Nigeria’s non-oil exports increased to $4.820 billion, representing 39.91 per cent growth in 2022, the Nigerian Export Promotion Council, NEPC, disclosed on Friday.
In perspective, NEPC explained that Semi-processed(manufactured products) made up 36.61 per cent of the exports outperforming Agriculture’s 30.12 per cent volume of non-oil exports; in comparison, Precious stones made up 17.06 per cent and others 13.21 per cent.
The Executive Director/CEO of the Nigerian Export Promotion Council, Ezra Yukusak, made this known during the presentation of the 2022 non-oil export performance for the year in Abuja.
Yukusak stated that about 221 products were traded as exports in the period under review.
He said, “Of these products exported, Urea/Fertiliser topped the list with 32.87 per cent.
“The emergence of Fertiliser (Urea) as the highest exported product in 2022 can be attributed to the Russia-Ukraine war, which created an avenue for Nigeria’s Fertilizer(Urea) to…
