19.5% growth in Non-Oil Exports Validates FG’s Economic Direction, says TMV

The Tinubu Media Volunteers (TMV) have attributed the significant rise in Nigeria’s non-oil exports to the proactive economic policies of President Bola Tinubu’s administration.

 

In a statement jointly signed by its Chairman, Chukwudi Enekwechi, and Secretary, Segun Ogedengbe, the group noted that the nearly 20 percent increase in export figures recorded in the first half of 2025 was unprecedented in recent years.

 

According to data released by the Nigerian Export Promotion Council (NEPC), Nigeria’s exports rose by 19.5 percent in the first half of 2025, reaching $3.22 billion compared to $2.69 billion in the same period of 2024. TMV described this as a clear indication that the federal government’s policy direction is yielding positive results.

 

“The increase in the country’s export volume has the potential to raise national revenue, and it demonstrates that the federal government has put the right policies in place to strengthen the economy,” the statement read.

 

The group highlighted federal government initiatives that have contributed to the growth, including support for good agricultural, warehousing, and manufacturing practices, as well as packaging and labelling improvements. It also pointed to enhanced export intervention programmes covering quality standards, documentation, and certification, which have boosted the acceptability of Nigerian goods abroad.

 

TMV further noted that export growth has been aided by wider market access and tariff reliefs under the African Continental Free Trade Area (AfCFTA) agreement, alongside rising demand from emerging economies such as India, Brazil, and Vietnam.

 

The group applauded the Tinubu administration for its consistent policies geared towards strengthening the export capacity of Nigerian companies.

 

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