April 29, 2025

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Nigeria’s non-oil exports climbed by 24.7% to $1.79 billion in Q1 – NEPC

The Nigerian Export Promotion Council, NEPC, has said Africa’s most populous country’s non-oil exports increased by 24.75 percent to $1.791 billion in the first quarter of 2025.

 

The executive director of NEPC, Nonye Ayeni, disclosed this on Monday in Abuja.

 

According to her, the increase in non-export showed increased commitments and efforts towards improving the sector in the period under review.

 

This year, the Nigerian Export Promotion Council (NEPC) reported the highest value of export since it was established 49 years ago, with a year-on-year increase of 20.77 percent, from $4.517 billion in 2023 to $5.456 billion in 2024.

 

“Nigeria’s non-oil products exported in the first quarter of 2025 were valued at US$1.791 billion.

 

“This is a 24.75 percent increase over and above the $1.436 billion reported in the first quarter of 2024″, Ayeni stated.

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