The Tinubu Media Volunteers (TMV) has attributed the 38.68 per cent increase in Nigeria’s non-oil export earnings in the first quarter of 2026 to the economic reforms introduced by the administration of President Bola Tinubu.
In a statement signed by its Chairman, Chukwudi Enekwechi, and Secretary, Segun Ogedengbe, the group expressed optimism that the upward trend in export performance would be sustained in the coming months.
According to the group, the diversification agenda of the Federal Government is beginning to yield tangible results, particularly in the non-oil sector.
TMV noted that recent data from the Nigeria Customs Service showed strong growth in export earnings, cargo movement and revenue collections, describing it as evidence of improved trade performance in the country.
“For us, it is a welcome development that the diversification of the economy as envisaged by the federal government is now driving the significant growth being witnessed in the non-oil export earnings,” the statement said.
The group stated that export value rose to $925.84 million in the first quarter of 2026, representing a 38.68 per cent increase compared to the corresponding period in 2025.
It also highlighted improvements in export logistics, noting that container throughput almost doubled within the period under review. According to TMV, the total number of containers handled increased from 9,722 in Q1 2025 to 19,014 in Q1 2026, indicating a 95.58 per cent increase.
The group applauded the Federal Government for reforms in port operations, customs procedures and trade facilitation measures, which it said had contributed significantly to the improved performance.
TMV further linked the rise in export earnings to increased activities in the agricultural and manufacturing sectors as Nigeria intensifies efforts to diversify its economy away from dependence on crude oil.
The group, however, stressed the need for sustained investment in infrastructure, policy consistency and improved access to international markets to maintain the momentum.
It also urged newly appointed Nigerian ambassadors to prioritise attracting foreign investors and opening export markets for Nigerian goods and services abroad.
