The Managing Director of the Nigerian Export-Import Bank (NEXIM), Abubakar Abba Bello, has disclosed that the Bank disbursed a total of N108 billion to Nigerian exporters in 2025.
Bello made the disclosure yesterday in Abuja at a conference organised by the Finance correspondents Association of Nigeria.
The MD represented by Babagana Musti said, “The bank is aggressively providing targeted, low-interest funding and guarantees to local businesses. Our goal is to ensure that the ‘Made-in-Nigeria’ label is synonymous with global quality which is why we disbursed N108 billion to exporters in 2025.”
He added that to remove bottlenecks, “NEXIM is supporting the “Sealink Project,” which focuses on developing maritime and inland waterway infrastructure. This initiative aims to reduce the cost and time of moving goods, making the Nigerian economy more efficient for foreign direct investment”.
Also speaking, Vice President at the Nigeria Sovereign Investment Authority (NSIA), Abraham Durosawo, said Nigeria requires a diversified, “village” approach to infrastructure financing is essential for Nigeria to achieve its ambitious $1 trillion economy target.
An Executive Director at the Ministry of Finance Incorporated (MOFI), Sani Yakubu, revealed that N75billion has already been deployed into the mortgage sector following the successful raising of an initial 250 billion Naira tranche.