{
  "id": 6721765,
  "title": "Nigeria’s car imports surge 146% to N1.18 trillion in H1 2026",
  "url": "https://urgent.news/2026/09/11/nigerias-car-imports-surge-146-to-n1-18-trillion-in-h1-2026",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T07:02:33.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/09/11/nigerias-car-imports-surge-146-to-n1-18-trillion-in-h1-2026/"
  },
  "original_language": "en",
  "account": "Nigeria's imports of passenger motor cars jumped 146% in the first half of 2026, reaching N1.18 trillion, according to Nairametrics' analysis of the National Bureau of Statistics' Foreign Trade Statistics reports. This marked a sharp increase from N479.26 billion in the same period of 2025. Overall, Nigeria imported N3.73 trillion worth of transport equipment and parts that year, a 44.2% rise from N2.59 trillion in H1 2025. Passenger car imports grew from N552.34 billion in Q1 to N624.75 billion in Q2, while transport equipment imports increased from N1.75 trillion to N1.99 trillion over the same period. The surge in passenger vehicle imports was driven by policy measures aimed at lowering transportation costs and promoting alternative-fuel vehicles. Despite significant investment in the CNG sector, the Federal Government has yet to meet its 2025 targets for nationwide CNG infrastructure.",
  "summary": "Nigeria’s passenger motor car imports surged 145.6% year-on-year to N1.18 trillion in the first half of 2026, driving a broader increase in the country’s transport equipment import bill. The post Nigeria’s car imports surge 146% to N1.18 trillion in H1 2026 appeared first on Nairametrics .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}