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Exporter Rabiu Projects Bold Non-Oil Export Surge in Nigeria

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Non-Oil Export

Nigeria non-oil export growth projection as Ahmed Rabiu says Nigeria could scale exports from 15% to 80% with better business environment

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The Nigeria non-oil export growth projection was made during a business forum in Abuja where stakeholders gathered to review a new market survey outlining structural challenges and potential reforms needed to unlock the country’s export potential.

Also read: Fidelity Bank Empower Entrepreneurs To Play Big In The Non-Oil Export Market

Rabiu stated that while successive governments had introduced policies aimed at boosting non-oil exports, persistent bottlenecks in trade facilitation, infrastructure and regulatory processes had continued to limit performance.

He argued that with decisive policy implementation and improved ease of doing business, Nigeria could unlock what he described as a “trillion-dollar opportunity” across agriculture, solid minerals and value-added services.

According to him, exporters are currently operating far below capacity due to inefficiencies in the system, stressing that an improved operating environment could significantly expand production and international competitiveness.

The Nigeria non-oil export growth projection also highlighted the role of AfCFTA in opening wider continental markets, which he said could help diversify Nigeria’s revenue base and reduce dependence on oil earnings.

Rabiu further noted that Nigeria’s non-oil exports stood at $6.1 billion in 2025, up from $5.46 billion in 2024, describing the growth as positive but insufficient compared to the sector’s true potential.

Also read: Nigeria Non-Oil Export Data Rises to N3.17tn, as Data Gaps Fuel Debate

He expressed optimism that upcoming reforms could accelerate export expansion and position Nigeria as a major player in global non-oil trade if structural challenges are effectively addressed.

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Business

How EIB, AfDB and EU Are Unlocking Nigeria’s Entrepreneurial Potential

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Nigeria’s entrepreneurial potential deserves investment—and the support to turn ideas into growing businesses.

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Through Boost Africa, the European Investment Bank (EIB), together with the African Development Bank (AfDB) and with EU support, is strengthening entrepreneurship and innovation.

By supporting venture capital investment and providing technical assistance, Boost Africa helps African businesses, including those in Nigeria, access capital, expertise
and networks to grow and reach new
markets.

Meet one of the businesses behind the Boost Africa story. Hear Daya’s
co-founders, Tomiwa “Aleph” Lasebikan, and Paul Joe share the company’s journey and ambition to connect African businesses to global markets.

▶️ Watch Daya’s Boost Africa story:

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ENERGY

NISO Warns of Severe Power Supply Strain as Gas Runs Short

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 NISO power generation has fallen as gas shortages and low reservoir levels constrain thermal and hydroelectric plants, worsening supply nationwide

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Business

Boost Africa Fuels Daya’s Bold Cross-Border Ambitions

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 Boost Africa Daya highlights how investment is supporting Nigerian fintech innovation and easier cross-border payments for African businesses

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