Five firms drive Nigeria’s $120m non-oil export haul
Discover how Dangote Fertiliser and four other companies are leading Nigeria’s non-oil export growth, contributing $120m to the nation’s earnings. Read More: https://punchng.com/five-firms-drive-nigerias-120m-non-oil-export-haul/
Five companies accounted for nearly 30 percent of the earnings from Nigeria's top 100 non-oil exporters, according to a Central Bank of Nigeria report published in April 2026. Dangote Fertiliser and four additional firms—Robust International Commodities, Tulip Cocoa Processing, Valency Agro Nigeria, and Outspan Nigeria—led this performance, generating $120 million in earnings.
The report highlighted the growing influence of industrial fertilisers and agro-processing in Nigeria's foreign exchange earnings, driven by rising global commodity prices and increased shipments of cashew nuts and fertilisers. Cashew nuts constituted the largest non-oil export product at 21.25 percent of earnings, followed by urea (14.15 percent) and cocoa beans (10.46 percent).
These five companies earned $120 million, representing 29.51 percent of the total earnings of the top 100 non-oil exporters.
Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
