Reliable road connections will prove crucial to a regional ambition to further integrate the free movement of people and goods. Already accounting for some 90% of domestic trade, road transport also facilitates significant trade along Nigeria’s 4047 km of land borders. Ranked 146th of 189 by the World Bank’s Ease of Doing Business index in terms of...
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...
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