BREAKING: Non-oil sector records slight decrease in six months

BREAKING: Non-oil sector records slight decrease in six months

The Executive Director/CEO of the Nigerian Export Promotion Council, Ezra Yukusak, on Monday, said Nigeria’s non-oil sector recorded a slight decrease in the value of exports to $2.54bn representing a 0.09 per cent dip in the first half of 2023.

Yukusak made the statement during a presentation on the non-oil export sector for the first half of 2023.

He explained that the recorded figure was a slight decrease as against the sum of $2.593bn in the corresponding period of 2022.

He said, “I wish to inform you today that the sector recorded a slight dip in the value of exports in the first half of 2023. The non-oil export returns from various pre-shipment inspection agents indicated that 3, 94 million metric tons of products worth $2.54bn were exported in the first half of the year from January to June as against the sum of $2.593bn to the corresponding period of 2022. From these figures, it is apparent that a slight decrease of 0.09% was recorded in the…

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