Courier sector sees rapid growth as e-commerce expands
The courier and logistics industry in Nigeria is experiencing significant growth, driven by a surge in e-commerce and changing consumer habits. Dr Muda Yusuf, Okey Uba, and other stakeholders highlight how digital trade and urban delivery services are reshaping the sector. Despite impressive turnover and expanding services, operators still face challenges such as poor infrastructure, high costs, and regulatory hurdles. The rise of informal delivery channels and persistent economic constraints continue to shape the industry's outlook.
TLDR
- The post and courier sector recorded a turnover of N248.14bn in the first nine months of 2025, up from N158.73bn in the same period of 2024.
- Quarterly earnings in 2025 were N140.35bn in Q1, N54.79bn in Q2, and N53bn in Q3, with seasonal factors like weather and festivities influencing performance.
- Dr Muda Yusuf noted that booming e-commerce and informal exports are major drivers of growth, but much sector activity remains unrecorded due to informality.
- Okey Uba highlighted challenges such as high fuel prices, poor infrastructure, multiple taxes, and competition from unregulated operators.
- Stakeholders agree that logistics is a key indicator of economic activity, but structural and regulatory issues still limit the sector's full potential.
