Nigeria’s solid mineral exports rise N113.53 billion to N249.7 billion in H1 2026
Nigeria’s solid mineral exports rose by N113.53 billion year-on-year to N249.70 billion in the first half of 2026, reflecting a sharp increase in the value of mineral products shipped during the period. The post Nigeria’s solid mineral exports rise N113.53 billion to N249.7 billion in H1 2026 appeared first on Nairametrics .
Nigeria's solid mineral exports experienced a significant surge, rising by N113.53 billion to reach N249.70 billion in the first half of 2026, according to data released by the National Bureau of Statistics (NBS). This marked an impressive increase of 83.4% year-on-year, with exports climbing from N58.87 billion in Q1 2025 to N146.91 billion in Q2 2026.
The second quarter alone accounted for 59% of Nigeria's solid mineral exports in H1 2026, up from 41% in Q1. The increase reflects growing activity in Nigeria's mineral export trade, despite the sector still representing a small fraction of the country's overall exports. The Federal Government's efforts to formalize mining operations and boost revenue collection seem to be paying off, with Kaduna Governor Uba Sani recently announcing a $300 million investment proposal for the solid minerals industry.
In 2025, the Minister of Solid Minerals Development, Dr. Dele Alake, reported that the Federal Government collected N6.96 billion in mining fees during the first quarter alone.
Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
