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Olugbemi. Adeyinka Ogunleye
1 day ago
Overview
Nigeria Exports Goods Worth N1.5tn To ECOWAS In Q3
Nigeria’s exports to countries in the Economic Community of West African States reached N1.54tn in the third quarter of 2024, the National Bureau of Statistics has said. Data from the bureau also showed that Nigeria’s imports stood at just N82bn.
The report revealed that Nigeria’s main trading partner within the ECOWAS region was Ivory Coast, which imported N662.71bn worth of goods.
Togo followed with N574.93bn, and together, the two countries accounted for 97.60 per cent of Nigeria’s total exports to ECOWAS countries in Q3 2024. In terms of commodities, petroleum oils, and oils obtained from bituminous minerals were the largest exports, valued at N1,285.77bn, representing 83.45 per cent of Nigeria’s total exports to ECOWAS. The NBS report stated, “The top five exported products represent 93.19 per cent of the total exports to the ECOWAS region.
National Security & Intelligence
Credit: Tribune