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…

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…

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