Nigeria Transport

After raising $30m in a recent round of financing, a Nigerian start-up is looking to revolutionise the country’s transport and logistics sector.

Nigeria’s transport sector is set to benefit from increased spending under the newly ratified federal budget, spurring improvements to road and rail infrastructure, and providing opportunities for expansion of the logistics sector.

Plans to overhaul Nigeria’s transport links are gaining pace, spearheaded by a major railway expansion project.

A multi-billion-dollar overhaul of Nigeria’s transport network is gaining pace as the country looks to plug infrastructure gaps and stimulate economic growth.

Continuing the shift away from state dominance in infrastructure development that began with the power privatisation initiative, a drive to boost the private sector role in several of Nigeria’s big-ticket transport projects looks set to open doors for investors.

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.