Business News of Tuesday, 20 January 2026
Source: www.nationsonlineng.net
The Executive Director, CEO Nigerian Export Promotion Council (NEPC), Nonye Ayeni has disclosed that Nigerian Non-oil export performance in 2025 reached an all-time high $6.1 billion, representing a year increase of about 11.5per cent over the$5.46 billion recorded in 2024.
The ED disclosed this during a press briefing on the performance of non-oil export for 2025-2026 in Abuja, stating that this marks the highest non-oil export value achieved in the country for formal documented trade since the inception of the Council which has so far beaten the council’s record and underscoring the growing resilience and relevance of the non-oil export sector to Nigeria’s economy.
Ayeni reaffirmed the council’s commitment to ensuring it recalibrated and re-strategized to be able to achieve much more superlative performance, noting that with this performance, Nigeria has beaten its own record once again. “You will recall that in 2024, and also last year in 2025, Nigeria recorded the highest value of non-oil export,” she said, while assuring that the ‘Double Your Export mantra’ and the initiatives layered under it are yielding great results.
She said: “This outstanding performance is not the total story as a lot of exports still go out informally through our various borders. NEPC is in partnership with the National Bureau of Statistics and the Central Bank of Nigeria, CBN, while the other stakeholders are working hard to mainstream informal trade.
“In volume terms, total non-oil exports stood at 8.02million metric tons, reflecting a 10per cent increase compared to the 7.29million metric tons recorded in the previous year. This growth in both value and volume demonstrates improved export activity across multiple value chains and market destinations.
“In 2025, Nigeria exported a total of 281 non-oil products. These products cut across agricultural commodities, processed and semi-processed goods, industrial inputs, and solid minerals, reflecting gradual progress toward value addition and broader product representation in global markets.”
The ED added that Nigeria’s non-oil exports reached markets across 120 countries, with the Netherlands contributing 17.53per cent, Brazil 10.35per cent, and India 7.63per cent of non-oil export. Therefore, these three countries emerged as the top three destinations by value.
Export to Netherlands increased by 32.46per cent with products including cocoa beans, cocoa butter, sesame seeds and others. Export to Brazil increased by 19.07 per cent.