Nigeria’s vehicle imports increased by 226.4% in 2023

The total value of Nigeria’s used vehicle import increased significantly from $206.4 million in 2022 to $674.8 million in 2023- marking an increase of 226.46% over a one-year period.

Between 2022 and 2023, the value of used vehicles imported into the country jumped by $467.2 million compared to what was recorded in 2022.

Read more at Nairametrics

Leave a Reply

Your email address will not be published. Required fields are marked *