Nigerians' appetite for foreign cars has led to a significant surge in imports, with the National Bureau of Statistics revealing that the country spent a staggering N1.58 trillion on passenger motor car imports in 2025. This rebound in vehicle demand is a notable trend, despite foreign cars accounting for a relatively modest share of Nigeria's overall import bill.

The data obtained from the National Bureau of Statistics shows a sharp increase in passenger motor car imports, with a year-on-year rise of 24.64 per cent. This growth is a clear indication of the country's growing demand for foreign cars, with Nigerians seemingly willing to spend a substantial amount of money on these vehicles.

The National Bureau of Statistics' data highlights the significant impact of this trend on Nigeria's economy, with the country's import bill taking a substantial hit due to the surge in foreign car imports.

💡 NaijaBuzz Take

The National Bureau of Statistics' data paints a picture of a country where Nigerians are prioritising foreign cars over other essential needs. The fact that Nigerians spent N1.58 trillion on passenger motor car imports in 2025 raises questions about the country's economic priorities. The surge in foreign car imports has serious implications for Nigeria's economy, with the country's import bill taking a substantial hit. This trend is a clear indication that Nigeria's economic policies are failing to meet the needs of everyday Nigerians. As the country continues to grapple with economic challenges, it is imperative that policymakers take a closer look at this trend and explore ways to make foreign cars more affordable for Nigerians.