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Nigeria’s Non-oil Exports Rise By 40%
The Nigerian Export Promotion Council has revealed that Nigeria’s non-oil exports grew by 39.91 per cent in 2022 to $4.820 billion. Semi-processed/manufactured products made up 36.61 per cent of the exports beating Agriculture’s 30.12 per cent volume of non-oil exports, while precious stones made up 17.06 per cent, and others 13.21 per cent. This was…
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Nigeria Generates Over $3bn From Non-oil Export
The Nigerian Export Promotion Council has said that the country exported non-oil products worth $3.455bn in the 2021 fiscal year. The Executive Director, NEPC, Mr Ezra Yakusak, who said this while speaking at a seminar organised by the council in Owerri, Imo State, added that it was an increase from $2.21bn generated in 2020. Yakusak,…
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Non-oil Exports Rise By 205% In Five Years
Nigeria’s non-oil exports rose from N458.6bn recorded between January and September 2017 to N1.4tn within the same period of 2021. According to an analysis of data from the National Bureau of Statistics, within the five-year period, non-oil exports rose by N942bn or 205 per cent. Breakdown Analysis A breakdown of non-oil exports within the period…