
Nigeria's Economy Soars with $12.8B in Non-Oil Exports and Historic Trade Surplus
Nigeria is celebrating a remarkable economic milestone with a N12 trillion trade surplus and an impressive 21% growth in non-oil exports, reaching $12.8 billion in the first half of 2025. The achievement signals a successful diversification strategy that's creating thousands of jobs and opening new opportunities across multiple sectors.
Nigeria is writing an inspiring new chapter in its economic story, with remarkable achievements that showcase the country's successful shift toward a more diversified and resilient economy. The nation recorded an impressive N12 trillion trade surplus in the first half of 2025, accompanied by a stunning 21 percent growth in non-oil exports that reached $12.8 billion—nearly double the initial target of $6.5 billion.
This extraordinary performance represents more than just numbers on a balance sheet. It reflects the hard work of thousands of Nigerian entrepreneurs, farmers, and business leaders who are proving that the country's economic future extends far beyond oil. The Federal Ministry of Industry, Trade and Investment has championed a comprehensive reform program that is transforming policy into tangible results, creating opportunities for citizens across every sector.
The diversity of Nigeria's export success tells an encouraging story of the nation's rich resources and entrepreneurial spirit. Leading the charge are cocoa and cocoa derivatives, sesame seeds, cashew nuts, shea butter, ginger, and hibiscus flower—products that connect Nigerian farmers directly to international markets. These agricultural exports are joined by rubber, palm oil derivatives, fertilizers, cement, and liquefied natural gas, demonstrating the breadth of Nigeria's productive capacity.
Behind these impressive figures lies a massive investment in people. The partnership with the Nigerian Export Promotion Council has already trained an remarkable 27,352 exporters, equipping them with the skills and knowledge needed to compete on the global stage. Additionally, 200 small and medium enterprises have received international trade certification, while 3,047 farmers have been supported with hybrid seedlings to boost their productivity and quality.

Particularly heartening is the success of the Women Export Fund, which is breaking down barriers and creating pathways for women entrepreneurs. The program attracted over 67,000 applications—a testament to the hunger for opportunity among Nigerian women—and awarded grants to 146 women-led enterprises. These grants are not just financial support; they represent dreams being realized and families being uplifted.
Nigeria's Special Economic Zones are emerging as powerful engines of growth and opportunity, generating over $500 million in export revenues while creating more than 20,000 direct jobs. These zones are becoming hubs of innovation and productivity, where Nigerian workers are gaining valuable skills and building careers in export-oriented industries.
The investment climate is also brightening considerably. Four priority investment projects valued at $13.7 billion have advanced to later stages, demonstrating growing confidence in Nigeria's economic direction. The ministry has built a robust investment pipeline exceeding $5 billion across priority sectors, using strategic engagement to convert interest into concrete projects.
This transformation didn't happen by accident. It reflects deliberate policy reforms, improved export processes, and enhanced collaboration between government agencies, private sector partners, and development organizations. The overall trade value rose by 14 percent, supported by growing value addition across key non-oil sectors.
As Nigeria continues this positive trajectory into 2026, the foundation has been laid for sustained growth that benefits everyday Nigerians. From farmers in rural communities to women entrepreneurs in urban centers, the diversification of Nigeria's economy is creating a more inclusive prosperity. This is the Nigeria that citizens can be proud of—innovative, resilient, and full of potential.
Based on reporting by Vanguard Nigeria
This story was written by BrightWire based on verified news reports.
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