Nigeria's diversification from a mono-cultural economy reliant on oil and gas exports is paying dividends according to new data announced by the Nigerian Export Promotion Council NEPC.
Presenting the results in Abuja on January 19th at a press briefing on the performance of non-oil exports for 2025, the executive director and CEO of NEPC, Nonye Ayeni, described 2025 as "an impressive year" in which Nigeria "took giant strides in our efforts to diversify the economy and grow the non-oil export sector."
Non-oil export earnings reached 6.1bn, an 11.5 increase over the 5.46bn recorded in 2024, Nigeria's highest formally documented non-oil export value to date. Export volumes also rose sharply to 8.02 million metric tonnes, up 10 from 7.29 million metric tonnes in 2024.
