High logistics, energy costs pushing MSMEs out of Nigeria’s export market — Report

A recent report by 3T Impex has highlighted that escalating logistics and energy costs are significantly impacting Micro, Small and Medium Enterprises (MSMEs) in Nigeria, leading to their gradual exit from the country's export market. The 2026 Non-Oil Export Index Report indicates that these rising expenses create substantial barriers for MSMEs, hindering their competitiveness in international trade. As a result, many of these enterprises are struggling to maintain their export activities, which could have broader implications for Nigeria's economy. The findings underscore the urgent need for policy interventions to support MSMEs in overcoming these challenges.

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