacity to develop a more stable, resilient and prosperous economy in pursuit of the ambitious aim to grow a one trillion dollar economy by 2030.
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