Growth in Nigeria non-oil export hits US$2.970bn — NEPC

The Nigerian Export Promotion Council, NEPC, has disclosed that, Nigeria realised $2.970 billion from non-oil export, in 2013 a 15.9 per cent increase over $2.561 in 2012.

Disclosing this at the business meeting tagged” A New Dawn For Nigerian Export” organised by the Nigerian-British Chamber of Commerce, NBCC, the Executive Director/CEO, NEPC, Mr. Olusegun Awolowo, said Nigeria’s export is dominated by oil, but that, there has been steady growth in Non-oil export to $2.970 billion in 2013, a 15.9 per cent increase over $2.561 in 2012.

He said that non-oil export potentials have not been fully exploited despite endowed natural resources solid minerals, agriculture, adding that, some of the challenges are poor infrastructure, energy, finance, skills and capacity.

According to him, the non-oil export challenges in Nigeria are

Nigeria’s non-oil export products rise to 117 as orders hit $3.72bn

Nigeria’s non-oil exports are on the rise as official commodities exported by end of 2013 rose to 117, from 106 reported by year-end 2012, data from the Nigerian Export Promotion Council (NEPC) has shown. This indicates an addition of 11 products to the number recorded in 2012.

Similarly, the NEPC in 2013 embarked on 13 export outings with 126 companies, mostly small- and medium-scale enterprises (SMEs). Total orders generated by these companies within the period were worth $3.716 billion, immediate sales totalled