NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Nigeria’s automotive after-sales spare parts and maintenance market is estimated to be $8 billion; spare parts account for 80% of the value with Nigerian vehicle owners spending an estimated $650 annually.

With over 12 million registered vehicles of which 90% are imported and pre-owned, the automotive after-sales industry in Nigeria is highly fragmented and informal. This results in a disjointed aftermarket spare parts supply chain.

Photo courtesy of Daniel Foster.