Monday,
October 21, 2024 -Nigeria’s non-oil export sector grew in 2023, with
the country exporting 6.685 million metric tonnes of non-oil products valued at
$4.518 billion, a 28.04 per cent increase from the previous year.
The Executive Director/CEO of the Nigerian Export Promotion Council,
NEPC, Nonye Ayeni, disclosed this in Lagos, at a recognition dinner for top
performing non-oil export companies on Sunday night, October 20.
Ayeni noted that 273 distinct non-oil products were exported in 2023,
ranging from semi-processed goods to raw agricultural commodities.
She said
: “Key exports included urea, cocoa beans, sesame seeds, soybeans, gold
dore, cashew nuts, aluminum ingots, and hibiscus flowers.
“These products have positioned Nigeria as a competitive player in
global markets, bolstering foreign exchange inflows and contributing to the
stabilization of the naira.”
She commended the efforts of the exporters, stating “your contributions
underscore Nigeria’s immense potential beyond oil, and serve as an inspiration
to other businesses to tap into opportunities in the non-oil sector.”
“We plan to prioritize 20 key products, support 10 top exporters per
product, and target five international markets,” she added.
Also speaking at the event, the Minister of Industry, Trade, and
Investment, Dr. Doris Uzoka-Anite, said: “We have signed trade agreements with
several countries, including the UK, the US, China, and India, to open up more
market access for our exporters.
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