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Nigeria spends N89.3 trillion on imports in 5 years

Key highlights Nigeria spent N89.3 trillion on imports from 2018-2022, accounting for 48.21% of total trade and representing a surplus of N6.7 trillion for total exports. The highest import expenses were in 2022 at N25.6 trillion, with petrol being the top imported item despite Nigeria being a major crude oil producer. Experts suggest the Dangote […]

... Nigeria spends N89.3 trillion on imports in 5 years Read More on ... Naijaonpoint.

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