NIGERIA’S NON-OIL EXPORTS HIT RECORD $6.1BN IN 2025 – NEPC
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By Aishat Momoh. O.
Nigeria’s non-oil exports rose to an all-time high of $6.1 billion in 2025, marking the strongest performance recorded in the sector since the establishment of the Nigerian Export Promotion Council (NEPC) nearly five decades ago.
The figure represents an 11.5 per cent increase over the $5.4 billion posted in 2024, reflecting growing momentum in the country’s drive to diversify its economy away from crude oil dependence.
The Executive Director and Chief Executive Officer of the NEPC, Nonye Ayeni, disclosed this on Monday in Abuja during the council’s annual progress report and 2026 non-oil export outlook briefing.
Ayeni said data obtained from pre-shipment inspection agencies confirmed that the 2025 performance surpassed all previous records, describing it as a historic milestone for Nigeria’s formal, documented trade.
“Based on the records obtained from pre-shipment inspection agencies, Nigerian non-oil export performance in 2025 reached an all-time high of approximately $6.1 billion, representing a year-on-year growth of about 11.5 per cent over the $5.4 billion recorded in 2024,” she said.
“This is the highest non-oil export value achieved in the country for formal documented trade since the inception of the council almost 50 years ago.”
Beyond export value, Ayeni noted that export volumes also increased significantly, with total non-oil exports rising to 8.02 million metric tonnes in 2025, compared with 7.29 million metric tonnes in 2024, representing a 10 per cent growth.
She explained that the strong performance cut across agriculture, processed and semi-processed goods, industrial inputs, and solid minerals, pointing to gradual progress in value addition and product diversification.
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“In 2025 alone, Nigeria exported a total of 281 non-oil products, reflecting our steady transition towards value-added exports and deeper integration into global value chains,” Ayeni said.
However, she cautioned that the figures did not fully capture Nigeria’s export potential, noting that a significant volume of trade still occurs informally across land borders.
According to her, the NEPC is working with the National Bureau of Statistics, the Central Bank of Nigeria, and other stakeholders to integrate informal trade into official records, improve data accuracy, and strengthen policy support for exporters.
Ayeni added that export reforms, incentives, and capacity-building initiatives would be intensified in 2026 to sustain growth and expand Nigeria’s non-oil export footprint.
The record performance comes amid renewed government efforts to boost foreign exchange earnings, stabilise the naira, and reduce the economy’s exposure to oil price shocks by deepening non-oil export revenues.
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