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Tinubu Reforms Driving Surge In Non Oil Exports- TMV

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The Tinubu Media Volunteers (TMV) has attributed the sharp rise in Nigeria’s non oil export earnings in the first quarter of 2026 to the economic reforms introduced by the administration of President Bola Tinubu.

In a statement signed by its Chairman, Chukwudi Enekwechi, and Secretary, Segun Ogedengbe, the group expressed confidence that the upward trend in export performance would be sustained.

According to the statement, recent data from the Nigeria Customs Service showed strong growth in export earnings, cargo movement and revenue collection, indicating a significant improvement in Nigeria’s trade performance in Q1 2026.

TMV noted that non-oil trade recorded a major rebound during the period, with export value rising by 38.68 per cent compared to the corresponding period in 2025.

The group further stated that export logistics also improved significantly, as container throughput nearly doubled within the review period. It said exports processed stood at $925.84 million, representing a 38.68 per cent increase over Q1 2025, while total containers handled rose to 19,014 from 9,722, reflecting a 95.58 per cent increase.

TMV commended the Federal Government for reforms in port operations, customs procedures and trade facilitation measures, which it said contributed to the improved performance.
The group also linked the increase in export earnings to heightened activities in the agricultural and manufacturing sectors as Nigeria intensifies efforts to diversify its economy away from crude oil dependence.

It added that while the Q1 2026 trade performance reflected improved trade efficiency and export expansion, sustaining the momentum would require infrastructure upgrades, policy consistency and better access to export markets.

TMV also urged newly appointed ambassadors to focus on attracting foreign investment and opening export markets for Nigerian goods and services.

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