Fuel, Food Imports Surge as Nigeria’s Q1 Imports Hit N12.64tn

Refined petroleum products and agricultural food imports dominated Nigeria’s import landscape in the first quarter of 2024, according to a new report by the National Bureau of Statistics (NBS). Total imports for Q1 2024 reached N12.64tn, marking a 39.65% increase from N9.05tn in Q4 2023 and a 95.53% rise from N6.47tn in Q1 2023. Raw … Continue reading Fuel, Food Imports Surge as Nigeria’s Q1 Imports Hit N12.64tn