Nigeria’s dependence on imported vehicles and spare parts has continued to rise, with the country spending N6.54 trillion on transport equipment and auto parts between 2023 and 2025.
The Director-General of the National Automotive Design and Development Council, NADDC, Oluwemimo Osanipin, disclosed this on Tuesday at the opening of the West African Automotive Summit in Lagos.
Osanipin described the rising import bill as a major threat to the growth of Nigeria’s local automotive industry, stressing the urgent need to strengthen local production, after-sales services, and consumer confidence in locally assembled vehicles.
According to him, data from the National Bureau of Statistics, NBS, showed that Nigerians spent over N4.3 trillion on vehicle imports within the period, while total imports of transport equipment and spare parts rose from N3.15 trillion in 2023 to N6.54 trillion in 2025, representing a 107 per cent increase in two years.
