The Tinubu Media Volunteers (TMV) have described the astronomical increase in the country’s non-oil exports as a direct result of President Bola Tinubu’s administration’s proactive economic policies.
In a statement signed by its Chairman, Chukwudi Enekwechi, and Secretary, Segun Ogedengbe, the group pointed out that the nearly 20% increase in export figures in the first half of 2025 was unprecedented in recent years.
It said: “We note with joy that the Nigerian Export Promotion Council (NEPC) has announced that the country’s exports rose by 19.5% in the first half of 2025, with an export volume of $3.22 billion as against $2.69 billion in the same period last year.
”We are glad to note that the increase in the country’s export volume has the potential to raise the country’s revenues.
”The implication is that the federal government has put the right policies in place and it bodes well for the country’s economy.
”Furthermore, we acknowledge that the federal government has provided the enabling environment for good agricultural practices, good warehousing practices, good manufacturing practices, packaging and labelling among other measures.
”It is also noted that some of the products being exported are fertiliser and cocoa products, as well as agricultural commodities, extractive industries and manufactured products, as well as semi-processed products.
”The federal government has also improved export intervention programmes such as capacity building on quality and standards, packaging and labelling, export documentation and certification which have led to the acceptability of Nigerian exports by foreign countries.
”We also wish to state that several factors have contributed to the increase in Nigerian exports, among them a wider market access and tariff reliefs provided under the African Continental Free Trade Area (ACFTA) agreement.
”In addition, the improvement in exports can be traced to the value-added exports as more Nigerian exporters are now adopting value-added practices as well as growing demands from emerging economies like India, Brazil, Vietnam and some other countries.
”Another contributing factor is Nigeria’s active participation in the AfCFTA which translates into a testament to the significant opportunities it offers to the exporting companies.”
The group also applauded the various policies of the Tinubu administration towards enhancing the export capacity of Nigerian companies.
