Photo Credit: The Punch
2025-12-22 08:00:00
From a Punch report, Nigeria’s exports to the United States reportedly dropped by about ₦940.98bn in the first nine months of 2025, pointing to a shift that weakened Nigeria’s prior trade advantage.
The report links the downturn to tariff pressure and softer market conditions, suggesting Nigerian exporters faced tougher routes into the US market while imports from the US rose over the same period.
The implication goes beyond trade figures: reduced exports can weaken FX inflows and expose how external policy changes quickly reshape Nigeria’s balance-of-payments outlook.
Leadership reported exports “fell sharply by N940.98 billion in the first nine months of 2025,” while Nairametrics said exports to the US dropped “by N940.98 billion” over the same period, citing trade statistics.
Echotitbits take: This is a diversification alarm. Nigeria cannot rely on a narrow set of markets and products when external policy winds change. Watch for new trade corridors, targeted export incentives, and whether AfCFTA-linked value chains can offset losses in premium markets.
Source: The Punch — December 22, 2025 (https://punchng.com/nigeria-suffers-nearly-n1tn-export-loss-after-trump-tariff/)
The Punch 2025-12-22