Nigeria Transport

Displaying 55 - 60 of 60

With impressive economic growth rates in recent years, Nigeria is in need of transport infrastructure befitting an emerging powerhouse. Despite heavy congestion in its urban areas and seaports, the GDP of West Africa’s largest economy – and the continent’s most populous country – grew by an annual average of 7.6% from 2003 to 2011. That this was...

The resumption of traffic on initial lines in the southwest of Nigeria from 2011 was a sign of the efforts by an administration intent on liberalising the rail sector. After decades of false starts, the country is finally making progress on upgrading its narrow-gauge rail network and laying new standard-gauge lines.

In 2011 Nigerian ports imported 660,000 containers, for a 10% increase year-on-year (y-o-y), and the country’s port capacity is set for a boost with the opening of a new $1.7bn facility. The port, in Lekki, in the Lagos Free Trade Zone (LFTZ), is expected to have an annual capacity of 2.5m twenty-foot equivalent units (TEUs) on completion of the...

Chapter | Transport from The Report: Nigeria 2012

There is no single answer for bringing the transport sector up to speed to meet the needs of the economy and population, and any approach to overhauling it must be comprehensive. The government, through its National Transport Policy (NTP), recognises that lifting barriers to private enterprise is a vital element of any comprehensive plan for the sector. The NTP calls for initiatives to modernise...
Major changes are in the works for the Nigerian aviation sector, with plans to upgrade a number of airports. Officials have also called for a review of the government’s airport concession agreements, with an aim to generate more revenue to support further development of the country’s air travel infrastructure.
Nigeria’s efforts towards improving the safety of its aviation sector, in the wake of a disastrous 2005 and 2006, have finally begun to pay dividends, as international recognition of the regulatory upgrades paves the way for greater efficiency and an improved business climate for the country’s domestic airlines. However, a concomitant proliferation of fees and charges has sparked an outcry from carriers who are continuing to grapple with an extremely competitive marketplace.

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart