Nigerians Spent N194.8bn On Second-Hand Cars, Motorcycles, Bicycles In 3 Months

Amidst calls for increased patronage for made-in-Nigeria car brands, Nigerians spent close to N200bn in the third quarter of 2022 on fairly used cars, motorcycles and auxiliary cycles.

Data released by the National Bureau of Statistics revealed that a total of N194.8bn was spent on the imports of fairly used vehicles, motorcycles and cycles fitted with an auxiliary motor.

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