Back to feed

Operators Link 140% Vehicle Import Surge To Duty Cuts, Weak Local Assembly Plants

Despite a 140 per cent increase in Nigeria’s import of foreign-used vehicles, which rose by 104 per cent to N633.21bn in the first half of 2026, motor dealers have decried a drop in patronage, noting that the increase did not reflect on demand for vehicles compared with 2025 and that some imported vehicles remained unsold. […]

Read the full article at leadership
#vehicles#increase#vehicle#import#cent#motor#local#dealers#imported#2025

to like, bookmark, and comment.

Save Collection

Comments

You

Join the conversation:

No comments yet. Be the first to share your thoughts.