Transportation in Nigeria is as dynamic as the country itself. From city roads to serene rural highways, Nigerians depend on various modes of transport to commute daily. However, the cost of transportation has been on a steady rise due to factors like fuel price hikes, inflation, and this current fuel subsidy issue. In this article, i will list the latest prices of transport across Nigeria, including buses, motorcycles (okadas), and intercity travel. We will discuss the latest prices of transport companies like Guo motors, agofure motors and many others.
Why prices of transport fare keep going up
Before we list the current prices, it is important you understand the factors driving transport prices in Nigeria:
- Fuel Prices: The removal of fuel subsidies in 2023 led to a significant increase in fuel costs, directly affecting transportation fares.
- Inflation: General inflation has pushed the cost of living higher, and transport fares are no exception.
- Vehicle Maintenance: The cost of spare parts and maintenance has increased due to the fluctuating exchange rates.
- Government Policies: Taxes, levies, and road maintenance fees also contribute to the pricing structure
Transport companies in Nigeria and their latest prices as of December 2024.
Here’s a table of popular transport companies in Nigeria and their latest prices as of December 2024:
| Transport Company | Route | Price (₦) | Remarks |
|---|---|---|---|
| GUO Transport | Lagos to Abuja | ₦58,000 – ₦63,000 | Air-conditioned luxury buses |
| Lagos to Port Harcourt | ₦54,000 – ₦57,000 | Standard and executive seats | |
| ABC Transport | Lagos to Owerri | ₦48,000 – ₦53,000 | Comfortable executive buses |
| Abuja to Enugu | ₦50,000 – ₦53,000 | Snacks and onboard Wi-Fi | |
| Peace Mass Transit | Lagos to Enugu | ₦40,000 – ₦42,000 | Reliable budget service |
| Abuja to Owerri | ₦30,000 – ₦45,000 | Standard transport buses | |
| Abuja to Enugu | ₦28,000 – ₦31,000 | ||
| Ekeson Motors | Lagos to Benin City | ₦32,000 – ₦35,000 | Spacious buses |
| Lagos to Onitsha | ₦32,000 – ₦34,000 | Regular departures available | |
| God Bless Ezenwata | Lagos to Asaba | ₦30,000 – ₦32,000 | Affordable executive buses |
| Abuja to Awka | ₦30,000 – ₦34,000 | Modern luxury fleet | |
| Chisco Transport | Lagos to Calabar | ₦45,000 – ₦57,000 | Premium-class buses available |
| Lagos to Enugu | ₦52,000 – ₦54,000 | Standard and VIP services | |
| GIGM (God is Good Motors) | Lagos to Benin City | ₦40,000 – ₦42,000 | App-based booking options |
| Abuja to Lagos | ₦50,000 – ₦51,000 | Free onboard refreshments | |
| Benue Links Motors | Abuja to Makurdi | ₦10,000 – ₦14,000 | State government-run buses |
| Lagos to Makurdi | ₦22,000 – ₦24,000 | Standard and executive buses | |
| Young Shall Grow Motors | Lagos to Onitsha | ₦39,000 – ₦45,000 | Popular for long-distance routes |
| Abuja to Aba | ₦39,000 – ₦42,000 | Comfortable intercity buses |
Impact of Fuel Subsidy Removal on Transportation
The 2023 removal of fuel subsidies has had a ripple effect on transport prices. Many transport companies increased their fares by over 50% to cover the higher fuel costs. Commuters have also reported spending up to 30% more on daily transportation.
How to Save on Transportation Costs
While transportation costs can strain your budget, there are ways to save:
- Carpooling: Share rides with friends or colleagues to split costs.
- Plan Your Trips: Combine errands into one trip to save on fares.
- Use Discounted Apps: Ride-hailing services often offer promotional discounts. Keep an eye out for deals.
See my post on how to cut cost when traveling during Christmas period.
Conclusion
Transportation in Nigeria remains a critical part of daily life, but rising costs pose challenges for many Nigerians. Understanding the latest prices and exploring cost-saving strategies can help you overcome these changes effectively. As the government and private sector continue to invest in infrastructure and innovation, there is hope for more affordable and efficient transport options in the future.
