List of 5 surprising items Nigeria exported in 2020 and countries they were sold to
Nigeria is largely an import-dependent country. It's most popular export is crude oil, alongside a few other agricultural products such as cocoa and cashew.
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However, the latest Foreign Trade in Goods Statistics (for the second quarter of 2020) published by the National Bureau of Statistics (NBS) indicated Nigeria surprisingly exported some manufactured and technological items too.
Source: Twitter
Below is the list of the exported technological items
1. Helicopters
The report indicates that helicopters of an Unladen weight exceeding 2000kg valued at N10.5 billion were exported to Ghana.
2. Floating or submersible drilling platform
This was exported to Cameroon and Equatorial Guinea in values worth N76.73 billion and N10.2 billion respectively, according to the NBS data.
3. Dredgers
Dredgers worth N7.2 billion were also exported to Indonesia.
4. Other self-propelled machinery
The NBS report also stated that self-propelled machinery worth N6.4 billion was exported to Ivory Coast.
5. Other floating structures
According to the NBS report, other floating structures such as rafts, tanks, coffer-dams,landing stages, buoys and beacons worth N4.6 billion were also exported to Ivory Coast.
Meanwhile, Legit.ng earlier reported that the United Kingdom topped the list of countries that invested in Nigeria in 2020.
An NBS report titled Full Year 2020 Capital Importation Report shows that the UK emerged as the top source of capital investment in 2020 with $4.17 billion.
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Meanwhile, the co-founder of Flutterwave, Iyinoluwa Aboyeji, has said Nigeria possesses the capacity to become a trillion-dollar economy and outgrow its current state.
At present, Nigeria's gross domestic product is valued at close to $500 billion. Already leading tech investment flow into Africa, Aboyeji believes growing Nigeria into a trillion-dollar economy would be with little work if the country harnesses the full potential of the people and takes advantage of market opportunities.
The tech business leader made his foresight known during Legitng's webinar, Digital Talks, which was held on Thursday, March 11, 2021.
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Nurudeen Lawal is a Legit.ng journalist passionate about fact-checking/verification journalism. He holds a Bachelor of Arts degree in Literature-in-English from Obafemi Awolowo University, Ile-Ife, Osun State. As Politics Editor, Nurudeen mostly writes on Nigeria’s political and socio-economic developments. He has attended different workshops, conferences and training on fact-checking and digital reporting, among others. Learn more about him on Twitter, @Nurudeen Lawal_
Source: Legit.ng
