Nigeria’s passenger car imports dipped in 2024 as volatile exchange and accelerating inflation cut importation.
Data from the foreign trade report showed that passenger car imports into the country dropped 14.2 percent to N1.26 trillion in 2024 from N1.47 trillion recorded in 2023.
The signi
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Juliet Onyema
Juliet Onyema is a transport journalist who reports on Nigeria’s transport and automobile industry. She covers emerging Electric Vehicles (EVs), ranging from adoption to usage, automobile firms and transport policies which affect them, and also recurring trends affecting commuters’ mobility interstate and intrastate.