Nigeria’s non-oil export sector recorded a significant upswing in the first half of 2025, generating $3.2 billion in revenue, according to the latest trade performance report.
Data from the Nigerian Export Promotion Council (NEPC) revealed that the figure marks a notable growth compared to the same period last year, underscoring the rising global demand for Nigerian agricultural produce, solid minerals, and manufactured goods.
Experts attribute the surge to improved government policies, enhanced port operations, and the diversification drive aimed at reducing the country’s dependence on crude oil exports. Key contributors to the revenue include cocoa, sesame seeds, cashew nuts, urea, and liquefied natural gas from non-oil sources.
Speaking on the development, NEPC’s Executive Director, Ezra Yakusak, said the growth reaffirms Nigeria’s export potential beyond oil and gas. “We are beginning to see the results of strategic market expansion, trade agreements, and capacity building for exporters,” Yakusak noted.
Economists believe the trend could help strengthen Nigeria’s foreign exchange reserves, boost job creation, and shield the economy from the volatility of global oil prices provided the momentum is sustained through investment in production, value addition, and infrastructure.
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