The Nigerian Export Promotion Council has raised optimism about the country’s economy following a significant jump in non-oil export earnings to $3.225 billion in the first half of 2025. This figure marks a 19.59 percent increase compared to the corresponding period in 2024, signaling a successful push beyond crude oil exports.
Nonye Ayeni, NEPC’s CEO, provided detailed insights at the council’s recent report presentation in Abuja, noting that the volume of goods exported also rose to 4.04 million metric tonnes from 3.83 million metric tonnes last year. This reflects increasing international demand from key markets like India, Brazil, Vietnam, and across Africa.
Ayeni said, “Gentlemen of the press, it is on this note that I am pleased to inform you that non-oil products exported in the first half of 2025 were valued at $3.225 billion.” The first quarter performance alone saw exports worth $1.791 billion, up 24.75 percent year-on-year, with shipment volume jumping by 24.3 percent to 2.416 million metric tonnes.
This encouraging data highlights Nigeria’s strides toward broadening its export base, with products spanning agricultural commodities, semi-processed goods, and manufactured items.