Nigeria’s export value to African countries, pushed beyond $6.99 billion in 2018, while the rest of the world totalled $45.92 billion during the same period.
The Chief Executive/Executive Director, Nigeria Export Promotion Council (NEPC), Segun Awolowo, disclosed this while speaking at the Ecobank Digital Series virtual meeting on Africa Trade Conference 2020.
He noted that with market size of 1.2 billion people, and combined gross domestic product (GDP) of $3 trillion, there is huge potential for Nigeria to increase its export to Africa.
However, he said Nigeria’s export is majorly crude oil and natural gas, which constitute 91 per cent…
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