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Author Topic: Nigeria Spend N20.4b To Import Umbrella, Sunshades , Footwear Others In 3 Month  (Read 8 times)
Jubilee58 (OP)
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June 17, 2026, 09:50:46 PM
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This news was reported by Sahararwporters. A review of Nigeria's foreign trade data has revealed that Nigerians spent N20.4 billion on the importation of umbrellas, sunshades, headgear, footwear, whips and related products within the first three months of 2026. The figure was obtained from the Foreign Trade Statistics report for the first quarter of 2026 released by the National Bureau of Statistics (NBS) and reviewed by SaharaReporters. According to the report, the expenditure covered imports classified under categories including Headgears, Sunshades, Umbrellas, Whips, Footwears and other unspecified products.

Here is the link to the news :Nigeria Spends N20.4billion To Import Umbrellas, Sunshades, Footwear, Others In Three Months , more details : https://www.beloud.com/news/135411028

I think this is the reason why we still remain underdeveloped, and so much dependent on other nations to survive. Our leaders have failed to embrace industrialization, and the things we are surpose to be manufacturing here in Nigeria, we spend so much money to import them. If these items are produced here in Nigeria, we can still export them to make money. For instance, before now, China was not industrialized , but someone changed the system, and today they are now the world's business hub. If we have leaders who are visionary, Nigeria can equally attain this hight, but is so unfortunate that people who are meant to develop the country even carry our wealth to foreign countries to develop them, instead of developing our country Nigeria.
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