Skyrocketing Imports Shatter Records: Nigeria Splurges Whopping N12.64 Trillion on Fuel and Food
Nigeria’s imports have surged to a record high of N12.64 trillion in the first quarter of 2024, representing a 39.65% increase from the previous quarter and a 95.53% rise from the same period last year. The latest Foreign Trade Statistics released by the National Bureau of Statistics (NBS) reveal that fuel and food items led…