- The value of car imports has seen a sharp decline, despite the increase in the unit price of the cars
- NBS foreign trade report shows that the value of imported vehicles dropped by 14% in 2024
- Stakeholders have identified the reasons behind the drop in imports and low sales
Legit.ng journalist Ruth Okwumbu-Imafidon has over a decade of experience in business reporting across digital and mainstream media.
Car imports into Nigeria have shrunk in 2024, amid multiple challenges including naira devaluation and high inflation.
Facebook Comments Box
