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Home»Business/Economy/Banking & Finance»Nigeria spends N84.69bn on petrol imports from Togo in Q4 2025
Business/Economy/Banking & Finance

Nigeria spends N84.69bn on petrol imports from Togo in Q4 2025

NewsdeskBy NewsdeskMarch 16, 2026Updated:March 16, 2026No Comments2 Mins Read
Petrol import
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Nigeria imported petrol worth N84.69 billion from Togo in the fourth quarter of 2025, according to newly released foreign trade statistics.

Data published by the National Bureau of Statistics (NBS) shows that petroleum products accounted for the bulk of Nigeria’s imports from the West African country during the period.

The figures highlight Nigeria’s continued reliance on imported fuel to meet domestic demand despite ongoing efforts to expand local refining capacity.

Nigeria’s petrol imports from Togo accounted for the overwhelming share of goods purchased from the country in the final quarter of 2025.

According to the NBS foreign trade report, Nigeria’s total imports from Togo stood at N88.91 billion during the quarter.

Petrol imports from Togo were valued at N84.69 billion.

The data indicates that Togo is Nigeria’s largest African source of petrol imports during the period under review.

Other items imported from the country included hides and skins, crude soybean oil, and postage-related materials.

These non-petroleum goods accounted for only a small portion of the overall import value.

The data indicates that petroleum products remain the dominant component of Nigeria’s trade with Togo.

Further breakdown of the fourth-quarter trade data shows that Nigeria sourced petrol from several countries during the period, reflecting the scale of its fuel import dependence.

Imports from Brazil were valued at N221.15 billion within the same quarter.

The Netherlands emerged as one of Nigeria’s largest petrol suppliers, with imports valued at N1.22 trillion.

Nigeria imported petrol worth a total of N3.54 trillion in the fourth quarter of 2025 alone.

The figure demonstrates petrol’s position as one of Nigeria’s most significant import commodities.

National Bureau of Statistics
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