• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, October 1, 2023
Leadership News
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sports
    • Betting
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • 2023 Elections
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sports
    • Betting
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • 2023 Elections
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership News
No Result
View All Result
ADVERTISEMENT

Agric Export Rises By 39% In Q1

by Adegwu John
4 months ago
in Business
Reading Time: 1 min read
Share on WhatsAppShare on FacebookShare on TwitterTelegram

 

Nigeria’s agric export increased by  39 per cent in the first quarter of 2023, according to the National Bureau of Statistics (NBS).

The exported agro-products were worth N279.64 billion in the first three months of the year as against N201.59 billion recorded in the corresponding period of 2022.

On a quarter-on-quarter basis, the country’s export grew 63.9 percent compared to N170.59 billion worth of exports in the previous quarter (Q4 2022).

According to the report, the sector accounted for 4.3 per cent of the country’s total export (N6,487.04 billion) for the period.

The cash crunch that engulfed the entire nation in the first quarter caused the sector to contract for the first time in the democratic era.

RELATED

Hope Rises For Moribund Aba Glass Industry

Akinwuntan, Others To Speak At CBU Entrepreneurship Devt Summit

21 hours ago
Equities Investors Lose N91bn  In September

Equities Investors Lose N91bn In September

21 hours ago

‘Women In Tech Nigeria 2023’ Makeathon Impacts 1,500 Women

21 hours ago
Air Peace Begins Direct Flight To Israel, Mulls Jeddah, Medina

Air Peace Mulls Discounted Fare For Military Officers

21 hours ago

NBS attributed the reduction in growth to the adverse effects of the cash crunch experienced during the quarter.

Experts say the country has continued to expand its ability to earn foreign returns from agricultural exports amid the country’s dwindling oil revenue.

Similarly, the value of imports of agricultural goods in Q1 2023 stood at N471.39 billion, indicating an increase of 5.97 percent and 6.32 per cent when compared to the value recorded in the Q4 of 2022 (N444.82 billion) and the corresponding quarter of 2022 (N443.36 billion) respectively.

Cocoa beans, sesame seeds, and cashew nuts topped the list of exported agricultural commodities, earning Nigeria N197.55 billion for the period.

SendShareTweetShare
HOW CHINESE DOCTOR RECOMMEND THIS MAGIC DRUGS THAT HELP WOMEN PREVENT AND TREAT BREAST CANCER AND ALSO HELP MEN PREVENT AND CURE PROSTATE ISSUE PERMANENTLY
ADVERTISEMENT
Previous Post

Commodities Export Will Grow Economy –SEC

Next Post

Appoint Agediga As Commissioner, Delta Community Leader Urges Gov Oborevwori

YOU MAY LIKE

Hope Rises For Moribund Aba Glass Industry
Business

Akinwuntan, Others To Speak At CBU Entrepreneurship Devt Summit

21 hours ago
Equities Investors Lose N91bn  In September
Business

Equities Investors Lose N91bn In September

21 hours ago
Business

‘Women In Tech Nigeria 2023’ Makeathon Impacts 1,500 Women

21 hours ago
Air Peace Begins Direct Flight To Israel, Mulls Jeddah, Medina
Business

Air Peace Mulls Discounted Fare For Military Officers

21 hours ago
Next Post
Appoint Agediga As Commissioner, Delta Community Leader Urges Gov Oborevwori

Appoint Agediga As Commissioner, Delta Community Leader Urges Gov Oborevwori

TRENDING

  • UK Releases New Entry Requirement

    UK Releases New Entry Requirement

    0 shares
    Share 0 Tweet 0
  • Meet 8 Artistes Signed By Marlian Records

    0 shares
    Share 0 Tweet 0
  • Mohbad: I Will Send You Back To Prison , Iyabo Ojo Threatens Kemi Olunloyo

    0 shares
    Share 0 Tweet 0
  • Air Peace Mulls Discounted Fare For Serving, Retired Military Officers

    0 shares
    Share 0 Tweet 0
  • Over 3m MSMEs To Benefit As Nigeria Launches FG/ALAT Skillnovation Program

    0 shares
    Share 0 Tweet 0

RECENT UPDATE

Delta Wins 7th National Youth Games
Sports

Delta Wins 7th National Youth Games

by Felix Igbekoyi
42 mins ago

Read more
Fun, Excitement As KCCN Holds 3rd Ssireum Exhibition Tournament In Abuja
Sports

Fun, Excitement As KCCN Holds 3rd Ssireum Exhibition Tournament In Abuja

by Salifu Usman
42 mins ago

Read more
Et Tu, Ireland?
Backpage

Et Tu, Ireland?

by Wole Olaoye
47 mins ago

Read more

© 2023 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sports
    • Betting
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • 2023 Elections
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2023 Leadership Media Group - All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In