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Nigeria : USD 47.4 billion in textile exports in 2024


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In Nigeria, exports are largely dominated by crude oil, which represents 82.5% of total exports in the third quarter of 2023. Non-oil products, including textiles, constitute only a small fraction of total exports. To diversify its export sources and further create value, Nigeria also wants to focus on its textile sector. Thus, on April 26, 2025, the National Economic Council (NEC) approved the creation of a Cotton, Textile and Clothing Development Council.

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LIVE Nigeria Now — breaking and developing stories Nation — major national news Politics — political developments and affairs Government — federal and state government Elections — elections, voting and campaigns States — news from across Nigeria Naija World — Nigerians and Nigeria in the global community Business — Nigerian business and companies Money & Markets — finance, banking, investments and markets Economy — Nigeria's economy and economic policies Tech — technology and digital innovation AI & Future — artificial intelligence and emerging technologies Science — research, discoveries and innovation Science — research, discoveries and innovation Health — healthcare, medicine and wellness Crime & Security — crime, policing and national security Law & Justice — courts, law and legal affairs Education — schools, universities and education Jobs & Careers — employment, careers and opportunities Real Estate — property, housing and construction Sports — Nigerian and international sports Entertainment — Nollywood, music, film and television Celebrities — Nigerian and international celebrity news Naija Life — lifestyle and everyday Nigerian life Culture & Heritage — Nigerian culture, traditions and history Travel & Tourism — destinations and tourism in Nigeria Food & Dining — Nigerian food, restaurants and culinary culture Weather & Climate — weather, environment and climate Community — people, communities and human-interest stories Community — people, communities and human-interest stories The View — opinions, analysis and editorials Trending — viral and widely discussed stories Other