Nigeria has recorded its highest non-oil export value in over ten years, marking a significant milestone in the country’s economic diversification drive. According to trade figures for the first quarter of 2025, non-oil exports surged to their highest level since early 2010s, underscoring renewed momentum in agriculture, solid minerals, and manufactured goods.
The achievement aligns with the Federal Government’s strategic efforts to reduce dependence on crude oil and boost foreign exchange earnings through value-added exports. Analysts attribute the growth to improved trade policies, enhanced port infrastructure, and increased private-sector investment in export-oriented sectors.
This historic performance signals growing resilience in Nigeria’s export landscape, with stakeholders optimistic about sustaining the momentum in subsequent quarters.