Nigeria Spends N8.64 Trillion on Imported Boilers, Machinery, and Appliances in 2025
Nigeria has spent a staggering N8.64 trillion on imported boilers, machinery, and appliances in the first nine months of 2025, highlighting the country’s growing industrial activity and ongoing infrastructure development. This data comes from the latest Foreign Trade in Goods Statistics released by the National Bureau of Statistics (NBS).
The imports cover a wide range of mechanical and electrical equipment crucial for power generation, heating, and industrial operations across domestic, commercial, and industrial sectors. In 2025, Nigeria’s spending on these items was N2.87 trillion in Q1, N3.18 trillion in Q2, and N2.59 trillion in Q3, showing a steady pace of investment in foreign-made industrial equipment.
The imported goods include power-generation machinery, industrial production equipment, electrical appliances, and heating systems, all essential for sectors such as manufacturing, construction, oil and gas, and large-scale commercial activities. Historical trends show a clear upward trajectory in Nigeria’s machinery imports, from N4.34 trillion in 2022 to N9.72 trillion in 2024, indicating that 2025 may surpass previous records.
Economists note that this increase reflects Nigeria’s heavy reliance on imported technology to power its industrial and infrastructural growth. The consistent rise in spending—from N3.02 trillion in 2020 to N8.64 trillion in 2025—mirrors expanding industrial demand and an economy that continues to recover and modernize rapidly.
According to NBS data, Nigeria’s industrial sector grew by 3.77% in Q3 2025, while total imports accounted for 41.41% of the country’s trade, reaching N16.12 trillion. Despite the rising import bill, Nigeria maintained a merchandise trade surplus of N6.69 trillion, although slightly down from the previous quarter, signaling a balancing act between growing industrial needs and trade stability.
source: Nairametrics