Connect with us

Hi, what are you looking for?

Business

Rising Transport Fares Give Fresh Push to Multi-Order Delivery Models

Chams Access

Nigeria’s rising transport costs are putting fresh pressure on businesses that depend on frequent deliveries, forcing merchants to look beyond traditional delivery models for ways to control fulfillment costs.

The average fare for bus journeys within Nigerian cities rose to N1,431.25 in May 2026, up 38.63% from N1,032.46 a year earlier, according to the National Bureau of Statistics. Average Okada fares rose even faster, increasing 52.45% year-on-year to N1,072.51.

The increases add another cost to an already challenging operating environment for small businesses, particularly online merchants who fulfill orders one delivery at a time.

Higher transport and fuel costs mean more money spent moving products, with the expense often passed on to consumers through delivery charges or higher product prices.

ChamsAccess, a Nigerian technology company, is responding with MarketRide, a digital commerce and delivery platform designed to bring consumers, merchants and riders into one ecosystem.

The platform combines MarketRide User for consumers, MarketRide Merchant for businesses and MarketRide Go for logistics.

MarketRide Go uses a multi-order delivery model, allowing riders to fulfil several orders within the same area during a single trip.

ChamsAccess says the model will reduce unnecessary mileage and fuel consumption while giving riders opportunities to earn more from each trip.

The platform also includes GPS tracking, OTP-based delivery verification, rider training, branded equipment and prompt payment settlement.

For merchants, MarketRide Merchant offers order management, automated rider dispatch, sales monitoring and customer insights.

ChamsAccess says merchant commissions will range from five to 15%, depending on the service and category, compared with platforms where commissions and related charges can exceed 30%, although wider market benchmarking would be needed to establish the broader industry comparison.

The timing gives the platform a sizeable potential market. NCC data showed 154.35 million active internet subscriptions on mobile networks in April 2026, creating a large pool of digitally connected consumers and businesses.

Yet internet access alone will not guarantee adoption. MarketRide will need enough merchants, customers and riders in each location to make its multi-order model work efficiently.

ChamsAccess Chief Executive Officer, Olayemi Odufeso, said, “We built MarketRide to close the gap between ambitious entrepreneurs, and consumers ready to embrace digital commerce.

“This is not just for Lagos, but for every urban centre where inefficient logistics is holding back economic growth.”

This puts its central proposition to a practical test: whether better coordination, rather than simply more riders, can help make digital commerce cheaper and more efficient.

Loading

Spread the love
Frank
Written By

Franklin Ugo Ndibe is a seasoned Nigerian journalist and media professional renowned for his incisive reporting and editorial leadership in the information and communications technology (ICT) sector.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

NCC
ad

You May Also Like

E-Financial

Leading financial institution, Fidelity Bank Plc, is set to host the Lagos edition of its Quarterly Business Forum, bringing together entrepreneurs, industry experts and...

Tech

Ask any business manager in Lagos, Abuja, Enugu, Bayelsa, or anywhere across the country about equipping an office with technology, managing repairs, or setting...

Opinion

By Blaise Udunze Celebrating Nigeria’s latest inflation figures as proof that price stability has finally arrived is dangerously seductive. It has not. No doubt,...

News

An Igbo man who has three children – all girls – has weighed in on Dangote’s answer when asked if he would still try...