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Value of Nigeria’s 1Q Non-Oil Export stands at $1.791bn, says NEPC

The Nigeria Export Promotion Council (NEPC) says the Country’s Non-Oil Products exported in the First Quarter of 2025 were valued at $1.791bn.

Nonye Ayeni, Director-General of the NEPC said this in Abuja while presenting a First Quarter Progress Report on the Non-Oil Export Performance for the year 2025.

Ayeni said that the figure showed a 24.75 per cent increase above the $1.436bn reported in the First Quarter of 2024.

She said that the Volume also increased to 2.416 million metric tonnes which was an increase of 243.44 per cent from 1.937 million Metric tons recorded in the First Quarter of 2024

“In the First Quarter of 2025, a total of 197 distinct Products were exported.

“This figure reflects an increase when compared to the 162 Products recorded in the First Quarter of 2024.

“These Products range from Manufactured and Semi-Processed Goods to Industrial Extracts and Agricultural Commodities,” she said.

Ayeni recalled that in January, the NEPC reported the Highest Value of Non-Oil Export since 49 years of its establishment.

According her, this is with a Year-on-Year Increase of 20.77 per cent from $4.517bn in 2023 to $5.456bn in 2024.

She said that out of the top 20 Leading Export Companies, Indorama Eleme Fertiliser and Chemical Limited and Starlink Global and Ideal Limited, maintained their Position as first and second.

She said that the two Companies recorded 12.07 per cent and 10.00 per cent respectively.

According to her, this is attributed to their notable Export Values of Fertiliser and Cocoa Products.

The Director-General said that of the top-20 Products exported in the First quarter of 2025, Cocoa and its derivatives including Cocoa Butter, Cocoa lLiquor, Cocoa Cake came first.

Ayeni said that Urea, cashew Nut, Sesame Seed, Gold Dore, Cocoa Butter, Aluminium Ingots, Copper Ingot, Soya Beans/Meal, Rubber were the top of the list.

According to her, this is based on Information by Pre-Shipment Inspection Agents (PIAs).

She said that the top Commodity in terms of Total Non-Oil Export, accounting for 45.02 per cent was Cocoa Beans.

She said that Urea/Fertiliser held second position at 19.32 per cent while Cashew Nuts came third with 5.81 per cent of the Total Exported Products.

“The Council is working with the Ministry of Industry, Trade and Investment and other Stakeholders toward increasing the Volume and Value of Non-Oil Exports.

The efforts are aligned with President Bola Tinubu’s Renewed Hope Agenda,” she said.

She also said that 10 Member Countries of ECOWAS actively engaged in importing Nigerian Products throughout the First Quarter of 2025.

“These Exports, amounting to $63.060m, constituted 3.52 per cent of the Total Export Value.

“This is also a significant increase of 223.10 per cent when compared to the recorded figure of $19.517m for the First Quarter of the year 2024.

“Nigeria also exported to other African Countries in the First Quarter of 2025.

“The Value of these Exports, totaling $32.732m, represented 1.83 per cent of the Total Export Value,” Ayeni said.

She said that the Non-Oil Exports were increasing, adding that all Stakeholders are taking advantage of the Potentials and Opportunities inherent in the Sector.

Credit NAN: Texts excluding Headline

Value of Nigeria’s 1Q Non-Oil Export stands at $1.791bn, says NEPC
Economy
29-Apr-2025

Nigeria okays Amendments to 8 Codes of Maritime Labour Convention 2006

Nigeria has endorsed the Amendments to eight (8) Codes of the Maritime Labour Convention (MLC) 2006. The Amendments include the Codes related to the protection of Seafarers against discrimination, identification of Seafarers as Key Workers, enhanced access to Shore Based Welfare for Seafarers, and the Code on Shipboard violence, harassment and bullying, Accommodation and Recreational Facilities Onboard.

A Statement issued by Head, Public Relations of Nigerian Maritime Administration and Safety Agency, NIMASA, says Minister of Marine and Blue Economy, Adegboyega Oyetola, who led Nigeria’s Delegation to the 5th ILO Special Tripartite Committee Meeting in Geneva, Switzerland, emphasised Nigeria’s commitment to the Welfare, Rights, and Protection of Seafarers. 

The Minister, who was represented by the Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dayo Mobereola, commended the International Labour Organisation (ILO) for fostering Dialogue on Maritime Labour Standards. 

The NIMASA DG reiterated Nigeria’s dedication to ensuring decent Working and Living Conditions for Seafarers, noting the recently approved Minimum Wage in line with ILO Standards. 

Mobereola also used the Platform to reinforce Nigeria’s bid for Election to Category C of the International Maritime Organisation (IMO) Council during the upcoming Elections scheduled for November/ December this year. He stated that Nigeria’s inclusion in the Council would strengthen Africa’s Representation and Voice in shaping International Maritime Policies that promote Fair Labour Practices, Environmental Sustainability, and Technical Cooperation.

The Special Tripartite Committee comprises Representatives from Countries that have ratified the MLC 2006, and mostly from Maritime Administrations who also attend IMO Meetings. This is the very first time Nigeria is widening the Scope of its Campaign to engage strategically with relevant International Agencies.

Credit NIMASA PR

Nigeria okays Amendments to 8 Codes of Maritime Labour Convention 2006
Economy
29-Apr-2025

Defection of Oborevwori, Delta PDP Members to APC, a Political Tsunami, says Tinubu

President Bola Tinubu has described the mass movement of Governor Sheriff Oborevwori and the entire Delta Chapter of the People Democratic Party (PDP) to the Ruling All Progressives Congress (APC) as a Political tsunami.
The President made the Observation in Asaba, Delta Capital at a Formal Ceremony organised to receive Governor Sheriff Oborevwori and other PDP Stalwarts to the APC on Monday.
Represented by Vice President, Kassim Shettima, the President said that no Testimony could be greater than such a Political Movement from one Political Party to another in the History of Nigeria than what happend today.
According to Tinubu, today’s movement is a Political Tsunami of unimaginable proportion that has never happened in the South South Subregion and in the History of Nigeria.
“A Tsunami of this proportion has never happened before , for all the members of the National Assembly, the Speaker and Members of the State House of Assembly, the Governor, his Cabinet, 25 Local Government Council Chairmen, 500 Councillors are now Members of the APC,” he said.
He said that there was no other Testimony than what had happened today which has vindicated the APC from those Armchair Critics of the Party.
 Tinubu said that today was a Historic day to celebrate the enduring Promises of the APC and a Tribute to the courage and the foresight of those that have taken a stand with the APC to build a better Country for all.
He paid a Special Tribute to the immediate past Governor Ifeanyi Okowa for the Relationship that existed between him and Governor Sheriff Oborevwori, while describing Okawa as a great Leader.
According to him, the Party accepts that differences are inevitable and that greatness lies in managing their differences.
“Our  Tables have always been Tables of Dialogue this is why every Member no matter how great or small is welcome to air their grievances.
”Your Excellencies, Governor Sheriff Oborevwori and former Governor Ifeanyi Okowa and other great Men and Women, we welcome you to the APC today.
“You are not just in this House, you are now Co-Owners, according to the APC Constitution, the Governor of the State is the Leader of the Party.
”The APC is not only stronger today, it is better because you have come with new ways of thinking, new mirror though which we can reflect on our Journey.
“We welcome you not as Defectors, but as Brothers and Sisters who have their right path. We welcome you as a Family and fellow Architect of a better Nigeria,” Tinubu said.
For his part, APC National Chairman, Abdullahi Ganduje, lauded Governor Oborevwori and others for their Decision to defect to the Ruling Party.
He described the Occasion as Historic and thanked President Tinubu for providing a good Leadership in the Country that had aided other Parties to join the APC.
While handing over the APC flag to Governor Oborevwori, Ganduje assured him of all support by the Presidency, all the Progressive Governors and the Party.
Earlier, Governor Hope Uzodimma of Imo, said that with the movement of Delta PDP to the APC, the Governor and the People of Delta have made the right decision to deepen Development in the State by aligning with the Government at the Centre.
He acknowledged that Oborevwori has worked to build Infrastructure in the State because he has a progressive mind like the APC Governors.
According to Uzodimma, Oborevwori now the 22 APC Governor will always get the support of the other 21 Governors of the APC in the Country.
Speaking, the immediate past Governor Okowa, said that the decision to move to the APC was collective and the right thing to do.
According to Okowa, the state has outlived its stay in the PDP and it is time to move forward to a better Platform which is the APC to benefit from the Gains from the Government at the Centre rather than remain as Opposition.
In his Acceptance Speech, Oborevwori said what happened was not a defection but a movement from the PDP to the APC.
He noted that remaining in Opposition has never benefited the State ever since, adding that the Movement was a Collective Decision of all from the National Assembly, down to the LGAs and Ward Levels.
According to Oborevwori, the President has been magnanimous to the State and the only way to reciprocate is to become a Family rather than Opposition.
The Governor pledged to galvanise the Party in the State as a Leader and to work with All and Sundry to Success, adding that today’s Movement was a Statement that other Opposition States would emulate.
The Reports that the Carnival like Ceremony, had the  following Dignitaries in attendance; APC National Chairman, QAbdullahi Ganduje and National Leaders of the party,  16 APC Governors.
Also, Delta Deputy Governor Monday Onyeme, State APC Chairman,  Omeni Sobotie, former Senate Deputy President, Ovie Omo-Agege, Ned Nwoko, Godsday Orubebe, Great Ogboru, and Victor Ochie, former Delta Speaker.
Other are former Reps, dudi Elumelu, Uche Ekuwniefe, DG South East Forum, Festus Keyamo, Minister of Aviation, among other Dignitaries graced the Event.

Credit NAN: Texts excluding Headline

Defection of Oborevwori, Delta PDP Members to APC, a Political Tsunami, says Tinubu
Politics
28-Apr-2025