Manufactured Goods Imports Surge 17% to N18 Trillion in H1'26
Nigeria's importation of manufactured goods experienced a significant surge in the first half of 2026, rising by 17% compared to the same period in 2025, reaching N18 trillion, according to the National Bureau of Statistics (NBS).
The surge in imports comes despite government efforts to promote domestic production and import substitution. Manufacturers have long expressed concerns about high operating costs and unfair competition from smuggled products, which they believe hinder their ability to compete effectively.
Imports Surge Despite Government Efforts
- The National Bureau of Statistics (NBS) revealed that Nigeria's imports of manufactured goods increased by 17% in the first half of 2026 compared to the same period in 2025, reaching N18 trillion.
- The surge in imports is happening despite government initiatives aimed at promoting domestic production and import substitution.
Manufacturers' Concerns
- Manufacturers have been expressing concerns about high operating costs and unfair competition from smuggled products, which they believe hinder their ability to compete effectively.
- The Manufacturers Association of Nigeria (MAN) has called for stronger policies to tackle smuggling and promote fair competition.
Imports Surge Despite Government Efforts
The National Bureau of Statistics (NBS) has revealed that Nigeria's imports of manufactured goods increased by 17% in the first half of 2026 compared to the same period in 2025, reaching N18 trillion.
This surge in imports is happening despite government initiatives aimed at promoting domestic production and import substitution.
Manufacturers' Concerns
Manufacturers have been expressing concerns about high operating costs and unfair competition from smuggled products, which they believe hinder their ability to compete effectively.
The Manufacturers Association of Nigeria (MAN) has called for stronger policies to tackle smuggling and promote fair competition.
Nigeria's Manufactured Goods Imports Surge in Q2 2026
The National Bureau of Statistics (NBS) has reported a 17% increase in Nigeria's imports of manufactured goods in the second quarter of 2026, reaching N18 trillion. Despite government initiatives aimed at promoting domestic production and import substitution, the surge in imports has raised concerns among manufacturers about high operating costs and unfair competition from smuggled products. The Manufacturers Association of Nigeria (MAN) has called for stronger policies to tackle smuggling and promote fair competition.
The surge in imports has been attributed to the 17% rise in Nigeria's imports of manufactured goods in the second quarter of 2026, reaching N18 trillion. The increase in imports is happening despite the government's efforts to promote domestic production and import substitution.
Nigeria's Manufactured Goods Imports Rise 17% in Q2 2026
The National Bureau of Statistics (NBS) has reported a 17% rise in Nigeria's imports of manufactured goods in the second quarter of 2026, reaching N18 trillion. The surge in imports is occurring despite government initiatives aimed at boosting domestic production and import substitution.
The surge in imports is due to the 17% rise in Nigeria's imports of manufactured goods in the second quarter of 2026, reaching N18 trillion. Despite government efforts to promote domestic production and import substitution, the surge in imports remains a concern for manufacturers due to high operating costs and unfair competition from smuggled products.
Manufactured Goods Imports Surge 17% in Q2 2026
The National Bureau of Statistics (NBS) has reported a 17% increase in Nigeria's imports of manufactured goods in the second quarter of 2026, reaching N18 trillion. The surge in imports is happening despite government initiatives aimed at boosting domestic production and import substitution.
The surge in imports can be attributed to the 17% rise in Nigeria's imports of manufactured goods in the second quarter of 2026, reaching N18 trillion. Despite government efforts to promote domestic production and import substitution, the surge in imports remains a concern for manufacturers due to high operating costs and unfair competition from smuggled products.
Manufactured Goods Imports Rise 17% in Q2 2026
The National Bureau of Statistics (NBS) has revealed a 17% increase in Nigeria's imports of manufactured goods in the second quarter of 2026, reaching N18 trillion. Despite government initiatives aimed at boosting domestic production and import substitution, the surge in imports continues to
<small>Source: Vanguard News — read the original story there.</small>
