Home Business Nigeria’s Non-Oil Exports to ECOWAS Hit 663 Million Metric Tonnes in Six Months
BusinessNews

Nigeria’s Non-Oil Exports to ECOWAS Hit 663 Million Metric Tonnes in Six Months

2.6k

The Nigeria Export Promotion Council (NEPC) has revealed that Nigeria shipped 663 million metric tonnes of goods to 11 ECOWAS countries in the first half of 2025. This marks a notable rise from the same period last year, underscoring the country’s growing role in West African trade.

NEPC Director-General, Mrs. Nonye Ayeni, shared the figures during the Sunday council’s half-year non-oil export performance briefing in Abuja. She noted that beyond ECOWAS, Nigeria also exported 488 million metric tonnes of products worth $83.5 million to 21 other African nations—a 2.59% increase in value from 2024.

Ayeni credited the African Continental Free Trade Area (AfCFTA) agreement for opening new opportunities for Nigerian exporters, particularly small and medium-sized businesses. “AfCFTA holds the key to intra-African trade,” she said.

Indorama Eleme Fertiliser and Chemical Ltd, Starlink Global, and Ideal Ltd topped the exporters’ list, contributing 11.92% and 8.82% respectively to the total non-oil export volume. Banks also played a central role, with Zenith Bank leading by processing nearly one-third of all Nigeria Export Proceed Forms in the period.

Most exports left through seaports, which handled 94% of the traffic, while land borders and airports comprised the rest. NEPC also ran over 250 training programmes for more than 27,000 Nigerians, covering export procedures, packaging, and quality standards.

About The Author

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

EntertainmentMusicNews

Toni Braxton Earns 60 Percent of Burna Boy’s Last Last Streaming Royalties

Grammy-winning Nigerian singer Damini Ogulu, popularly known as Burna Boy, has revealed...

NewsPoliticsTechnology

Nigeria Slams The Seyi Tinubu AskCityBoy App For Being A Glorified Customer Service Chatbot Disguised As Advanced Artificial Intelligence

Stripped of its high-tech marketing and political fanfare, the recently launched pro-government...

NewsPolitics

The Ghost of Aso Rock: Haunting Nigeria’s Economy While Plotting the 2027 Hijack

Nigeria is currently pioneering a brand-new style of leadership: governance by complete...