{"id":5968,"date":"2025-08-27T07:36:49","date_gmt":"2025-08-27T06:36:49","guid":{"rendered":"https:\/\/villpress.com\/?p=5968"},"modified":"2025-08-27T07:37:08","modified_gmt":"2025-08-27T06:37:08","slug":"nigerias-export-boom-but-the-biggest-winners-arent-nigerians","status":"publish","type":"post","link":"https:\/\/villpress.com\/fr\/nigerias-export-boom-but-the-biggest-winners-arent-nigerians\/","title":{"rendered":"Nigeria\u2019s Export Boom: But the biggest winners aren\u2019t Nigerians."},"content":{"rendered":"

Nigeria<\/strong> is breaking records in non-oil exports, but the big winners aren\u2019t Nigerians themselves.<\/p>\n\n\n\n

In the first half of 2025, over $3.2 billion worth of goods<\/strong> left the country. In some months alone, shipments crossed N5 trillion<\/strong>, reaching destinations across the Netherlands, the USA, India, and several African nations under the AfCFTA framework. On the surface, it looks like a remarkable success story.<\/p>\n\n\n\n

But a deeper look reveals a different reality \u2014 almost 70% of the profits are controlled by foreigners<\/strong>, leaving local players with crumbs.<\/p>\n\n\n\n

Foreign Hands, Local Struggles<\/h2>\n\n\n\n

Last year, agricultural exports alone contributed trillions of naira. Yet, instead of empowering local farmers, foreign middlemen scooped up the bulk of the earnings. Many farmers at the grassroots ended up with just enough to survive, but nowhere near enough to expand or invest.<\/p>\n\n\n\n

The leaderboard of Nigeria\u2019s biggest exporters shows why. Olam<\/strong>, the country\u2019s largest non-oil exporter, is controlled by Singapore\u2019s Sovereign Wealth Fund. Indorama Eleme Fertiliser<\/strong> is foreign-owned as well. Major supply chain players include Indian, Chinese, Lebanese, and Dutch investors \u2014 not Nigerians.<\/p>\n\n\n\n

This means the system is designed to move money outward. The bulk of profits never return to develop Nigerian farms, factories, or processors. Local businesses cannot scale, and communities barely feel the impact.<\/p>\n\n\n\n

Exports Raising Prices at Home<\/h2>\n\n\n\n

While goods leave Nigerian ports at record pace, there is a hidden consequence \u2014 rising food prices at home. With no direct investments to balance the effects, households face steeper costs for staples.<\/p>\n\n\n\n

The skills, networks, and market control all sit in boardrooms thousands of miles away, from Europe to America to Asia<\/strong>. Meanwhile, Nigerian farmers and processors remain on the margins of a trade boom happening in their own backyard.<\/p>\n\n\n\n

A Call for Local Capital<\/h2>\n\n\n\n

The message is clear: if Nigerians don\u2019t own the chain, Nigerians don\u2019t own the gain. Experts and advocates are urging wealthy citizens, investors, and even families pooling resources to step into the agro value chain.<\/p>\n\n\n\n

That luxury car or foreign holiday can wait. Real progress lies in backing farms, warehouses, processing plants, and export logistics. Even small beginnings \u2014 one farm, one warehouse, one innovative idea \u2014 can grow into something transformative. Many global companies started with less.<\/p>\n\n\n\n

This isn\u2019t an opportunity reserved for billionaires. It\u2019s about vision, speed, and collective action. By investing strategically, Nigerians can shift ownership from foreign middlemen back to local hands.<\/p>\n\n\n\n

Securing Nigeria\u2019s Future<\/h2>\n\n\n\n

If the current pattern continues, Nigeria risks exporting wealth while importing hardship. Without ownership, the country cannot control food prices, create stable jobs, or guarantee its future security.<\/p>\n\n\n\n

But if Nigerians channel their capital and ambition into the export chain, the story can change. The boom can truly benefit the farmers, the processors, and the communities it was meant to uplift.<\/p>\n\n\n\n

In the end, the choice is simple: either Nigeria owns the chain, or others will keep owning the gain.<\/strong><\/p>\n\n\n\n

Credit:<\/strong>
\u201cThis powerful piece was originally written by John Dale. Sharing here because it speaks volumes about Africa\u2019s untapped wealth and lost opportunities.\u201d<\/em><\/p>\n\n\n\n

<\/p>","protected":false},"excerpt":{"rendered":"

Nigeria\u2019s exports hit $3.2B in 2025, but foreign firms take the lion\u2019s share. It\u2019s time Nigerians own the agro value chain.<\/p>","protected":false},"author":1,"featured_media":5969,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[341],"tags":[447],"ppma_author":[331],"class_list":{"0":"post-5968","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-agriculture","8":"tag-nigeria-food-export"},"authors":[{"term_id":331,"user_id":1,"is_guest":0,"slug":"pastakutmanwen","display_name":"Villpress Insider","avatar_url":{"url":"https:\/\/villpress.com\/wp-content\/uploads\/2025\/05\/Logo.png","url2x":"https:\/\/villpress.com\/wp-content\/uploads\/2025\/05\/Logo.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/villpress.com\/fr\/wp-json\/wp\/v2\/posts\/5968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/villpress.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/villpress.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/villpress.com\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/villpress.com\/fr\/wp-json\/wp\/v2\/comments?post=5968"}],"version-history":[{"count":1,"href":"https:\/\/villpress.com\/fr\/wp-json\/wp\/v2\/posts\/5968\/revisions"}],"predecessor-version":[{"id":5970,"href":"https:\/\/villpress.com\/fr\/wp-json\/wp\/v2\/posts\/5968\/revisions\/5970"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/villpress.com\/fr\/wp-json\/wp\/v2\/media\/5969"}],"wp:attachment":[{"href":"https:\/\/villpress.com\/fr\/wp-json\/wp\/v2\/media?parent=5968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/villpress.com\/fr\/wp-json\/wp\/v2\/categories?post=5968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/villpress.com\/fr\/wp-json\/wp\/v2\/tags?post=5968"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/villpress.com\/fr\/wp-json\/wp\/v2\/ppma_author?post=5968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}