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…
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.