Entrepreneur and geologist Chinedu Amadi emphasizes that Nigeria’s economic strength is increasingly rooted in its non-oil sectors, which now contribute more than 90% of the nation’s Gross Domestic Product (GDP), while oil accounts for less than 10%. His insights, shared with NAN in Abuja, reflect positive shifts reported by the National Bureau of Statistics (NBS) for 2025.
Amadi highlights that agriculture, manufacturing, telecommunications, and services are pivotal to Nigeria’s revenue and job creation. Agriculture value chain from crop production to processing and exports is expanding with innovations like agritech and mechanization driving rural development and poverty reduction.
Despite infrastructural challenges, local manufacturing and Nigeria’s vibrant creative industries spanning film, fashion, and music are making significant GDP contributions and boosting the nation’s global image. FinTech and telecom sectors are accelerating financial inclusion and digital services.
Amadi calls for sustained government and private sector support through stable fiscal policies, improved infrastructure, and a focus on SMEs and innovation to unlock further growth. He also praises efforts to promote industrial clusters, export zones, and youth entrepreneurship.
He affirms that with the right ecosystem, Nigeria’s non-oil economy can achieve inclusive growth and international competitiveness, reducing volatility tied to global oil markets. To encourage these sectors, Trade Horizon Magazine plans the Nigeria Commodity Leadership and Exporters Recognition Awards 2025 in Abuja to celebrate excellence and innovation.
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