Nigeria's Agric and Export Conference Aims to Boost Non-Oil Export Growth

The country's struggling non-oil export growth is set to be addressed at the upcoming 2025 Agric and Export Conference in Lagos, Nigeria. Scheduled for 19 August at the Eko Convention Centre, the conference aims to provide a platform for stakeholders to share knowledge and drive strategies to unlock the full potential of Nigeria's agricultural sector and non-oil export industry. With agriculture and food security minister Abubakar Kyari delivering the keynote address, the conference will feature a lineup of industry experts, including Jafar Abubakar Umar, managing director of the Bank of Agriculture, and Kabir Ibrahim, president of the All Farmers Association of Nigeria.

Key Takeaways:

  • The non-oil export sector in Nigeria has seen sluggish growth, with exports standing at around $4.82 billion in 2024, less than a ninth of oil export receipts (Nigerian Export Promotion Council).
  • Analysts say scaling up non-oil exports will require investment in processing, storage, and logistics infrastructure, alongside trade facilitation and better integration into regional markets under the African Continental Free Trade Area.
  • The 2025 Agric and Export Conference aims to provide actionable insights and innovative solutions to drive the growth of Nigeria's agricultural sector and non-oil export industry.
  • Key speakers at the conference include Abubakar Kyari, agriculture and food security minister; Jafar Abubakar Umar, managing director of the Bank of Agriculture; and Kabir Ibrahim, president of the All Farmers Association of Nigeria.

Statistics:

  • Non-oil exports in Nigeria stood at $4.82 billion in 2024 (Nigerian Export Promotion Council).
  • Oil export receipts in Nigeria are nine times higher than non-oil exports (Nigerian Export Promotion Council).
  • The 2025 Agric and Export Conference will take place on 19 August at the Eko Convention Centre in Lagos, Nigeria.

Sources:

  • Nigerian Export Promotion Council