The Nigerian Export Promotion Council (NEPC) has announced that the country’s trade volume in 2024 reached 7.2 metric tons, with a 20.7 per cent increase in value, amounting to $5.45 billion.
NEPC Executive Director, Nonye Ayeni, disclosed this during the Ministry of Industry, Trade, and Investment’s retreat in Abuja on Monday, where the 2025 roadmap was presented.
“In terms of value, we achieved a 20.7 per cent increase, reaching $5.45 billion, and Nigeria is now represented in 126 countries. This progress highlights the country’s significant strides in trade. President Bola Tinubu’s Renewed Hope Agenda is yielding positive results, and we anticipate even better performance in 2025 as we intensify our efforts,” Ayeni stated.
She reaffirmed NEPC’s mission to reduce oil dependency by boosting non-oil exports, stressing the council’s commitment to enhancing exporters’ capacity from production to market entry.
“We are dedicated to supporting exporters, strengthening their knowledge of good agricultural practices, and ensuring the fulfilment of our mandate,” she added.
In 2024, NEPC conducted approximately 629 capacity-building programmes nationwide in collaboration with development organisations and agencies. The council is working across various regions to integrate export initiatives, aiming to boost both the volume and value of non-oil exports.
“To further support exporters, we plan to offer international certifications at no cost, enabling them to access niche markets and expand their global reach,” Ayeni noted.
Additionally, she highlighted NEPC’s efforts to link Micro, Small, and Medium Enterprises (MSMEs) with seasoned exporters while providing training in essential skills.
“Our dedication to these initiatives will play a vital role in increasing Nigeria’s non-oil export volume and value,” she concluded.
Credit: NAN (Text Excluding Headline)
