NGNigeria has relied heavily on crude oil exports for over 50 years, overshadowing agriculture which was previously the main source of revenue and foreign exchange. With global shifts toward clean energy and concerns about oil dependency, experts are advocating for agriculture to become a competitive export-driven industry. Data from the National Bureau of Statistics shows that in Q4 2025, crude oil accounted for 51.17% of total exports, while non-oil exports, including agricultural commodities, made up the remaining share. Agricultural exports alone reached N1.323 trillion in Q4 2025, contributing around 42% of non-oil product exports. However, these exports remain largely unprocessed raw commodities, limiting their value. Asia and Europe are the top destinations for Nigerian agricultural exports, but experts argue that local processing could significantly increase revenue.
Bias read (Center): The article presents expert opinions and statistical data without overtly favoring any political stance. It discusses economic strategy and policy recommendations related to Nigeria's reliance on oil versus diversification into agriculture, but does not exhibit clear ideological bias in its framing,
