The latest foreign trade data show that Nigeria recorded a trade balance of N6.52 trillion in the second quarter of this year, according to the National Bureau of Statistics (NBS). Expectedly, President Bola Tinubu seized on the figure as evidence that his economic reform was working, saying the trade balance “underscores the increasing positive shifts in the economy over the last year.” Given that the positive trade balance significantly reversed the negative balance of minus N1.4 trillion recorded in the fourth quarter of last year, Tinubu should be cut slack. After all, a trade surplus, any trade surplus, is better than a trade deficit!