SaharaReporters review of the National Bureau of Statistics (NBS) foreign trade data has revealed that Nigerians spent a total of N3.9 trillion on importing plastics, rubbers, and "articles thereof" in 2025.
According to the breakdown, between October and December 2025, representing the last quarter of the year, N982.9 billion was spent on these items alone.
The amount spent in 2025, that is N3.9 trillion for the importation of plastics, rubbers and 'articles, is lesser than the N3.4 trillion spent in 2024 on same and N1.2 trillion spent in 2023, according to the NBS data.
An earlier review of foreign trade statistics showed that Nigerians spent ₦89.9 billion on imported goods such as umbrellas, sunshades, footwear, headgear, whips, and other unspecified products in 2025.
Of this amount, ₦22.1 billion was spent in the fourth quarter alone, covering October to December.
This underscores the continued reliance on imported consumer goods despite local production capacity in several sectors.
The NBS data also indicates that Nigeria’s spending on imported goods extends far beyond these categories. Further review shows that the country spent a staggering N8.8 trillion on petrol imports during the 2025 financial year.
Specifically, Nigeria imported 'Motor Ordinary Spirit (petrol)' worth N3.5 trillion in the last quarter alone. Earlier in the year, between January and September, Nigerians had already spent N5.3 trillion on fuel imports: N1.76 trillion in the first quarter (January–March), N2.37 trillion in the second quarter (April–June), and N1.2 trillion in the third quarter (July–September).
With N3.5 trillion spent in the final quarter, the total fuel import bill for 2025 reaches N8.8 trillion, marking the highest annual outlay on petrol in recent years.
Comparing quarterly figures, the N3.5 trillion spent in the last three months of 2025 surpasses previous records: N3.303 trillion in Q4 2024, N1.558 trillion in Q4 2022, N1.443 trillion in Q4 2021, and N574.8 billion in Q4 2019
sources https://saharareporters.com/2026/03...imported-plastics-rubbers-2025-nbs-data-shows
According to the breakdown, between October and December 2025, representing the last quarter of the year, N982.9 billion was spent on these items alone.
The amount spent in 2025, that is N3.9 trillion for the importation of plastics, rubbers and 'articles, is lesser than the N3.4 trillion spent in 2024 on same and N1.2 trillion spent in 2023, according to the NBS data.
An earlier review of foreign trade statistics showed that Nigerians spent ₦89.9 billion on imported goods such as umbrellas, sunshades, footwear, headgear, whips, and other unspecified products in 2025.
Of this amount, ₦22.1 billion was spent in the fourth quarter alone, covering October to December.
This underscores the continued reliance on imported consumer goods despite local production capacity in several sectors.
The NBS data also indicates that Nigeria’s spending on imported goods extends far beyond these categories. Further review shows that the country spent a staggering N8.8 trillion on petrol imports during the 2025 financial year.
Specifically, Nigeria imported 'Motor Ordinary Spirit (petrol)' worth N3.5 trillion in the last quarter alone. Earlier in the year, between January and September, Nigerians had already spent N5.3 trillion on fuel imports: N1.76 trillion in the first quarter (January–March), N2.37 trillion in the second quarter (April–June), and N1.2 trillion in the third quarter (July–September).
With N3.5 trillion spent in the final quarter, the total fuel import bill for 2025 reaches N8.8 trillion, marking the highest annual outlay on petrol in recent years.
Comparing quarterly figures, the N3.5 trillion spent in the last three months of 2025 surpasses previous records: N3.303 trillion in Q4 2024, N1.558 trillion in Q4 2022, N1.443 trillion in Q4 2021, and N574.8 billion in Q4 2019
sources https://saharareporters.com/2026/03...imported-plastics-rubbers-2025-nbs-data-shows
