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China supplies 39% of Nigeria’s N28tn imports

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Nigeria imported goods worth N11.01 trillion from China in the first half of 2026, accounting for nearly 40 per cent of the country’s total imports, amid growing concerns by the National Agency for Food and Drug Administration and Control over Chinese-linked counterfeit networks.

An analysis by The PUNCH of the latest Foreign Trade in Goods Statistics reports released by the National Bureau of Statistics showed that imports from China rose from N5.10tn in the first quarter to N5.92tn in the second quarter.

The combined N11.01tn represented 39.27 per cent of Nigeria’s N28.04tn total imports between January and June 2026, indicating that almost N4 out of every N10 spent on imported goods during the period went to products originating from China.

China’s share of Nigeria’s imports also increased considerably from the corresponding period of last year. NBS data showed that Nigeria imported N4.66tn from China in Q1 2025 and N4.96tn in Q2, bringing the first-half figure to N9.62tn.

This means imports from China increased by N1.39tn, or 14.49 per cent, to N11.01tn in H1 2026. The increase occurred despite a contraction in Nigeria’s overall import bill. Total imports fell from N33.14tn in the first half of 2025 to N28.04tn in H1 2026, representing a decline of 15.37 per cent.

Consequently, China’s share of Nigeria’s imports jumped from 29.03 per cent in the first half of 2025 to 39.27 per cent in the corresponding period of 2026, an increase of more than 10 percentage points.

The development reinforces China’s position as Nigeria’s largest source of imported goods. In Q1 2026, Nigeria’s total imports stood at N13.62tn, an 18.17 per cent decline from N16.64tn in the corresponding period of 2025.

China supplied N5.10tn worth of the imports, representing 37.42 per cent of the total. The United States ranked second with N2.81tn, while India followed with N992.87bn.

The concentration deepened in the following three months. Imports from China rose by 16.09 per cent quarter-on-quarter to N5.92tn in Q2, equivalent to 41.02 per cent of Nigeria’s N14.42tn total imports during the period.

The United States, Nigeria’s second-largest source of imports in the quarter, accounted for only N1.01tn or 6.97 per cent, while India supplied N924.46bn or 6.41 per cent. The Netherlands and Germany accounted for N409.81bn and N395.87bn, respectively.

The figures showed that China supplied almost six times as many goods to Nigeria as the United States in Q2. Compared with Q2 2025, imports from China increased by N955.58bn or 19.26 per cent from N4.96tn, even as Nigeria’s total imports fell by 12.55 per cent year-on-year.

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The growing value of Chinese imports comes amid renewed concerns about counterfeit and substandard products in the Nigerian market.

Online discourse surrounding the rise of fake items reached a fever pitch recently. Nigerians, including influencers like Scott Iguma and Aproko Doctor, raised the alarm over the rise of these counterfeit materials. Social media posts have gone viral about fake toothpastes, creams, contaminated bottled water and adulterated yoghurt drinks.

NAFDAC’s Director of Investigation and Enforcement, Martins Iluyomade, earlier told The PUNCH that the agency had uncovered what it described as a new trend involving some Chinese counterfeiters operating within Nigeria.

According to him, investigations indicated that some operators identify popular products in the Nigerian market, arrange for their replication and use logistics networks to distribute the counterfeits.

He said the practice had changed from an earlier model under which Nigerian counterfeiters travelled to China to arrange production.

Iluyomade said, “Before, to fake a product, you needed to go to China to bring it. Now, you don’t need to go. They are here (in Nigeria) with us. They are the ones who will identify the product that will be moving, send it to their country (China), and then come here and distribute it to our people (Nigerians) without having to travel.

Describing it as a “new trend making it (fake goods situation) look this serious,” he noted that NAFDAC discovered the “Chinese people (counterfeiters) own the logistics companies which they used to bring these (fake goods) things.”

The official added that NAFDAC had been closing logistics companies allegedly connected to the distribution networks as part of efforts to disrupt the supply of counterfeit products.

However, the agency’s allegations do not suggest that the N11.01tn worth of imports from China were counterfeit. The scale of Chinese trade, nevertheless, highlights the size of the supply chain requiring regulatory oversight at Nigeria’s borders and within the domestic market.

Further analysis showed that China’s dominance was even greater within Nigeria’s trade with Asia. Imports from Asia amounted to N7.55tn in Q1 and N8.56tn in Q2, taking the first-half figure to N16.12tn. China’s N11.01tn accounted for 68.34 per cent of the total.

This means more than two-thirds of every naira Nigeria spent on goods imported from Asia during the first six months of 2026 went to China. Asia itself strengthened its position as Nigeria’s dominant import region. It supplied 55.45 per cent of imports in Q1, before its share increased to 59.37 per cent in Q2.

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The products coming from China also showed the country’s importance to several sectors of the Nigerian economy beyond consumer goods. In Q1, one of the leading imports from China was machines for the reception, conversion and transmission of voice, images or data, valued at N254.41bn.

Other major products included seeders, planters and transplanters worth N137.94bn; parts of apparatus for transmitting or receiving voice, images or data valued at N104.53bn; herbicides and related agricultural products worth N103.83bn; and line pipes used for oil and gas pipelines valued at N81.15bn.

The pattern shifted somewhat in Q2, with photovoltaic cells assembled into modules or panels worth N184.02bn ranking among the leading imports from China.

Nigeria also imported N158.73bn worth of machines for receiving, converting and transmitting voice, images or data; N152.56bn of machinery with a 360-degree revolving superstructure; N128.88bn of herbicides and related products; and N126.45bn of machinery for cleaning, sorting or grading seeds and grains.

The figures indicate that Chinese supplies remain significant to Nigeria’s telecommunications, agriculture, construction, renewable energy and industrial sectors. The growing dependence on China also coincided with a rise in Nigeria’s overall manufactured goods imports.

Manufactured goods imports stood at N8.48tn in Q1 2026, up 12.94 per cent from N7.51tn in the corresponding quarter of 2025. The figure increased further to N9.51tn in Q2, representing a 20.65 per cent rise from N7.88tn recorded a year earlier and a 12.10 per cent increase from Q1.

Consequently, Nigeria imported N18tn worth of manufactured goods in the first six months of 2026, equivalent to 64.16 per cent of the country’s total import bill. Beyond the volume of imports, the NBS figures revealed a wide imbalance in Nigeria’s merchandise trade with China.

Nigeria exported N582.20bn worth of goods to China in Q1 and N506.57bn in Q2, bringing exports to the country to N1.09tn in the first half of 2026. With imports standing at N11.01tn, Nigeria consequently recorded an estimated N9.92tn merchandise trade deficit with China during the six-month period.

The figures mean that for every N1 worth of goods Nigeria exported to China, it imported about N10.11 worth of goods from the Asian country. Nigeria’s exports to China represented only about 2.26 per cent of its N48.19tn total exports during the period, further illustrating the imbalance in bilateral merchandise trade.

Meanwhile, NAFDAC has intensified enforcement against counterfeit and substandard products following growing public concerns about the circulation of fake medicines, food products, cosmetics and other regulated goods.

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The agency said it had secured 64 convictions for counterfeiting offences between June 2025 and June 2026, while investigations and enforcement operations had resulted in seizures and destruction of large quantities of unregistered and counterfeit products.

NAFDAC Director-General, Prof Mojisola Adeyeye, also disclosed that the agency had destroyed or seized more than N1.54tn worth of fake and substandard regulated products nationwide since 2023.

In a related development, Organised Private Sector operators said counterfeiting was eroding profits, discouraging investment and pushing legitimate producers out of business.

Speaking earlier with The PUNCH, the Vice Chairman, Lagos Chapter of the National Association of Small-Scale Industrialists, Peter Popoola, said counterfeiting was hurting members of his association in multiple ways.

“Counterfeiting reduces our sales and profits. It also damages the reputation of legitimate brands because the consumer may not know the difference until he uses the product and it turns out bad,” Popoola said.

He explained that small businesses lacked the financial muscle to protect their products from imitators. “The cost of protecting our products and taking possible legal action is high. SMEs’ finances are generally limited; we cannot afford it. It slows down our growth and leads to job losses,” he stated.

Popoola described counterfeiting as “evil” and destructive to lives, property and investment. He blamed the recurring cycle of counterfeiting on weak political will, corruption and widespread poverty, noting that many consumers deliberately sought cheaper, fake alternatives despite knowing the risks. “When the original wire sells for N2,000 and the fake sells for N1,000, people go for the fake one. In a month, the wire cuts,” the NASSI executive said.

He called for government-backed grants and low-interest credit facilities to help genuine small manufacturers scale up production, alongside consumer credit schemes that would make quality products more affordable.

Meanwhile, the Chief Executive Officer of Spectra Industries Limited, Duro Kuteyi, said dwindling household incomes were driving Nigerians toward counterfeit products. “There is not much money in the pocket, so everybody is looking for cheap items, and that is where counterfeiters gain access to the market,” Kuteyi said.

The renowned manufacturer urged consumers to watch for tell-tale signs of fake goods, from poorly positioned labels to soft drinks without gas.

Source: punchng.com

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Crude hits $107, fresh petrol price hike looms

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Petrol prices in Nigeria may rise further as international crude oil prices surged to $107 per barrel on Thursday from about $100 the previous day.

The latest rally has increased pressure on domestic petrol prices, which have already climbed from about N830 per litre before the Middle East crisis to N1,310 or more in some locations.

Before the crisis began on February 28, crude oil traded below $69 per barrel. However, the subsequent disruption to global oil supplies has pushed international prices sharply higher, prompting the Dangote Petroleum Refinery and fuel importers to adjust their pricing.

With Brent crude now above $107 per barrel and the US-Iran conflict continuing to disrupt tanker movements through the Strait of Hormuz, marketers and analysts warned that another petrol price increase could be imminent.

According to Oilprice.com, Brent crude surged to $107 per barrel on Thursday as the prolonged military confrontation between the United States and Iran continued to disrupt oil supplies through the Strait of Hormuz, raising concerns over a sustained reduction in global crude availability.

The international benchmark gained more than five per cent in early trading, extending the rally that pushed it above the $100 mark earlier in the week.

West Texas Intermediate also climbed above $100 per barrel, reflecting growing global concerns that the conflict may continue to constrain crude supplies.

The latest increase was driven largely by a sharp decline in oil flows through the Strait of Hormuz. Oilprice.com reported that volumes, which had recovered to between six million and nine million barrels per day in previous weeks, had fallen sharply, with recent estimates putting daily outflows below two million barrels.

Shipping trackers also reported that no very large crude carriers had exited the strait since early September, a significant decline from the higher tanker traffic recorded during the brief period of relative calm.

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The escalation of attacks on tankers and commercial vessels in the Persian Gulf and surrounding waters has further heightened uncertainty in the oil market.

Iran claimed to have struck several ships, while the United States confirmed the destruction of some Iranian oil tankers. Officials from both sides have given no indication of an imminent ceasefire, with their statements suggesting that the confrontation could continue for weeks or longer.

Analysts said the absence of a clear path towards de-escalation had forced traders to reassess global supply risks.

Physical crude benchmarks had already moved above $100 in recent sessions, while the futures market followed as inventories tightened and alternative export routes faced increased exposure to attacks.

For months, reports of recovering tanker traffic through the Strait of Hormuz had helped to limit upward pressure on crude prices. That outlook has now changed.

With oil flows sharply reduced and no clear diplomatic resolution in sight, global markets are increasingly pricing in the possibility of prolonged disruption to one of the world’s most important energy transit routes.

For Nigeria, sustained increases in international crude prices could continue to feed into the domestic petrol market, particularly as refiners and importers adjust their prices to reflect changes in global crude and related supply costs.

Source: punchng.com

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How to buy fuel via app, serve yourself at NNPC stations

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The Nigerian National Petroleum Company Limited has begun introducing self-service fuel pumps at selected NNPC Retail stations, allowing motorists to dispense petrol themselves using a mobile application.

The development is part of NNPC’s plan to deploy between 50 and 70 smart, self-service stations across the country within the next six months.

Unlike the conventional system where an attendant dispenses fuel, the self-service model allows customers to select the amount of fuel they want, make payment through an app and use a code to activate the pump.

NNPC Retail shared a guide on its X handle on Friday showing motorists how to use the system.

Here is a step-by-step guide on how to buy and dispense fuel yourself at participating NNPC stations:

Step 1: Motorists who want to use the self-service facility should first download the NRL Fuel App. Get the download link from the NNPC X handle.

Step 2: Open the app, tap Fuel Purchase, and select your fuel type.

Step 3: Browse the station list and choose an NNPC Retail station offering the self-service option.

The facility is currently available only at selected stations as NNPC rolls out the new system. Look for the green Self-Serve badge next to the station name. Tap it to select.

Step 3: After selecting the station, enter the amount you wish to spend on fuel. Review the quantity and price, then tap Pay from Wallet. The system will process the transaction based on the amount entered.

Step 4: Once the payment is successful, the app will generate a digital receipt. It contains your Order ID, your Self-Service Code, and a QR Code.

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Step 5: At the pump, enter your 8-digit self-service code on the terminal and press the hash key. Once validated, pick up the nozzle and fuel up—exactly the amount you paid for.

NNPC Executive Vice President, Downstream, Mumuni Dagazau, said the new model was part of the company’s plan to transform conventional filling stations into broader energy and mobility hubs.

At the newly commissioned smart station on Bill Clinton Drive, Airport Road, Abuja, NNPC Retail Executive Director, Retail Operations and Mobility, Shettima Baba-Kukawa, said customers could complete transactions on their phones and dispense the exact amount of fuel purchased.

NNPC said the smart stations would combine conventional petrol sales with services such as electric vehicle charging, liquefied petroleum gas, compressed natural gas and other mobility services.

Source: punchng.com

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Nigeria starts local production of dual-active mosquito nets

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Nigeria has commenced local production of next-generation dual-active ingredient insecticide-treated mosquito nets as part of efforts to strengthen malaria prevention and domestic manufacturing of essential health products.

Federal Ministry of Health and Social Welfare announced the development in a statement issued Thursday and signed by its Assistant Director, Information and Public Relations, Ado Bako.

The new facility, Health Textiles Nigeria FZE, wholly owned by Vestergaard Sàrl, is the first in Nigeria to manufacture dual-active ingredient insecticide-treated nets, according to the ministry.

The facility will produce PermaNet Dual, a mosquito net manufactured by Vestergaard to address the growing challenge of insecticide resistance and prequalified by the World Health Organisation in 2023.

“At full scale, the facility is expected to produce approximately 10 million nets annually and create more than 600 jobs.

“About 80 employees have already been recruited and are undergoing training in manufacturing excellence, product quality, occupational health and safety, and regulatory compliance,” the statement read.

The Coordinating Minister of Health and Social Welfare, Prof. Muhammad Pate, said the development aligned with the Nigeria Health Sector Renewal Investment Initiative and its focus on unlocking the healthcare value chain through investment, local production and stronger domestic capacity.

“This investment demonstrates what is possible when government policy, private-sector investment and technology transfer come together to unlock Nigeria’s healthcare value chain. The commencement of local production also strengthens our capacity to produce essential health products and supports a more resilient health system,” the minister said.

The establishment of Health Textiles Nigeria followed a 2024 Memorandum of Understanding between Vestergaard and the Presidential Initiative for Unlocking the Healthcare Value Chain to strengthen local production capacity for essential health products.

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The development comes as Nigeria continues to bear a substantial share of the global malaria burden.

The World Health Organisation estimates that malaria caused 282 million cases and 610,000 deaths globally in 2024, with the African Region accounting for the overwhelming majority of cases and deaths.

With production now underway, Health Textiles Nigeria is expected to fulfil its first commercial orders in the coming months, expanding Nigeria’s capacity to produce malaria prevention commodities locally, the ministry said.

Source: punchng.com

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