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MONDAY 11TH AUGUST 2025

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NEPC: Nigeria's Non-oil Exports Rose 19.5%, Hit $3.22 Billion in H1 of 2025 Says nation exported 663m metric tons of products within West Africa Insists FG expanding market access amid US tariffs Emmanuel Addeh and James Emejo in Abuja

Nigerian Export Promotion

Council (NEPC) said the country exported non-oil products valued at $3.22 billion in the first half of 2025,

representing a 19.59 per cent increase compared to $2.69 billion recorded in the same period in 2024.

Executive Director/Chief Executive officer of NEPC, Nonye Ayeni, in a statement by the organisation yesterday,

stated that the volume also increased to 4.04 million metric tonnes compared to 3.83 million metric tonnes for the same

period last year. Ayeni stated, “I am pleased

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Zelenskiy Wins EU, NATO Backing, Seeks Place at Proposed Trump-Putin Talks...

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Monday, Monday, January August 11, 6, 2025 Vol Vol29. 30.No No10865. 11082. Price: N400

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To Cut Cost, FG Launches N100bn Initiative to Power Public Institutions with Solar Energy Emmanuel Addeh in Abuja

Rural Electrification Agency (REA) signed a Memorandum of Understanding (MoU)

with Budget Office of the Federation, Infrastructure Corporation of Nigeria (InfraCorp), and Ministry of Finance Incorporated (MOFI), to mark the official

launch of National Public Sector Solarisation Initiative (NPSSI). A statement in Abuja by the agency at the weekend described the N100 billion

initiative as a flagship government-led programme designed to accelerate the deployment of distributed solar energy solutions across Nigeria’s public

sector institutions, including schools, hospitals, security posts, government offices, among others. At the core of the joint agreement, which took place

at the Budget Office of the Federation, REA said, was the urgent need to power critical infrastructure with Continued on page 5

Lagos Got 58.5% of Electronic Money Transfer Levy in June Revenue hits N183.7bn in H1 Stamp duty, EMTL rose to N221bn in six months FIRS begins electronic invoicing, fiscal system for large taxpayers

Emmanuel Addeh, James Emejo in Abuja and Peter Uzoho in Lagos Lagos State received 58.5 per cent of all collections from the country's non-import Electronic Money Transfer Levy (EMTL) revenue in June 2025, a presentation made by the Federal Inland Revenue Service (FIRS), confirmed by the Central Bank of Nigeria (CBN) at the July Federation Account Allocation Committee (FAAC) meeting has shown. A THISDAY analysis of data from the meeting showed that total non-import EMTL collections for June stood at N30.3 billion, up N1.55 billion or 5.41 per cent from May’s N28.8 billion. Continued on page 5

MIXTA AFRICA’S ANNUAL GENERAL MEETING...

L-R: Executive Director/Chief Financial Officer, Mixta Africa, Benson Ajayi; CEO, Deji Alli; Chairman, Dapo Oshinusi; Company Secretary, Funmi Olofintuyi; Non-Executive Director, Monica Musonda, and Non-Executive Director, Larry Ettah, during the company’s Annual General meeting in Lagos…recently

Niger Inaugurates Largest Shea Butter Plant in Africa...

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