The Nigerian Export-Import Bank (NEXIM), has disclosed the disbursement of N179.79 billion to Nigerian exporters in 2025.
Managing Director of NEXIM Abubakar Abba Bello made the disclosure in Abuja at a conference organised by the Finance correspondents Association of Nigeria (FICAN).
Speaking on the theme ‘ Actualising President Bola Ahmed Tinubu’s $1 Trillion Economy Agenda’, Bello said to reach a $1 trillion Gross Domestic Product (GDP), the math is simple, but the execution is rigorous: Nigeria must diversify, adding that the country cannot float a trillion-dollar economy on the back of a single commodity.
The MD who was represented by Dr Babagana Musti said the cornerstone of the president’s vision lies in the Non-Oil Export Sector and the bank views it as a call to arms to unlock the untapped potential in solid minerals, agriculture, and creative industries; moving from a ‘resource-based’ mindset to an ‘export-led’ growth model.
In moving the needle toward this $1 trillion milestone NEXIM is focusing on three critical areas: Empowering the Nigerian Exporter. The bank is aggressively providing targeted, low-interest funding and guarantees. Our goal is to ensure that a ‘Made in Nigeria’ label is synonymous with global quality. By de-risking the export business, we are ensuring that local businesses—from SMEs to large conglomerates—can compete and win in the international marketplace. Nexim disbursed N179.79 billion in the year 2025 to exporters.
The second is the African Continental Free Trade Area (AfCFTA), the $1 trillion economy will be built on regional integration. NEXIM is at the forefront of ensuring that Nigeria not only participates in AfCFTA but also leads it. “We are facilitating trade across borders, helping Nigerian businesses navigate new markets from Accra to Cairo, ensuring that our wealth is generated through a robust intra-African trade network,” he added.
While the third is Removing Bottlenecks: The Sealink Project. “We recognise that high logistics costs are the ‘silent killers’ of trade. Through our Sealink Project, we are supporting the development of maritime and inland waterway infrastructure. By reducing the cost and time of moving goods, we are making our economy more efficient and more attractive to foreign direct investment.”
While recognising the role of finance journalists and editors as a massive intellectual engine,
NEXIM Bank assured it remains committed to an Open-Door Policy to build the global investor confidence required to hit the $1 trillion mark.
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