Transport & Logistics
From The Report: Nigeria 2023
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The increasing integration of the transport sector with the growing economy is underscored by the need to move huge amounts of natural resources and merchandise to support mining, agriculture, energy and manufacturing. Efforts to bridge such infrastructure gaps, particularly in road and railway systems, has led successive governments to allocate funds to transport projects. Despite the governance challenges and budgetary constraints, several large-scale projects have boosted Nigeria’s capacity to move goods and people between inland communities and growing coastal cities. Addressing security challenges and leveraging institutional financing for project development are expected to be crucial to the expansion and maintenance of the road, rail and air links that underpin the sector.

This chapter contains an interview with Adetayo Bamiduro, CEO and Co-Founder, MAX.

Articles from this Chapter

Overview

Connecting the dots: Investment and infrastructure projects aim to optimise logistics operations and boost multi-modal transport integration
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The transport sector has become increasingly integrated with Nigeria’s general economy. With a fast-growing population of over 218.5m people as of July 2022, and the need to move huge amounts of natural resources and merchandise to support mining, agriculture, energy and manufacturing activities, one of the greatest challenges facing the sector is expanding transport infrastructure to keep pace with growth. Addressing gaps in strategically important infrastructure, particularly related to road…

Analysis

Point to point: Improved seaports and dry ports are expected to expand the country’s position as a centre for regional trade
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The privatisation of port operations as part of the port reform programme launched in 2006 has brought significant efficiency gains and economic savings to the country’s maritime sector. In December 2022 the Seaport Terminal Operators Association of Nigeria estimated that the port concession programme had saved the country a total of $1.6bn, roughly $100m annually between 2006 and 2022. Nigeria’s maritime commerce capabilities are supported by seven ports: Lekki Port, Tin Can Island Port and…

Interview

Moving ahead: Adetayo Bamiduro, CEO and Co-Founder, MAX, on digitalising transport options and improving accessibility
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Interview:Adetayo Bamiduro How has digitalisation transformed the transport and logistics landscape in Nigeria? ADETAYO BAMIDURO: Transport networks in Nigeria have traditionally been informal, which in turn has resulted in a paucity of organisation and transparency. This has made it difficult to keep track of financial flows, and has entrenched the activities of special interest groups. Technology has reduced the inefficiencies in and increased the safety of informal transport and logistics…

Analysis

Greener footprint: The shipping industry works to lower its environmental impact
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As environmental concerns become increasingly pressing for governments and businesses alike, the shipping industry is taking steps to reduce its carbon footprint. In August 2021 Danish shipping company Maersk, the world’s largest container shipping line, announced that it had invested $1.4bn in eight new vessels to be powered by methanol, rather than oil-based fuels. The ships, expected to be delivered in 2024, represent 3% of the company’s container capacity. They will replace older ships and…