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Transportation

Transportation

Nigeria’s motorcycle importation drops by 42%

By Temitope Adebayo Nigeria’s spending on the importation of motorcycles fell to N212.64 billion in 2022 representing a 42 percent decline from the N367.39 billion spent in 2021. The National Bureau of Statistics (NBS) disclosed this in its Foreign Trade in Goods Statistics report which also showed that the importation bill on motorcycles fell quarter-on-quarter […]