Despite 62 changes in the exchange rate of naira to dollar in the first quarter of 2025, no fewer than 10.61 billion kg (10.61 million tonnes) of non-oil cargoes valued at $24.65 billion have been exported through Nigerian port in the last six months.
The exports were processed by the Nigeria Customs Service (NCS) between October 2024 and March 2025 as 5.58 billion kg in Q4’24 and 5.03 billion kg in Q1’25 were processed respectively.
Findings revealed that in the first quarter of 2025, the service processed 8,153 export shipments (SGDs), representing a 6.4 per cent decrease from Q4’24 (8,710 SGDs) and a 24.4 per cent decline from Q1’24 (10,786 SGDs) at Lagos, Tincan Island, Onne and Rivers ports.
Read more at Newtelegraphng
The exports were processed by the Nigeria Customs Service (NCS) between October 2024 and March 2025 as 5.58 billion kg in Q4’24 and 5.03 billion kg in Q1’25 were processed respectively.
Findings revealed that in the first quarter of 2025, the service processed 8,153 export shipments (SGDs), representing a 6.4 per cent decrease from Q4’24 (8,710 SGDs) and a 24.4 per cent decline from Q1’24 (10,786 SGDs) at Lagos, Tincan Island, Onne and Rivers ports.
Read more at Newtelegraphng