Nigeria ranks in $1.35 billion from non-oil exports in Q1

Ezra Yakusak

Ezra Yakusak

The Nigeria Export Processing Zones Authority (NEPZA) said Nigeria recorded $1.345 billion from non-oil exports in the first quarter. The figure represents a year-on-year (Y/Y) increase of 8.5 per cent.

NEPZA Executive Director, Dr. Ezra Yakusak, disclosed this yesterday at a media parley in Abuja. He stressed that a total number of 167 products were exported during the period. The products cut across manufacturing, semi-processed solid minerals and raw agricultural commodities.

“Just like last year, the first quarter also shows that Nigeria is gradually shifting from its traditional export of raw agricultural commodities to the export of semi-processed and manufactured goods,” he said.

Top of the products exported, he said, are urea, cocoa, beans, sesame seed, soya beans, cashew nuts and kernels. He also revealed that 97 countries spread among five continents imported Nigerian products during this same period.

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