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Nigeria’s non-oil exports rise to $1.79bn in Q1 2025 – NEPC
News

Nigeria’s raw materials exports rise despite value addition policy

Despite the federal government’s efforts to mandate value addition before export, the value of raw materials exported from Nigeria rose drastically by 159 per cent year-on-year to N1.87 trillion in the first half of 2025. This increase is also reflected in the quarter-on-quarter comparison, with a 67.8 per cent rise from N1.11 trillion in the […]

Business

RMRDC urges 60% reduction in imported raw materials

Nigeria must cut its reliance on foreign raw materials by at least 60 per cent within the next five years to reclaim its place as an industrial leader, says Professor Nnanyelugo Ike-Muonso, Director General of the Raw Materials Research and Development Council. Speaking at the 2025 Nigerian Manufacturing & Equipment/Nigerian Raw Materials Expo in Lagos, […]