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Industries · Transport and logistics

Transport and logistics: road, rail, air, water and courier

Road haulage carries most goods and people. The sector has grown at double-digit rates in recent quarters as activity picked up.

Key figures

Transport and logistics in numbers

Latest official figures. Shares and growth are in real terms (2019 prices) unless marked nominal.

+9.87%Transport and storage, real growth, Q3 2025+10.10% in Q3 2024
0.69%Share of real GDP, Q3 20250.96% of nominal GDP
+14.1%Real growth, Q1 2025Among the fastest-growing sectors
6Sub-activitiesRoad, rail, pipelines, water, air, and post and courier

Growth against the economy

Transport and logistics, Q3 2025+9.87%
Whole economy, Q2 2026+4.43%
Analysis

What drives the sector

Fuel prices

Petrol and diesel prices since the end of the subsidy set fares and haulage costs.

Road quality

Most freight moves by road; poor roads raise costs and journey times.

Ports

Port congestion, charges and clearing times affect importers and exporters.

Aviation

Aircraft leasing, spare parts and FX for airlines shape fares and capacity.

Who is who

Regulators and main players

Federal Ministry of Transportation and Ministry of Aviation

Policy for rail, water and air transport.

Nigerian Ports Authority and NIMASA

Ports and maritime regulation.

Nigerian Railway Corporation

Passenger and freight rail.

NCAA and FAAN

Aviation regulation and airports.

Outlook

What to watch

We do not publish forecasts. These are the signals we follow for this sector.

Fares and fuel

Transport inflation in the NBS CPI.

Rail projects

Progress on the standard-gauge lines.

Port performance

Cargo throughput and clearing times.

Air travel

Passenger numbers and the number of airlines operating.

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