Nigeria should increase agri exports to unlock multibillion dollar potential

According to the Central Bank of Nigeria (CBN), Nigeria earned N4. 13 trillion from oil and gas exports in 2021, but some claim that Nigeria can earn double of this amount from just export of agricultural goods alone.

Confirmed export and import figures from cargo freighting from international airports in Nigeria in 2021 and part of 2022, indicated that in 2021 Nigeria imported 77, 819, 036 tons of cargo and in the same period exported 14, 190, 465 tons of cargo.

Speaking, Director, Operations at Cargolux Airlines, a freighter company and also the President of Association of Foreign Airlines Representatives in Nigeria (AFARN), Kingsley Nwokoma, said, “We potentially have so much to export, but currently we are not exporting much. We export very few farm produce, perishables, but not like Nairobi (Kenya), which exports flowers all year round to Europe and Americas. They also export potatoes to Asia, America and Europe.

Source: thisdaylive.com


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