Nexim bank disbursed N108bn to exporters in 2025
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 […]
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.
Durosawo, who represented NSIA Managing Director/CEO Aminu Umar-Sadiq highlighted the sheer scale of the challenge, noting that Nigeria requires an annual investment of $100 billion to $150 billion to close its current infrastructure deficit with a pivotal role through the Presidential Infrastructure Development Fund (PIDF),
“It takes a village to deliver this $1 trillion economy and we are urging a shift in public perception regarding how projects are funded. The PIDF managed by the NSIA in conjunction with the Federal Government is leveraging private sector resources for road construction in exchange for government tax benefits. The NSIA is also leading state-led Interventions with projects funded and managed at the sub-national level.”
Also speaking, Sani Yakubu, Executive Director at the Ministry of Finance Incorporated MOFI, revealed that N75billion has already been deployed into the mortgage sector following the successful raising of an initial 250 billion Naira tranche.
He said rather than bypassing existing financial structures, MOFI is collaborating with 20 financial institutions, comprising 10 commercial banks and 10 mortgage banks to deliver the funds.