₦airaland Forum

Nigeria’s non-oil exports rose significantly in the first quarter (Q1) of 2025, reaching a total value of $1.791 billion, the News Agency of Nigeria (NAN) reports.

This is according to the Nigeria Export Promotion Council (NEPC).

The Director-General of the NEPC, Dr. Nonye Ayeni, made this known on Monday during the presentation of the First Quarter Progress Report on Non-Oil Export Performance for 2025, held in Abuja.

Ayeni stated that the figure represents a 24.75% increase compared to the $1.436 billion recorded in the same period of 2024, signaling strong growth momentum in Nigeria’s efforts to diversify its economy away from oil dependency.

“In the first quarter of 2025, a total of 197 distinct products were exported,” Ayeni said.
“This reflects an increase compared to 162 products recorded in Q1 2024. These products range from manufactured and semi-processed goods to industrial extracts and agricultural commodities.”

Surge in Export Volume
The volume of non-oil exports also saw remarkable growth, climbing to 2.416 million metric tonnes, a 243.44% jump from 1.937 million metric tonnes reported in the first quarter of 2024.

This surge, according to Ayeni, demonstrates that stakeholders are increasingly leveraging opportunities within the non-oil export sector.

Top Export Products and Companies
The NEPC boss highlighted that cocoa and its derivatives — including cocoa butter, cocoa liquor, and cocoa cake — topped the list of exported products in Q1 2025.

Other key products included:

--Urea/Fertiliser
--Cashew Nuts
--Sesame Seeds
--Gold Dore
--Aluminium Ingots
--Copper Ingots
--Soya Beans/Meal
--Rubber

Based on data from the Pre-shipment Inspection Agents (PIAs), cocoa beans alone accounted for 45.02% of total non-oil exports, followed by urea/fertiliser at 19.32%, and cashew nuts at 5.81%.

On the corporate front, Indorama Eleme Fertiliser and Chemical Ltd and Starlink Global and Ideal Ltd maintained their positions as the top exporters, with export shares of 12.07% and 10.00% respectively.

Their strong performance was attributed to the significant export values of fertiliser and cocoa products.

Source: https://nairametrics.com/2025/04/29/nigerias-non-oil-exports-hit-1-791bn-in-q1-2025-up-24-75-nepc/

Good

Slow and steady

helinues:
Good

Slow and steady

What is that?

Nigerian does not need slow and steady. Have you seen the population growth? Nigeria is one of the countries with the highest number of people between age 18-35. What will they eat, what jobs will they do? How will they compete on a global platform?

Nigeria needs revolutionary leadership not slow and steady o. Slow and steady may be good for some developed countries but it will lead to disaster for others.

All of this should be reflecting in the lifestyles of Nigerians, that is all we are asking.

Everyday they issue "empty political statements mixed with voodoo economics" and yet NOTHING to show in the lives of the citizens!

It's so pathetic!

From Production to consumption. This is the direction a healthy economy should be taking

ClearFlair:
What is that?

Water.

Hope you are not sad about this development

Are you amongst the jobless Nigerians hence loitering around NL?

GDP fanboys will not like this at all.

Which one is hit?
As at 2014, non-oil export was $1.65bn
Ten years and APC hardly moved the needle
Very incompetent lots

Agbegbaorogboye:
Which one is hit?
As at 2014, non-oil export was $1.65bn
Ten years and APC hardly moved the needle
Very incompetent lots

It was actually $2.71 billion in 2014

Agbegbaorogboye:
Which one is hit?
As at 2014, non-oil export was $1.65bn
Ten years and APC hardly moved the needle
Very incompetent lots

Quarter 1
First quarter...Read!!!

Elusive001:
It was actually $2.71 billion in 2014

We are talking about First Quarter only.... Meaning there are still 3 quarters to go..

NgeneUkwenu:
We are talking about First Quarter only.... Meaning there are still 3 quarters to go..

Go and sit down.

What was it during your god, Buhari’s regime?

NgeneUkwenu:
Quarter 1
First quarter...Read!!!

Yes! Q1 2014 non oil export was $1.65bn
Do I even need to tell you it's Q1 before you know?
Do you in your worst imagination expect that Nigeria will export a paltry $1.65bn for the whole of a year?!!

Elusive001:
It was actually $2.71 billion in 2014

And they're celebrating this? These APC fan boys are pathetic.

Tinubu till 2031

Encouraging, Tinubu improving over Tinubu.

Nairalanda1

obi4eze:
And they're celebrating this? These APC fan boys are pathetic.

We made $2.7b throughout 2014, but we've made $1.7b in just Q1 2025.

Agbegbaorogboye:
Which one is hit?
As at 2014, non-oil export was $1.65bn
Ten years and APC hardly moved the needle
Very incompetent lots

The report is just for january, february and march 2025

Ikaeniyan0:
The report is just for january, february and march 2025

The one I referenced was also Q1 2014
APC are incompetent

Agbegbaorogboye:
Yes! Q1 2014 non oil export was $1.65bn
Do I even need to tell you it's Q1 before you know?
Do you in your worst imagination expect that Nigeria will export a paltry $1.65bn for the whole of a year?!!

Provide the link, no be cho cho!

NgeneUkwenu:
Provide the link, no be cho cho!

Just Google

Agbegbaorogboye:
Just Google

So where is the 1.65B you taunted above?

NgeneUkwenu:
So where is the 1.65B you taunted above?

What was it during your God's 8 years?

NgeneUkwenu:
So where is the 1.65B you taunted above?

What difference does it make?
The point is APC barely moved the needle in 10 years
APC is incompetent

Compare non-oil exports in 2004 to 2014 and you'll see a huge difference compared to this abysmal shift

Ikaeniyan0:
Nairalanda1

Manufactured goods and services.

Beautiful and positive diversification spotted.

For Starlink Global, owned by an individual, to be exporting nearly as much as Indorama, is extraordinary.

What a great business the man runs.