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November 12, 2026

Banking. Revenue. TechnoBiz

BudgetingForeign Exchange (Forex)

Nigeria’s Non-Oil Export Earnings Hit $6.1Bn In 2025 – NEPC

The Nigerian Export Promotion Council (NEPC) reported on Monday that the nation’s non-oil export sector recorded $6.1 billion earnings in 2025, representing 11.5% increase from the $5.4 billion recorded in 2024.

The Executive Director/CEO of the NEPC, Nonye Ayeni, gave these figures during a media briefing on the 2025 annual report and 2026 export outlook for the non-oil sector in Abuja

Citing data obtained from pre-shipment inspection agencies to substantiate her claims on the sector’s performance, she maintained that with the improvement in the performance of the non-oil sector as desirable for the nation’s economic growth.

The NEPC boss explained: “Based on the records obtained from pre-shipment inspection agencies, Nigerian non-oil export performance in 2025 reached an all-time high. The non-oil export sector rose to approximately 6.1 billion U.S. dollars, representing a year-on-year growth of about 11.5 per cent over and above the 5.4 billion U.S. dollars recorded in 2024.

“This marks the highest non-oil export value achieved in the country for formal documented trade in the country and also from the inception of the council almost 50 years ago. So we have indeed beaten our own records of last year. So Nigeria has 6.1 billion U.S. dollars in terms of value for non-oil export”, Nonye added.

According to her, the surge in non-oil sector earnings in the year under review also reflects growth in export volumes, with total non-oil exports reaching 8.02 million metric tonnes in 2025, compared with 7.29 million metric tonnes in 2024, indicating 10% increase.

The data on the non-oil exports further reflected that 2025 Nigeria exported 281 non-oil products in the year, reflecting that ongoing initiatives of the Federal Government to diversify the economy and make the non-oil sector the largest foreign exchange (FX) earning source for the country is yielding desired results.