The Nigerian Export Promotion Council (Nepc) Has Announced A Significant Increase In Nigeria’S Non-Oil Export Earnings, Which It Says Rose To $1.791 Billion In The First Quarter (Q1) Of 2025.
This Marks A 24.75% Growth Compared To The $1.436 Billion Recorded In Q1 2024, Signaling Continued Strength In The Country’S Efforts To Branch Out Its Economy.
Speaking During The Presentation Of The Q1 2025 Performance Report In Abuja, Nepc Executive Director Nonye Ayeni Noted That The Volume Of Non-Oil Exports Also Experienced Substantial Growth.
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Total Exported Volume Reached 2.416 Million Metric Tonnes, Up By 243.44% From The 1.937 Million Metric Tonnes Recorded During The Same Period In 2024.
Ayeni Attributed This Upward Trend To The Council’S Strategic Initiatives, Particularly The ‘Double Your Exports’ Campaign, Which Was Launched To Empower Exporters, Expand Access To Foreign Markets, And Support Value-Added Production. Highlighting Past Achievements, Ayeni Recalled That The Nepc Recorded Its Highest-Ever Annual Export Value In 2024—$5.456 Billion, Up From $4.517 Billion In 2023—Representing A Year-On-Year Growth Of 20.77%.
She Reaffirmed Nepc’S Commitment To Building On This Momentum In Collaboration With The Federal Ministry Of Industry, Trade And Investment And Other Stakeholders. The Council Will Continue To Support Nigerian Exporters Through Training, Product Standardization, Trade Facilitation, And Market Access Development.
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