Raphael Oni
The Nigerian Export Promotion Council (NEPC) has announced a significant 19.5% increase in the country’s non-oil exports in the first half of 2025. According to the council, the export volume rose to $3.22 billion, up from $2.69 billion in the same period last year.
The Tinubu Media Volunteers (TMV) have attributed this growth to the proactive economic policies of President Bola Tinubu’s administration. “The federal government has put the right policies in place, and it bodes well for the country’s economy,” said the group in a statement signed by its Chairman, Chukwudi Enekwechi, and Secretary, Segun Ogedengbe.
The group highlighted the government’s efforts to promote good agricultural practices, warehousing, manufacturing, packaging, and labeling, which have contributed to the increase in export volume. The NEPC’s export intervention programs, such as capacity building on quality and standards, packaging and labeling, export documentation, and certification, have also played a crucial role in making Nigerian exports more acceptable to foreign countries.
The TMV noted that several factors have contributed to the increase in Nigerian exports, including wider market access and tariff reliefs provided under the African Continental Free Trade Area (AfCFTA) agreement. The group’s statement added that Nigeria’s active participation in the AfCFTA has opened up new opportunities for exporting companies.
The group applauded the Tinubu administration’s policies aimed at enhancing the export capacity of Nigerian companies. “The implication is that the federal government has put the right policies in place, and it bodes well for the country’s economy,” the statement read.
The increase in non-oil exports is a welcome development for the Nigerian economy, and it is expected to boost the country’s revenue and economic growth.
