Home » NEPC Announces 24.75% Increase in Nigeria’s Non-Oil Exports

NEPC Announces 24.75% Increase in Nigeria’s Non-Oil Exports

by Adeyinka A
0 comments

The Nigerian Export Promotion Council (NEPC) has announced a significant 24.75% increase in the value of the country’s non-oil exports, which reached $1.791 billion in the first quarter of 2025.

This figure surpasses the $1.436 billion generated in the same period in 2024.

Nonye Ayeni, the Executive Director of the council, shared the details during a press briefing in Abuja on Monday. She highlighted that the impressive growth reflects the resilience and diversification of Nigeria’s export sector, which is shifting away from oil dependency to bolster the country’s economic foundation.

Also Read: Nigeria’s Foreign Reserves Exceed $38 Billion, Says CBN Governor

She further explained that the surge in non-oil exports was driven by stronger economic activity in the Agriculture, Manufacturing, and Solid Minerals sectors.

Regarding the 14% U.S. trade tariff, the council viewed it positively, considering it an opportunity for Nigeria to focus on value addition and enhance its competitiveness in the global market.

Leave a Comment

Edtior's Picks

Latest Articles

All Rights Reserved—designed and developed by Pluxmedia Network

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.