Over four million tonnes of urea exports have fetched Nigerian firms $3 billion between January 2024 and April 2025, leading to huge contribution to Gross Domestic Product (GDP).
Nigeria’s exports to Brazil have increased at an annualised rate of 19 per cent over the past seven years, from $841 million in 2017 to $2.90 billion in 2024, leading to 97.2 per cent surge in revenue.
This year, 375,000 metric tonnes of the fertiliser urea have left Nigerian port to Chile, Argentina, Brazil, China and Mexico in the first three months of 2025.
Read more at Newtelegraphng
Nigeria’s exports to Brazil have increased at an annualised rate of 19 per cent over the past seven years, from $841 million in 2017 to $2.90 billion in 2024, leading to 97.2 per cent surge in revenue.
This year, 375,000 metric tonnes of the fertiliser urea have left Nigerian port to Chile, Argentina, Brazil, China and Mexico in the first three months of 2025.
Read more at Newtelegraphng