Nigeria’s Transport Equipment Imports Hit N6.54trn

Nigeria’s Transport Equipment Imports Hit N6.54trn - NBS

By Oshuniran Sheriff Ola

Nigeria spent about N6.54 trillion on transport equipment imports in 2025 as demand for vehicles, machinery, and spare parts continued to rise across the country, according to the latest foreign trade data released by the National Bureau of Statistics.

The data shows that Nigeria’s spending on transport-related imports has increased steadily over the past four years, rising from N1.88 trillion in 2022 to N3.15 trillion in 2023, N4.77 trillion in 2024, and eventually reaching N6.54 trillion in 2025. Analysts say the trend reflects the country’s growing dependence on imported vehicles, industrial machinery, and transport equipment needed to support transportation and logistics operations.

Passenger vehicles accounted for a significant portion of the import bill. In 2025 alone, Nigeria imported passenger cars valued at N1.58 trillion, compared with N1.26 trillion recorded in 2024. The increase highlights the strong demand for personal and commercial vehicles despite rising costs.

Further analysis of the data shows that other transport equipment imports reached N3.39 trillion during the period under review. Industrial machinery accounted for N2.66 trillion of the figure, while non-industrial transport equipment contributed about N729 billion.

Similarly, imports of spare parts and vehicle accessories climbed to N1.57 trillion in 2025, up from N1.33 trillion in 2024. Experts attribute the increase to Nigeria’s ageing vehicle fleet and the growing need for maintenance and replacement components.

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