• Home
  • News
    • National News
    • State News
  • Business
  • Features
    • Insight
    • Opinion
  • FAAC
  • Financial
    • Facts & Figures
    • Monetary
    • Tax Matters
  • Sidelines
  • Profile
  • Special Focus
Sign in
Welcome!Log into your account
Forgot your password?
Password recovery
Recover your password
Search
Thursday, June 8, 2023
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
Economic Confidential
  • Home
  • News
    • AllNational NewsState News

      Imam Shuaib Agaka’s Maiden Islamic Quiz Competition Ends, Winners Get Prizes

      President Bola Ahmed Tinubu and wife, Oluremu Tinubu

      48 Hours After Assuming Office, Tinubu Yet to Make Official Appointments

      Founder of FCMB, Late Chief Olasubomi Balogun

      FCMB Founder, Subomi Balogun, is Dead

      VP Elect, Kashim Shettima Inspecting a School in 2017

      VP-Elect Shettima Inspecting School Project, Not Meeting with Bandits in Video,…

  • Business
    • DG SEC, Dr. Lamido Yuguda

      Commodities Export Will Grow Nigeria’s Economy – SEC

      Central Bank of Nigeria, CBN

      CBN Takes E-Naira To Kano Varsity For Payment Of Tuition, Others

      Petrol, Fuel, Oil Marketers

      Subsidy Removal Has Doubled Depot Petrol Price – Marketers

      Nigeria Air

      Reps Question Nigeria Air Launch, Declare it a Fraud

      Aviation Fuel

      Jet Fuel, Cooking Gas Prices Crash in Abuja, Lagos

  • Features
    • AllInsightOpinion
      NAHCON Group Photo

      Hajj 2023: NAHCON’s Strategic Media Engagement for Responsible Reporting, by Abdulrahman…

      A Woman in Niqaab

      Why Niqab Shouldn’t be an Issue at BUK By Abdulhamid Sakina…

      Imam Shuaib Agaka’s Maiden Islamic Quiz Competition Ends, Winners Get Prizes

      Omojo Wada

      Rising Unemployment and Inflation: The Fallout of Nigeria’s Subsidy Removal, by…

  • FAAC
    • FAAC

      Akwa Ibom, Rivers, Delta Lead As States Share N9.3trn In Three…

      FAAC

      FAAC: FG, States, LGAs Share N722.677 for February

      FAAC

      Kano, Lagos, Get Massive Share As LGs Share N2trn

      FAAC

      FG, States, LGCs Share N990.189bn In Dec 2022

      FAAC

      FAAC Shares 902.053 billion for November

  • Financial
    • AllFacts & FiguresMonetaryTax Matters
      National Bureau of Statistics, NBS

      Nigeria Records N931.1bn Trade Surplus In Q1, 2023

      Gas Flaring

      In Four Months, Nigeria Loses N150bn To Gas Flaring

      The World Bank

      Nigeria’s Economic Growth Too Slow To Reduce Poverty – World Bank

      TAX

      AU: Nigeria, Others Target $220b Revenue from Taxes

  • Sidelines
    • Saliu Mustapha

      Visit Kwara: Saliu Mustapha Pens Foreward For New Book Spotlighting Kwara…

      Apple Data Breach: Marketing Strategy or Security Issue

      Dangote-BUA Sugar Scarcity Feud

      Google: Expanding 2-Step Verification Enrollment

      SAEMA Awards 2021: Submit Nominees for Security and Emergency Management Awards

  • Profile
    • PHOTOS: PRNigeria Ladies Bag Double 2023 SABRE African PR Awards in…

      Yusuf Alli @60: Unveiling an Investigative Journalist Par Excellence

      Pantami’s grand exposés on Cybersecurity and the Datafication of Society

      The Inimitable Kongi at 88

      The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo

      Adeniyi Adebayo: Unsung, Silent Strides in Economic Diversification

  • Special Focus
    • imported Foreign Rice

      REVEALED: How Illicit Rice Importation is Threatening FG’s Agricultural Sector Interventions

      An abandoned mining site in the Barkin Ladi area of Plateau state

      Abandoned mines: A Danger to Communities Across Nigeria

      Maraba Takushara Community

      SPECIAL REPORT: Maraba Takushara, an FCT Community Under Siege… So Close…

      Yahaya Bello’s Health Initiatives: Building Nigeria of his Dreams in Kogi

      Model Science Secondary School: Yahaya Bello’s Gift to Future Generations

Home Business In Six Months, Nigeria’s Non-Oil Sector Jumps 64.2% to $2.59bn
  • Business

In Six Months, Nigeria’s Non-Oil Sector Jumps 64.2% to $2.59bn

By
Economic Confidential
-
October 7, 2022
FIRS

In Six Months, Nigeria’s Non-Oil Sector Jumps 64.2% to $2.59bn

The Nigerian Export Promotion Council (NEPC) has disclosed that the non-oil sector contributed over $2 billion to the economy in the first six months of the year 2022.
This was disclosed by the Managing Director and Chief Executive Officer (CEO) of the commission, Mr Ezra Yakusak. He noted that the various non-oil products exported within the period stood at $2.593 billion against the $1.597 billion recorded in the first six months of the year 2021, representing a 64.2 per cent increase.

The NEPC Chief was represented by the Trade Promotion Adviser, Kebbi State office, Mr Muhammad Siraju Dan-Alkali, during a workshop for members of the National Onion Producers, Processors and Marketers of Nigeria (NOPPMAN) in Sokoto State.
He said the 2021 figure was also an increase to the first six months of 2020, which was $981.442 million.
According to him, the impressive non-oil export performance can be attributed to NEPC’s new focus on strategic non-oil export programmes and initiatives such as grassroots export development.
While describing Nigeria’s economy as one that has been oil-dependent for several decades, he said the uncertainties in the crude oil market had caused serious contractions in government revenue from oil with great consequences.
The NEPC also donated 30,000 customised sacks to NOPPMAN in Sokoto State.
Delivering the customised sacks on behalf of the council, the Trade Promotion Adviser, Sokoto Zonal office, Mr Ahmed Yahaya, said the gesture was aimed at encouraging the association on how to package their onions for exportation.
He said with the items, Nigerian onions will be easily identified and distinguished from other countries’ products in the global market.
Mr Yahaya further said since the opening of the Sokoto office, the interest of onion producers and marketers has always been a priority.
While calling on the group to work with NEPC to take the country to the rightful position in the onion global market, Mr Yahaya reiterated that Nigerian onions are still the best in the country. He called on marketers to use a special package for easy identification of their products in the global market.

guest post search engine

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Related

PRNigeria.com
EconomicConfidential.com
PRNigeria.com/Hausa
EmergencyDigest.com
PoliticsDigest.ng
TechDigest.ng
HealthDigest.ng
SpokesPersonsdigest.com
TeensDigest.ng
ArewaAgenda.com
Hausa.ArewaAgenda.com
YAShuaib.com
  • TAGS
  • adipiscing
  • Mr Ezra Yakusak
  • NEPC
  • Oil Sector
Previous articleMAN Faults Government Policies for Declining Manufacturing Growth
Next articleNaira Sells N436.63/$1 at Spot Market, N731/$1 at Black Market
Economic Confidential

RELATED ARTICLESMORE FROM AUTHOR

DG SEC, Dr. Lamido Yuguda
Business

Commodities Export Will Grow Nigeria’s Economy – SEC

Central Bank of Nigeria, CBN
Business

CBN Takes E-Naira To Kano Varsity For Payment Of Tuition, Others

Petrol, Fuel, Oil Marketers
Business

Subsidy Removal Has Doubled Depot Petrol Price – Marketers

Nigeria Air
Business

Reps Question Nigeria Air Launch, Declare it a Fraud

Aviation Fuel
Business

Jet Fuel, Cooking Gas Prices Crash in Abuja, Lagos

Inflation Rise, Inflation
Business

Naira Depreciation, Inflation Affect N13.72tn Workers’ Salary – Report

SEMA

Book on Sales: Boko Haram Media War: An Encounter with the Spymaster

boko haram

Click Here: To Order Now!

PRNigeria FEEDS

Loading RSS Feed

EDITOR PICKS

NAHCON Group Photo

Hajj 2023: NAHCON’s Strategic Media Engagement for Responsible Reporting, by Abdulrahman...

Opinion June 7, 2023
Nigeria Air

Group Faults House Committee Chairman On Aviation on Nigeria Air

Editors Pick June 7, 2023
A Woman in Niqaab

Why Niqab Shouldn’t be an Issue at BUK By Abdulhamid Sakina...

Opinion June 7, 2023

POPULAR POSTS

Nigerian Maritime

FG Loses $1bn Annually In Maritime Sector

Monetary May 19, 2020

Ajaokuta Steel Company Gets N4.3bn for Revival

Business January 9, 2017
MTN Office

MTN Nigeria Opens Offer Of N100bn Commercial Paper Issuance

Business May 29, 2020

POPULAR CATEGORY

  • Business10406
  • Monetary2816
  • Financial2471
  • Featured Post2211
  • National News1888
  • News1856
  • Editors Pick1726
  • Opinion1122
  • Features710
ABOUT US
Economic Confidential is the Abuja based Nigerian News Magazine. Economic Confidential Magazine is Factual, Authoritative and Accessible.
Contact us: editor@economicconfidential.com
FOLLOW US
© 2017 Economic Confidential . All Rights Reserved.
X whatsapp