Nigeria: Non-Oil Exports As Fulcrum of Sustainable, Diversified Economy

Nigeria: Non-Oil Exports As Fulcrum of Sustainable, Diversified Economy

James Emejo writes that federal government must sustain the current growth momentum in the non-oil sector which has contributed to stabilising the macroeconomy in recent times

Non-Oil Exports Emerge as Nigeria’s New FX Engine – NOA - TV360 Nigeria

The National Orientation Agency (NOA) has described Nigeria’s non-oil export sector as the country’s new driving force for foreign exchange (FX) earnings, citing recent performance data that signal a significant shift from the long-standing reliance on crude oil. In a fresh editorial published in The Explainer, the agency’s weekly bulletin, the NOA said the turnaround in non-oil revenue reflects a broader transformation in Nigeria’s economic str…

Non-Oil Exports Close Gap With Crude Oil As Nigeria Diversifies FX Sources

Nigeria’s non-oil export earnings are approaching parity with crude oil revenue for the first time in decades, according to the National Orientation Agency (NOA). The development underscores the country’s diversification efforts as foreign exchange inflows from agricultural and manufactured goods continue to grow. Data from the Nigerian Export Promotion Council (NEPC) showed that in the […] The post Non-Oil Exports Close Gap with Crude Oil as Ni…