NEPC Says Non-oil Exports Revenue Hit $4.82bn In 2022

The Nigerian Export Promotion Council (NEPC) says Nigeria recorded non-oil export earnings of $4.82 billion in 2022.

The executive director/chief executive officer (CEO), NEPC, Ezra Yakusak said this while presenting the 2022 non-oil export performance to journalists in Abuja on Friday.

Yakusak said the figure represented a 39.91 percent increase compared to 2021 when non-oil exports totalled $3.45 billion.

He added that the figure is based on data collated from various pre-shipment inspection agents appointed by the federal government under the Pre-shipment Inspection Act, 2004.

Yakusak said it was the best yearly result since the NEPC was established 47 years ago.

He said the latest results lend credence to the fact that various export intervention programmes initiated and implemented by the council and other sister organisations gradually yielded desirable results throughout the year under consideration.

“About 214 different products ranging from manufactured, semi-processed, solid minerals to raw agricultural products were exported in 2022,” he said.