Transport
From The Report: Nigeria 2019
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Nigeria has seen much of its transport network fall into disrepair in the wake of unprecedented recent economic and population growth, as well as decades of underinvestment in critical transport infrastructure. Although rising passenger and cargo demand continues to strain nearly every segment of Nigeria’s transport sector, over the course of 2017 and 2018 the country has made commendable progress in alleviating urban congestion, investing in critical infrastructure projects and increasing private sector participation in the development of transport arteries. The opening of the Abuja Light Rail system, steady progress on the new terminal at Abuja’s Nnamdi Azikiwe International Airport, and rising public and private investment in the critical rail and road segments should see the transport sector become a key enabler of diversified non-oil growth, supporting Economic Recovery and Growth Plan targets as well as an ongoing macroeconomic recovery.

This chapter contains an interview with Hassan Bello, Executive Secretary and CEO, Nigerian Shippers’ Council.

Articles from this Chapter

Overview

Moving forward: Two major policy plans have shaped the sector’s growing infrastructure and mid-term macroeconomic development
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Africa’s largest economy and its 14th-largest geographically, Nigeria has seen much of its transport network fall into disrepair in the wake of unprecedented recent economic and population growth, as well as decades of under-investment in critical transport infrastructure. The country’s expansive road network spans nearly 200,000 km, although the majority of this is unpaved and in need of maintenance, while major urban centres including Lagos have long suffered from crippling congestion,…

Interview

By land and sea: Hassan Bello, Executive Secretary and CEO, Nigerian Shippers’ Council (NSC), on integrating the transport system
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Interview:Hassan Bello In what ways will the new National Transport Commission (NTC) impact transport regulation? HASSAN BELLO: The new NTC will replace the NSC as regulator of the transport sector. It aims to take a multisectoral approach in attracting private sector investment in developing transport infrastructure. Until now, the government has taken the lead in port, road and especially railway development. However, we need the private sector take on a bigger share of the funding because…

Analysis

Urban upgrades: Connectivity centres on establishing a conduit between urban areas and manufacturing- and agriculture-dependent regions
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Accounting for the majority of passenger and freight movements, Nigeria’s road network plays a critical role in domestic transport and international trade, although the bulk of its network remains in poor condition and unpaved, a challenge exacerbated by rising traffic volumes. Chronic congestion has had major economic ramifications for the country. The government is taking bold steps to address the challenge, significantly boosting capital spending at the Federal Ministry of Power, Works…

Analysis

Reaching higher: A continent-wide agreement will support an aviation industry that is looking towards growth, and a new national carrier
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With investment in new airport infrastructure ongoing, the government is undertaking a series of policy and regulatory reforms aimed at improving aviation operations and following international best practice. Chief among these is a recent move to join the Single African Air Transport Market (SAATM), an agreement among 23 African nations to liberalise their aviation markets in support of increased inter-African air movements. SAATM membership dovetails ongoing regulatory reforms that have…

Overview

Skybound: Rapid expansion of the global industry propels investment efforts
OBG
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The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel. According to Boeing, commercial airlines experienced annual average passenger growth of 6.2% between 2012 and 2017. The manufacturer also estimated that by 2036 an additional 41,000 plane deliveries will need to be fulfilled in order to meet service needs for both passengers and cargo. To accommodate these…

Overview

Skybound: Rapid expansion of the global industry propels investment efforts
OBG
plus

The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel. According to Boeing, commercial airlines experienced annual average passenger growth of 6.2% between 2012 and 2017. The manufacturer also estimated that by 2036 an additional 41,000 plane deliveries will need to be fulfilled in order to meet service needs for both passengers and cargo. To accommodate these…