• 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 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.

RelatedStories

Billionaire Elon Musk’s net worth hits $419 billion amid Tesla’s 20% share drop 

Elon Musk to get $1 trillion compensation package as Tesla CEO 

September 6, 2025
CREDICORP launches YouthCred scheme in Lagos, sensitizes corps members

CREDICORP launches YouthCred scheme in Lagos, sensitizes corps members

September 6, 2025

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


Follow us for Breaking News and Market Intelligence.
Emmanuel Ojie

Emmanuel Ojie

Related Posts

Billionaire Elon Musk’s net worth hits $419 billion amid Tesla’s 20% share drop 
Billionaire Watch

Elon Musk to get $1 trillion compensation package as Tesla CEO 

September 6, 2025
CREDICORP launches YouthCred scheme in Lagos, sensitizes corps members
Companies

CREDICORP launches YouthCred scheme in Lagos, sensitizes corps members

September 6, 2025
NIMC, world Bank
Sectors

NIMC agents in Abuja accused of collecting money from applicants for NIN date of birth falsifications 

September 6, 2025
Naira sinks in black market, U.S dollar posts best month in 2025
Currencies

Naira double win as US Dollar Index hits fresh lows 

September 6, 2025
AAM2025: Tinubu calls for PAPSS payment system embracement across Africa for financial integration 
Sectors

FG rolls out 1Gov Cloud project to digitise MDAs, drive paperless governance 

September 6, 2025
The Invisible Commodity: Why Charcoal is not on Nigeria’s Economic Map 
Companies

The Invisible Commodity: Why Charcoal is not on Nigeria’s Economic Map 

September 6, 2025
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 *

otd
access bank
nairametrics
Emple
Palmpay
first bank








DUNS

Recent News

  • Elon Musk to get $1 trillion compensation package as Tesla CEO 
  • CREDICORP launches YouthCred scheme in Lagos, sensitizes corps members
  • NIMC agents in Abuja accused of collecting money from applicants for NIN date of birth falsifications 

Follow us on social media:

Recent News

Billionaire Elon Musk’s net worth hits $419 billion amid Tesla’s 20% share drop 

Elon Musk to get $1 trillion compensation package as Tesla CEO 

September 6, 2025
CREDICORP launches YouthCred scheme in Lagos, sensitizes corps members

CREDICORP launches YouthCred scheme in Lagos, sensitizes corps members

September 6, 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