Nigeria Spends N6.54tn on Vehicle Spare Parts – FG
Nigerians spent a staggering N6.54 trillion on vehicle spare parts in 2025. This figure represents nearly 15 per cent of the national budget and dwarfs the N2.7 trillion spent on actual vehicle imports. Joseph Osanipin, head of the National Automotive Design and Development Council, revealed these numbers at the 2026 West Africa Automotive Show. The…