Nigeria’s transport sector: Making it more attractive for investors

Nigeria needs to upgrade its transport system by adopting modern transportation strategies such as multimodal transportation system driven through the use of automated and digital technology systems.

The shape and form of transport networks generally reflect the quality of lives and level of development of a nation. Nigeria has not been able to achieve most of its transport goals due to lack of guaranteed services schedule and monitoring systems.

Lack of good cargo information systems and modern cargo handling equipment, poor roads, non existent or improper rail links to the ports are some of the reasons cited. We must not compromise on key factors that can affect the value chain, like building up a solid structure by ensuring the right people are put in the right positions.

The government has to remain in the background – monitoring, regulating and coordinating the activities of players and investors.

Source: businessday.ng

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