ABUJA, Nigeria – The Presidency says the strong financial results posted by several companies listed on the Nigerian Exchange (NGX) in the first half of 2026 are a direct outcome of the economic reforms introduced by the administration of President Bola Tinubu since 2023. According to the statement, energy firms including Aradel Holdings and Seplat Energy benefited from the reforms due to their dollar-linked earnings. The Presidency further said the naira-for-crude policy has strengthened domestic refining, enabling Dangote Refinery to become a net exporter of petrol and aviation fuel. It added that manufacturers such as Dangote Cement, BUA Cement, and HBM benefited from improved access to foreign exchange, allowing better production planning, smoother supply chains, and stronger profitability. The statement also linked the removal of the petrol subsidy, banking sector recapitalisation, tax reforms, and tighter monetary management to improved macroeconomic stability.