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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 firms drive Nigeria’s $120m non-oil export haul

In April 2026, five companies accounted for nearly 30% of earnings from Nigeria's top 100 non-oil exporters, according to a report by the Central Bank of Nigeria. The report highlights the growing significance of industrial fertiliser and agro-processing in Nigeria's foreign-exchange earnings. The five leading exporters - Dangote Fertiliser, Robust International Commodities, Tulip Cocoa Processing, Valency Agro Nigeria, and Outspan Nigeria - generated $120m in earnings.

Dangote Fertiliser, a large-scale industrial producer, accounted for 14.15% of the earnings, followed by Robust International Commodities at 5.16%, Tulip Cocoa Processing at 4.03%, Valency Agro Nigeria at 3.17%, and Outspan Nigeria at 3.01%. The top five companies' combined earnings represented 29.51% of the earnings of the top 100 non-oil exporters.

Cashew nuts were the largest non-oil export product, contributing 21.25% of earnings, followed by urea at 14.15% and cocoa beans at 10.46%.

Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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