Nigeria’s urea exports surged 64 percent year-on-year in the first quarter of the year as geopolitical conflict in the Middle East disrupted a key shipping route accounting for 35 percent of global supplies.
The country’s urea exports jumped to ₦1.3trn in the first quarter of 2026 from ₦797.7bn in the corresponding period of 2025, according to recent data from the National Bureau of Statistics (NBS).
Middle East conflict re-routes global trade
The conflict has effectively closed the Strait of Hormuz, driving fertiliser prices higher and diverting global demand to alternative producers. Nigerian fertiliser manufacturers are capitalising on the tight market conditions, ramping up shipments to major international destinations including Brazil, the United States, India, Ethiopia, and Ukraine.
The export surge has provided a significant boost to Nigeria’s non-oil export earnings. Gideon Negedu, the former Executive Secretary of the Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN), stated that the country is
This post was originally published on this site.
