Nigeria’s export value increased by 60.78% quarter-on-quarter to N10.35 trillion in the third quarter of 2023.
According to the National Bureau of Statistics‘ ‘Foreign Trade in Goods Statistics (Q3 2023),’ total foreign trade increased to N18.80 trillion.
It said, “Nigeria’s total trade in the third quarter of 2023 stood at N18.80tn.
Exports totaled N10.35 trillion, while imports totaled N8.46 trillion.
Total exports climbed by 60.78 percent compared to the second quarter of 2023 (N6.44 trillion) and by 74.36 percent compared to the same quarter in 2022 (N5.93 trillion).
“Similarly, total imports increased by 47.70 percent compared to the value recorded in the second quarter of 2023 (N5.73 trillion) and by 33.33 percent when compared to the value recorded in the corresponding quarter of 2022 (N6.34 trillion).”
The increase in trade activity during the period was attributed by the statistics authority to the large increase in exports and imports in Q3 2023.
Nigeria’s top export destinations were Spain, India, the Netherlands, Indonesia, and France.
The majority of the country’s imports came from China, Belgium, India, Malta, and the United States of America.
![Rev. Fr. Anthony Odiong, a US-based Nigerian Louisiana Catholic priest, was arrested in Florida on Tuesday for possessing child pornography, according to law authorities. The suspect is reportedly accused of many other cases of sexual assault. The Waco, Texas, Police Department announced in a Facebook post on Tuesday that officers detained Father Anthony Odiong in Ave Maria, Florida, with assistance from the United States Marshals Service. Waco police announced in March that they had received "credible information" about a sexual assault allegedly committed by Odiong in Texas in 2012. “During the subsequent investigation, a case of possession of child pornography was uncovered,” the police said. The priest was apprehended in Florida by the Caribbean Regional Fugitive Task Force. The Waco Police Department said that he will be extradited to Texas. Odiong had previously served in the Archdiocese of New Orleans before being removed as priest in December of last year due to controversy over homilies in which he claimed, among other things, that the Catholic Church was being taken over by "the gays." At the time, the priest was also accused of abusive behaviour; a Louisiana lady claimed in U.S. bankruptcy court that Odiong had committed both financial and sexual abuse against her. Prior to joining the New Orleans Archdiocese, Odiong served in at least two Texas parishes. On Tuesday, Waco police stated that during their sexual assault investigation, "the presence of other survivors was revealed." “Multiple women have come forward to tell similar experiences as the sexual assault survivor who reported the initial allegation,” the police department said. “Survivors’ experiences ranged from sexual assault and indecent assault, more commonly recognised as groping, and financial abuse, with some survivors experiencing every element of Anthony Odiong’s manipulation.” The police said they “believe there may be more survivors, and we wish to speak with anyone who [has] had similar encounters” with the priest. The Archdiocese of New Orleans issued a brief news release on Tuesday noting Odiong's arrest in Florida. The archdiocese “encourages anyone with any information to contact law enforcement,” the release said.](https://chronicle.ng/wp-content/uploads/2024/08/ezgif-6-4730550ede-450x300.jpg "Odiong: US-based Nigerian Catholic priest convicted over sexual assault")