Nigeria Courier & Logistics Industry Update – May 2025
🚚 Industry Growth & Market Outlook
- Courier, Express & Parcel (CEP) Market: Nigeria’s CEP market is projected to grow from $119.76 million in 2024 to $218.78 million by 2032, with a CAGR of 7.8%. This surge is fueled by urbanization, a rising middle class, and the e-commerce boom. However, challenges like poor road infrastructure and security concerns, especially during last-mile deliveries, persist. Verified Market Research
- Freight & Logistics Sector: The broader logistics market is estimated at $10.95 billion in 2025, expected to reach $15.05 billion by 2030, growing at a CAGR of 6.57%. Key drivers include increased trade, manufacturing, and retail activities. Mordor Intelligence+1Research and Markets+1
🛣️ Infrastructure & Policy Developments
- Lekki Corridor Expansion: Nigeria has approved a $652 million funding package from China Exim Bank for constructing a vital road project. This road will serve as a key evacuation corridor, facilitating the movement of goods from the Lekki Deep Sea Port, the Dangote Petroleum Refinery—Africa's largest with a refining capacity of 650,000 barrels per day—and its adjacent fertiliser plant to multiple southern states. Reuters
- Digital Licensing Rollout: The Nigeria Postal Service (NIPOST) is transitioning to a digital licensing system for logistics companies starting Q2 2025, aiming to streamline operations and reduce bureaucratic delays. Nairametrics
- New Entrants: In February 2025, NIPOST issued operating licenses to 16 new courier and logistics firms, indicating increased competition and innovation in the sector. Courier Logistics Dept+1Courier Logistics Dept+1
📦 E-commerce & Innovation
- Global Players Eye Nigeria: Meest China, a global logistics firm, is betting heavily on Nigeria's expanding e-commerce sector. The company cites the country's growing online shopping culture and the need for efficient last-mile delivery as key reasons for its investment. Punch Newspapers
- Tech-Driven Services: AAJ Logistics has launched a new delivery service aimed at transforming Nigeria's logistics industry, leveraging technology to enhance efficiency and customer experience. Business Day
⚠️ Operational Challenges
- Trade Barriers: Since the full enforcement of new tariff regulations in April 2025, Nigerian cargo and courier companies have faced difficulties obtaining clearance into the United States, leading to significant challenges for exporters in the logistics and courier business. Tribune Online
- Security Concerns: The 2025 Suleja fuel tanker explosion, which resulted in over 100 deaths, underscores the risks associated with Nigeria's logistics operations, highlighting the need for improved safety measures and infrastructure. Wikipedia
📊 Strategic Insights for PushMobile LMS
- Diversify Service Offerings: With the CEP market's rapid growth, consider expanding into express and same-day delivery services to meet rising consumer demands.Verified Market Research
- Leverage Technology: Invest in digital platforms for tracking, customer engagement, and route optimization to enhance efficiency and customer satisfaction.
- Navigate Regulatory Changes: Stay informed about policy shifts, such as NIPOST's digital licensing, to ensure compliance and capitalize on new opportunities.Courier Logistics Dept+2Nairametrics+2Courier Logistics Dept+2
- Address Security and Infrastructure Issues: Implement robust safety protocols and advocate for infrastructure improvements to mitigate operational risks.