Total non-oil export earnings by export- ers fell in April 2015, on account of decline in the earnings from mineral products, according to the Central Bank of Nigeria (CBN).
It fell to $252.78 million by 51.3 percent from the preceding month, and 48.6 percent in the corre- sponding month.
The development re- flectes, largely, the 97.5 percent fall in export re- ceipts from minerals sub- sector.
A breakdown by sec- tors showed that proceeds from industrial, agricul- ture, manufactured, food products and minerals sub- sectors stood at $57.88 mil- lion, $149.6 million, $34.52 million, $10.32 million, and $0.48 million, respectively, during the review month.
The shares of industrial, agriculture, manufactured, food products and miner- als sub-sectors in non-oil export proceeds were 22.9 percent, 59.2 percent, 13.7 percent , 4.0 percent and 0.2 percent, respectively.
HOPE MOSES-ASHIKE
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