• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Foreign weapons imports into Nigeria rise 129% in 6 months

Tobi Tunji by Tobi Tunji
September 26, 2025
in Business News
Industrial port scene with cargo containers
Share on FacebookShare on TwitterShare on Linkedin

Nigeria’s import bill for arms and ammunition surged in the first half of 2025, as the country spent N26.95 billion on foreign weapons compared to N11.76 billion in the same period of 2024.

This represents a 129% increase year-on-year, according to the National Bureau of Statistics (NBS) foreign trade report.

The rise reverses the slump seen in 2024 and signals renewed military procurement, even as Nigeria battles security challenges.

MoreStories

COP30: Nigeria to mobilise $3 billion annually in climate finance – Shettima 

COP30: Nigeria to mobilise $3 billion annually in climate finance – Shettima 

November 7, 2025
US work permits, extension period for work permits, USCIS,

UK’s immigration crackdown to cost $5.7 billion, Home Office warns 

November 7, 2025

Strong rebound after a sharp collapse in 2024 

The 2025 rebound is notable because it follows one of the weakest years on record. In H1 2024, imports fell to just N11.76 billion from a record N121.36 billion in H1 2023, representing a 90% collapse. By contrast, the N26.95 billion spent in H1 2025 suggests the resumption of procurement contracts to defence.

H1 2023 remains the historic high, with arms imports topping N121.36 billion in just six months, largely tied to counter-terrorism and counter-insurgency procurement.

The 2025 spending was heavily concentrated in the first quarter. Imports in Q1 2025 amounted to N22.08 billion, more than double the N10.72 billion recorded in Q1 2024. By contrast, Q2 2025 saw a sharp slowdown to N4.87 billion, though this was still almost five times higher than the N1.04 billion spent in Q2 2024.

This indicates that over 80% of the half-year imports occurred in the first three months of 2025.

What does this mean 

The renewed growth in military imports coincides with ongoing insecurity across Nigeria. From Boko Haram and ISWAP insurgency in the North-East to banditry in the North-West, armed conflicts in the South-East and kidnapping and killings in the North-Central, the government remains under pressure to strengthen security forces. The 129% increase in imports points to greater investment in foreign arms as part of this response.

Nonetheless, the broader trajectory from 2021 to 2025 shows how volatile Nigeria’s defence imports have been. Spending swung from N39.80 billion in H1 2021 to N15.81 billion in H1 2022, then spiked to N121.36 billion in H1 2023, collapsed to N11.76 billion in H1 2024, and has now rebounded to N26.95 billion in H1 2025.

This volatility shows that Nigeria’s military procurement is driven less by steady year-on-year growth and more by contract cycles, budget releases, and shifting government priorities.

Yet, the fiscal implications are significant. Defence imports add to Nigeria’s trade imbalance and put pressure on scarce foreign reserves. With debt servicing already consuming a large share of government revenue, rising arms imports may further squeeze fiscal space.

However, Nigeria recorded an upswing in its external trade position in the second quarter of 2025, as the country’s trade surplus widened by 44.3% to N7.46 trillion, up from N5.17 trillion in the previous quarter.


Follow us for Breaking News and Market Intelligence.
Tags: arms and ammunitionNBS
Tobi Tunji

Tobi Tunji

Related Posts

Traders displaying their staple food in a market
Economy

Abuja Food Prices: Rice, Beans, Tomato prices fall in September

October 2, 2025
Nigeria’s palm oil industry is undergoing a major revival, driven by rising local production.
Companies

How 10 hectares of oil palm plantation could earn you N2.1 billion asset + cash portfolio from Africa’s growing $70 billion market

September 24, 2025
Illustration of Nigeria’s flag with bold 'GDP' text overlay, representing a 3.52% growth in Nigeria’s real GDP for Q4 2022.
Economy

Finance and insurance sector records 16.13% real-term growth in Q2 2025 to boost Nigeria’s GDP 

September 23, 2025
Nigeria’s economy, GDP grows by 2.54% in Q3
Economy

Top 10 fastest growing sectors in Nigeria in Q2 2025  

September 22, 2025
Average daily crude oil production climbed to 1.68 million barrels per day in Q2 2025
Economy

Higher oil production marginally cuts non-oil share of Nigeria’s GDP to 95.95% 

September 22, 2025
Illustration of Nigeria’s flag with bold 'GDP' text overlay, representing a 3.52% growth in Nigeria’s real GDP for Q4 2022.
Breaking News

Nigeria’s GDP expands by 4.23% in Q2 2025 as oil output rises 

September 22, 2025
Next Post
OpenAI Logo

OpenAI unveils ChatGPT Pulse, an AI Assistant for daily updates 

Comments 1

  1. Livingstone Nwaigbudu says:
    September 26, 2025 at 4:07 pm

    An interesting write up on defence procurement. Do we have info on sectoral allocation or the amount spent by each service.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

tajbank
arco
access bank
nairametrics
first bank






DUNS

Recent News

  • Breaking: NGX bleeds N2.8 trillion in one week as investors dump stocks 
  • Ellah Lakes capital raise on the NGX: An integrated agribusiness giant shifts into high gear 
  • Meta earns $7 billion yearly from scam ads on Facebook, Instagram – Report 

Follow us on social media:

Recent News

Announcement graphic detailing SEC Nigeria’s two-year transition to mark-to-market valuation for fixed income securities

Breaking: NGX bleeds N2.8 trillion in one week as investors dump stocks 

November 7, 2025
Ellah Lakes capital raise on the NGX: An integrated agribusiness giant shifts into high gear 

Ellah Lakes capital raise on the NGX: An integrated agribusiness giant shifts into high gear 

November 7, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics