Nigeria Spends ₦1.4 Trillion Importing Food, Beverages and Vegetable Products in Three Months Amid Rising Hunger – NBS Report
Nigeria spent a total of ₦1.4 trillion importing prepared foodstuffs, beverages and vegetable products between July and September 2025, according to third-quarter foreign trade data released by the National Bureau of Statistics (NBS). The report shows that prepared foodstuffs, beverages, spirits and vinegar alone accounted for ₦748 billion in imports, while vegetable products were valued at ₦697 billion within the same three-month period.
The figures highlight Nigeria’s heavy dependence on imported food despite repeated government promises to boost local agricultural production. The spending comes at a time of worsening hunger, rising food prices and pressure from the high dollar-to-naira exchange rate.
Beyond food items, the data revealed that Nigeria imported live animals and animal products worth ₦382 billion, animal and vegetable fats and oils valued at ₦140 billion, plastics and rubber products worth ₦933 billion, and vehicles, aircraft and related parts costing ₦1.6 trillion. Boilers, machinery and mechanical appliances topped the import list at ₦2.5 trillion, while textile materials and articles amounted to ₦248.3 billion.
The NBS figures underscore the scale of Nigeria’s import dependence and its implications for food security and foreign exchange stability. The report also comes amid broader concerns about rising import bills, including arms and ammunition, at a time when economic pressures continue to mount across the country.
Nigeria spent a total of ₦1.4 trillion importing prepared foodstuffs, beverages and vegetable products between July and September 2025, according to third-quarter foreign trade data released by the National Bureau of Statistics (NBS). The report shows that prepared foodstuffs, beverages, spirits and vinegar alone accounted for ₦748 billion in imports, while vegetable products were valued at ₦697 billion within the same three-month period.
The figures highlight Nigeria’s heavy dependence on imported food despite repeated government promises to boost local agricultural production. The spending comes at a time of worsening hunger, rising food prices and pressure from the high dollar-to-naira exchange rate.
Beyond food items, the data revealed that Nigeria imported live animals and animal products worth ₦382 billion, animal and vegetable fats and oils valued at ₦140 billion, plastics and rubber products worth ₦933 billion, and vehicles, aircraft and related parts costing ₦1.6 trillion. Boilers, machinery and mechanical appliances topped the import list at ₦2.5 trillion, while textile materials and articles amounted to ₦248.3 billion.
The NBS figures underscore the scale of Nigeria’s import dependence and its implications for food security and foreign exchange stability. The report also comes amid broader concerns about rising import bills, including arms and ammunition, at a time when economic pressures continue to mount across the country.
Nigeria Spends ₦1.4 Trillion Importing Food, Beverages and Vegetable Products in Three Months Amid Rising Hunger – NBS Report
Nigeria spent a total of ₦1.4 trillion importing prepared foodstuffs, beverages and vegetable products between July and September 2025, according to third-quarter foreign trade data released by the National Bureau of Statistics (NBS). The report shows that prepared foodstuffs, beverages, spirits and vinegar alone accounted for ₦748 billion in imports, while vegetable products were valued at ₦697 billion within the same three-month period.
The figures highlight Nigeria’s heavy dependence on imported food despite repeated government promises to boost local agricultural production. The spending comes at a time of worsening hunger, rising food prices and pressure from the high dollar-to-naira exchange rate.
Beyond food items, the data revealed that Nigeria imported live animals and animal products worth ₦382 billion, animal and vegetable fats and oils valued at ₦140 billion, plastics and rubber products worth ₦933 billion, and vehicles, aircraft and related parts costing ₦1.6 trillion. Boilers, machinery and mechanical appliances topped the import list at ₦2.5 trillion, while textile materials and articles amounted to ₦248.3 billion.
The NBS figures underscore the scale of Nigeria’s import dependence and its implications for food security and foreign exchange stability. The report also comes amid broader concerns about rising import bills, including arms and ammunition, at a time when economic pressures continue to mount across the country.
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