ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Economy

Nigeria’s Special Economic Zones Generate Over $500m Export Revenue, Create 20,000 Jobs in 2025

Victoria Emeto by Victoria Emeto
January 9, 2026
in Economy
0
Nigeria’s Special Economic Zones Generate Over $500m Export Revenue, Create 20,000 Jobs in 2025

The Federal Government has disclosed that Nigeria’s Special Economic Zones (SEZs) generated more than $500 million in export revenues and created over 20,000 direct jobs in 2025, reinforcing their role in driving export-led growth, industrialisation and employment.

The figures were contained in an official document reviewing the activities of the Federal Ministry of Industry, Trade and Investment, titled “2025: A Defining Year for Nigeria’s Industry, Trade and Investment.”

According to the document, the export earnings were recorded through activities coordinated by the Nigerian Export Processing Zones Authority (NEPZA) and the Oil and Gas Free Zones Authority (OGFZA) as part of reforms implemented under President Bola Tinubu’s administration.

“Nigeria’s Special Economic Zones generated over $500m in export revenues and created more than 20,000 direct jobs, reinforcing their role as engines of export-led growth, industrialisation, and employment generation,” the ministry stated.

The ministry noted that 2025 marked a defining phase in Nigeria’s economic repositioning, with reforms that expanded industrial capacity, boosted exports and restored investor confidence. It explained that the progress recorded was the result of coordinated reforms across investment attraction, trade expansion, export diversification and institutional strengthening, supported by collaboration between government agencies, the private sector and development partners.

Beyond the performance of the SEZs, the ministry reported strong gains in non-oil exports, which rose by 21 per cent to $12.8 billion in the first half of 2025, almost double the $6.5 billion target. This growth contributed to a ₦12 trillion trade surplus during the period, while total trade value expanded by 14 per cent, driven by trade facilitation reforms and improved logistics.

“This performance reflects the cumulative impact of targeted trade reforms, improved export processes, and increased value addition across key sectors,” the ministry said.

Nigeria’s leading non-oil export products during the period included cocoa and cocoa derivatives, sesame seeds, cashew nuts, shea butter, ginger, hibiscus flowers, rubber, palm oil derivatives, fertilisers, cement and liquefied natural gas.

The ministry also highlighted capacity-building initiatives, noting that in partnership with the Nigerian Export Promotion Council, it trained 27,352 exporters, certified 200 micro, small and medium enterprises for international trade, and supported 3,047 farmers with hybrid seedlings.

On inclusive trade, the Women Export Fund reportedly attracted more than 67,000 applications, with grants awarded to 146 women-led enterprises.

In terms of investment attraction, the ministry said Nigeria recorded a turnaround in 2025, with four priority projects valued at $13.7 billion advancing from signed Memoranda of Understanding worth $50.8 billion.

The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, led high-level bilateral engagements and trade missions to key economies, which the ministry said helped reshape investor perceptions and deepen investment pipelines.

“These engagements have delivered tangible gains, enhancing investor confidence, improving deal flow quality, and positioning Nigeria as a credible, reform-driven destination for long-term capital,” the document noted.

The ministry added that the Federal Government plans to build on the 2025 outcomes in 2026, with a focus on execution, export acceleration and sustained investment to drive job creation and shared prosperity.

Tags: #EconomicGrowth#NigeriaExports#NonOilExports#SpecialEconomicZones
Previous Post

Tinubu Hails Corporate Nigeria as NGX Market Capitalisation Surpasses N100 Trillion

Next Post

Agusto & Co. Assigns ‘A/A1’ Ratings to Stanbic IBTC Insurance

Victoria Emeto

Victoria Emeto

Next Post
Agusto & Co. Assigns ‘A/A1’ Ratings to Stanbic IBTC Insurance

Agusto & Co. Assigns ‘A/A1’ Ratings to Stanbic IBTC Insurance

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Kenya’s Economy Expands 4.9% in Q3 2025 on Construction, Mining Boost

Kenya’s Economy Expands 4.9% in Q3 2025 on Construction, Mining Boost

January 9, 2026
UBA Surpasses CBN Capital Requirement After Raising N157.84bn from Rights Issue

UBA Surpasses CBN Capital Requirement After Raising N157.84bn from Rights Issue

January 9, 2026
Dangote Petitions EFCC Over Alleged Corruption by Ex-NMDPRA Boss

Dangote Petitions EFCC Over Alleged Corruption by Ex-NMDPRA Boss

January 9, 2026
BVN Enrolments Rise 6.8% to 67.8 Million as of December 2025 – NIBSS

BVN Enrolments Rise 6.8% to 67.8 Million as of December 2025 – NIBSS

January 9, 2026
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Japan
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • World

Recent News

Kenya’s Economy Expands 4.9% in Q3 2025 on Construction, Mining Boost

Kenya’s Economy Expands 4.9% in Q3 2025 on Construction, Mining Boost

January 9, 2026
UBA Surpasses CBN Capital Requirement After Raising N157.84bn from Rights Issue

UBA Surpasses CBN Capital Requirement After Raising N157.84bn from Rights Issue

January 9, 2026
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!