The Nigerian Federal Government reported earnings exceeding $500 million from exports in 2025, as stated by Dr. Jumoke Oduwole, the Minister of Industry, Trade, and Investment, during a Senate Committee meeting. This financial success is attributed to various industrial development initiatives and ongoing efforts to diversify Nigeria's economy. Furthermore, these programs have reportedly created more than 20,000 direct jobs, indicating their positive impact on employment in the country.

Dr. Oduwole highlighted the significant expansion of activities on the Nigeria Commodity Exchange, where traded volumes surged by over 500%. This dramatic increase reflects a growing interest in structured commodity trading, bolstered by the ministry's efforts to forge a partnership aimed at establishing a national trade and distribution company. This initiative is designed to enhance market access and improve the efficiency of commodity trading across the nation.

In addition to these developments, the minister noted that the Federal Executive Council approved the National Industrial Policy in November 2025. This policy aims to set a framework for sustainable industrial growth in Nigeria, further emphasizing the government's commitment to fostering an environment conducive to investment and trade. The strategic moves made by the government are expected to yield long-term benefits for the economy and contribute to its diversification goals.