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Nigeria Records $3.23 billion From Non-Oil Exports

Vital News by Vital News
August 11, 2025
in Business
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Nigeria Records $3.23 billion From Non-Oil Exports
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Nigeria’s non-oil exports surged to $3.225 billion in the first half of 2025, marking a 19.59% increase from the $2.696 billion recorded in the same period of 2024.

The Executive Director/CEO of Nigeria Export Promotion Council (NEPC), Nonye Ayeni, revealed the figures on Sunday in Abuja.

She spoke while presenting the council’s First Half-Year Progress Report on the nation’s non-oil export performance.

According to her, shipment volumes also rose to 4.04 million metric tonnes from 3.83 million metric tonnes in the first half of 2024, driven by growing global demand for Nigerian products from countries such as India, Brazil, Vietnam, and several African markets.

“Gentlemen of the press, I am pleased to inform you that non-oil exports in the first half of 2025 were valued at $3.225 billion.

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“This represents a 19.59% increase compared to the $2.696 billion recorded in the same period of 2024,” Ayeni said.

She explained that the growth trend has been consistent since the start of the year. In Q1 2025, non-oil exports stood at $1.791 billion — a 24.75% jump from $1.436 billion in Q1 2024 — while export volumes rose 24.3% to 2.416 million metric tonnes, compared to 1.937 million metric tonnes in the same quarter last year.

According to Ayeni, the report offers a comprehensive overview of the council’s milestones, challenges, and future plans, with the steady growth reflecting Nigeria’s expanding footprint in global non-oil markets.

She expressed confidence that the positive momentum will continue into the second half of 2025, with a strategic focus on widening market access, enhancing product quality, and boosting Nigeria’s presence in emerging economies.
Source – Bush Radio
(vitalnewsngr.com)

Tags: CouncilexportsNigerianon - oil
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