The rapid spread of the Coronavirus globally has taken a toll on the global economy, but non-oil export is soaring in Nigeria and providing a good return on investment.

Despite the COVID-19 pandemic, Nigeria is witnessing an increasing demand for its agricultural products. With the increase in demand on non-oil export, the country’s over-reliance on crude oil as the main revenue earner will now fall behind agriculture, which will generally provide a good return on investment.

While the Nigerian Export Promotion Council (NEPC) has succeeded in sustaining exports, it has also continued in its efforts to address the logistical challenges facing exporters, as well as promote diversification of Nigeria’s agricultural export base. The recent inauguration of a British Airways Cargo through a freight and forwarding company, Free On Board Global Logistics Limited, for exports to the United Kingdom, European Union Countries and the United States, will drive Nigeria’s agricultural development and expand its export base. The initiative, in collaboration with the Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and Export Action Group (NEXAG) is already serving as a relief to exporters who must have been pondering how to convey their products to these destinations.

FOB Logistics Chief Executive Officer, Jimmy Adebakin, said over 60 tonnes of Nigerian non-perishable foods, such as yam, garri, fish and vegetables have been moved to London. The Nation