Nigeria spent N6.54trn on auto parts importation in two years - DG NADDC

Author: ObohPublished on: May 13, 2026Country: Nigeria

Business & Economy

Nigeria spent N6.54trn on auto parts importation in two years - DG NADDC

Nigeria spent N6.54 trillion on transport equipment and auto parts importation between 2023 and 2025, as revealed by Oluwemimo Osanipin, the Director-General of NADDC. He emphasized that this growing dependence on imports poses a significant challenge to the local automotive industry. Osanipin also stressed the importance of after-sales services to strengthen consumer confidence in locally assembled vehicles.

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