PUNCH
The Nigerian Export Promotion Council has announced a remarkable 20.79 per cent increase in the value of the country’s non-oil exports, reaching a total of $5.456bn in 2024.
It stated that the amount surpassed the $4.5bn generated in 2023.
The Executive Director of the Nigerian Export Promotion Council, Nonye Ayeni, disclosed the figures while addressing the media on the performance report of the non-oil export sector for 2024 on Friday in Abuja.
She said the significant growth reflects the resilience and diversification of Nigeria’s export sector beyond crude oil, a shift aimed at reducing the country’s reliance on oil revenue.
According to her, the surge in non-oil exports was driven by increased economic activity in the agriculture, manufacturing, and solid minerals sectors.
She noted that the growth was largely propelled by the expansion of agricultural exports,…
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