• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Exclusives

Christmas impossible as cost of interstate travels spirals out of control

Emmanuel Ojie by Emmanuel Ojie
December 23, 2022
in Exclusives, Hospitality & Travel, Spotlight, Transportation
Ibadan motor parks, Easter
Share on FacebookShare on TwitterShare on Linkedin

The Christmas and New Year holidays are special to many Nigerians because it is perhaps the only time of the year to spend time with family and friends, some of whom may not live in the same location.

To do this, many people undertake long journeys. It’s almost like a yearly travel tradition. And one thing that characterises it each year is the astronomical increase in transportation fares.

It is usually a beehive of activities in the days leading up to Christmas. And with the increased demand and a combination of other factors such as lingering fuel scarcity and higher fuel costs, comes the hike in interstate transportation costs.

MoreStories

See the owners of the largest private hospitals in Nigeria

See the owners of the largest private hospitals in Nigeria

April 9, 2026
Mutual Funds

Top 10 equity mutual funds by YTD returns in March 2026

April 9, 2026

At the time of writing this report, the interstate bus parks at Jibowu, Mile 2, Yaba, Ojota, Challenge, Iwo Road, Ojoo, Osogbo, Ilesha, Ado Ekiti, etc, were swarming with Passengers.

High transportation costs: Petrol has gone from N165 at the start of 2022, to between N190- N250 in most urban areas in the country. This increase in the price with its non-availability has compelled transporters to hike the cost of travel during the yuletide.

Nairametrics undertook a sample of some major motor parks dedicated to interstate travel in the Southwest to get a feel of how much passengers are paying to travel by road, the difference in fares between this year and the previous year and how passengers are reacting to this increase.

Below is a sample transport fare as of December 22, 2022:

Possible further increase: It should be noted that the above fares are not static as they could further increase amid the lingering fuel scarcity in the country. Also, more Nigerians will likely travel between Friday the 23rd and Saturday the 24th, thus increasing demand which will ultimately hike travel costs.

Alternative travel arrangements: The Lagos Ibadan Train Service offers an alternative to travellers in the Southwest axis who may want to avoid the traffic on the road, especially those undertaking trips between Lagos – Abeokuta and Ibadan. 

However, even that too has become expensive. The recent hike in train transportation fares was necessitated by the cost of diesel which is what powers the engines for the Trains.  

Below are the new fares as announced by the Nigeria Railway Corporation: 

We will continue to update the transport fares as the expected surge begins on Friday December 23, 2022.


Additional reporting by Zainab Iwayemi


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Emmanuel Ojie

Emmanuel Ojie

Next Post
Elon Musk,Twitter

Elon Musk says Twitter will roll out ‘view count’ for tweets

Leave a Reply Cancel reply

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

rabafast

nairametrics




DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 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
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics