Nigeria Explains $2.5b Non-Oil Exports In Six Months


The Nigerian Export Promotion Council says the country generated $2.5 billion from January to June from non-oil exports.

The Executive Director of the NEPC, Dr. Ezra Yakusak, revealed this at a one-day workshop for emerging exporters.

At the event on Wednesday in Owerri, the Imo State capital, Yakusak, represented by the NEPC’s State Coordinator in Imo State, Anthony Ajuruchi, said with the revenue milestone reached, the council could hope to surpass its year 2022 revenue of $4.8 billion by the end of 2023.

Speaking on the theme: “New Exporters; Panacea for Non-Oil Exports Growth,” Yakusak advised newly-registered exporters to learn from their experienced counterparts.

He urged successful exporters to share their experiences with new exporters so as to increase the number of players in non-oil exports business in Imo State and grow the economy of the state and Nigeria at large.


He said: “This workshop is aimed at building the morale of new exporters when they learn from existing, successful exporters so that we can increase the number of exporters in the state and Nigeria by extension.

“The more people venture into the exports business, the more revenue for the state and the more growth of Nigeria’s Gross Domestic Product and hopefully we will surpass the gains of the previous year.”

The Chief Executive Officer of Ivyl Foods, Lilian Moses-Okoro, said she had successfully exported her products to Canada, USA and UK.

Moses-Okoro advised the new exporters not to relent in their efforts to grow their products and to register their businesses with the NEPC so as to improve their brands and gain access to business intervention opportunities in the future.