Home Business Nigeria Breaks Record with $6.1 Billion in Non‑Oil Exports
Business

Nigeria Breaks Record with $6.1 Billion in Non‑Oil Exports

Share
Share

Nigeria’s non‑oil export sector achieved its highest-ever performance in 2025, generating approximately $6.1 billion in earnings, up from $5.4 billion the previous year.

The increase — about 11.5 percent year-on-year growth — reflects stronger activity across multiple product categories and expanding market access, supporting efforts to diversify the economy away from crude oil.

Officials reported that Nigeria exported a wide range of 281 non‑oil products in 2025, including agricultural commodities, processed and semi-processed goods, industrial inputs, and solid minerals, reaching buyers in over 120 countries worldwide.

Among the key markets for Nigerian non‑oil exports were the Netherlands, Brazil, and India, which emerged as top destinations by value.

Export volume also grew, highlighting rising global demand and a gradual shift toward greater economic diversification and value-added products.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Business

“A Brighter Tomorrow: Government Rolls Out Mega Solar Energy Plan”

In a bustling nation where generators once hummed louder than hope, a...

Business

“Anambra Adopts Gas Energy, Sparks Optimism Among Manufacturers”

Anambra State is making a bold move to replace diesel with gas...

Business

Otti Woos Investors as Abia Hosts High-Level Business Roundtable to Drive Economic Growth

The Abia State Government on Thursday hosted the Abia Business Roundtable 2026,...

Business

Abia Authorities Shut Down Hotels and Water Factory Over Environmental Violations

The Abia State Environmental Protection Agency (ASEPA) has sealed several hotels and...