US 12.5% tariff unlikely to hurt Nigeria – CPPE
ALSO READ: US tariff hike could hurt Nigeria’s export earnings, industrial growth – MAN According to CPPE, these trade patterns reduce Nigeria’s exposure to the new tariff measures, noting that they will only have modest impacts on Nigeria’s export earnings, foreign exchange receipts and macroeconomic performance.
CPPE also stated that the United States is not Nigeria’s largest export destination, noting that Nigeria’s first-quarter 2026 merchandise trade data showed that exports to the US accounted for only 5.
Solution CPPE urged Nigeria to accelerate export diversification, improve manufacturing competitiveness, deepen domestic value addition and maximise opportunities under the African Continental Free Trade Area.
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