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Textile exports crash 55.3% to N16.55bn as imports hit N1.06trn
ABI Analysis
·
Nigeria
trade
Sentiment: -0.85 (very_negative)
·
18/03/2026
By Yinka Kolawole Nigeria’s textile exports plunged sharply in 2025, dropping by 55.25 per cent to N16.55 billion from N36.98 billion recorded in 2024, even as the country’s importation of textile products surged significantly within the same period. Data obtained from the National Bureau of Statistics (NBS) showed that while export earnings from textile products declined […]
The post Textile exports crash 55.3% to N16.55bn as imports hit N1.06trn appeared first on Vanguard News.
Sources: Vanguard Nigeria
