Nigeria’s Non-Oil Exports Grow by 25% Amid Expansion into New Markets
By SpringNewsNG Media Limited | April 29, 2025
Nigeria’s non-oil export sector recorded a 25% increase in growth, driven by successful expansion into new international markets, according to data released on April 29, 2025.
The surge highlights ongoing efforts by government agencies and private sector players to diversify the economy away from oil dependence. Key non-oil export products contributing to the growth include agricultural produce, solid minerals, and manufactured goods.
Analysts say the growth reflects improved trade agreements, enhanced infrastructure, and increased support for exporters through policy reforms and financing initiatives. Experts believe that with continued investment and market exploration, Nigeria’s non-oil sector can sustain this upward trend and strengthen the nation’s foreign exchange earnings
