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Rising Transport Costs Drive Innovation in Delivery Models

Business
This Day
Rising Transport Costs Drive Innovation in Delivery Models

Nigeria's rising transport costs are significantly impacting businesses that rely on frequent deliveries, compelling them to seek innovative delivery models to manage fulfillment expenses. According to the National Bureau of Statistics, the average fare for bus journeys within Nigerian cities increased to N1,431.25 in May 2026, a 38.63% rise from N1,032.46 the previous year.

Similarly, average Okada fares surged by 52.45% year-on-year to N1,072.51. These increases add to the financial strain on small businesses, particularly online merchants who fulfill orders individually.

To combat these challenges, ChamsAccess, a Nigerian technology company, has introduced MarketRide, a digital commerce and delivery platform that integrates consumers, merchants, and logistics providers. MarketRide features a multi-order delivery model through MarketRide Go, allowing riders to deliver multiple orders in one trip, thereby reducing costs and improving earnings.

Olayemi Odufeso, CEO of ChamsAccess, stated that MarketRide aims to bridge the gap between entrepreneurs and consumers in urban centers facing logistical inefficiencies.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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