Tuesday, June 23, 2026
  • Login
No Result
View All Result
The Business Times
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
No Result
View All Result
The Business Times
No Result
View All Result
Home Economy

Beyond Asphalt: The Urgent Case for Reviving Nigeria’s Rail, Waterways, and Freight Corridors

byStephen Abebor
June 23, 2026
in Economy, Business
0
Beyond Asphalt: The Urgent Case for Reviving Nigeria’s Rail, Waterways, and Freight Corridors
2
VIEWS
Share on FacebookShare on Twitter

Nigeria’s transport sector is facing deep structural challenges that require coordinated reform across road, rail, and inland waterways, former Corps Marshal of the Federal Road Safety Corps (FRSC), Boboye Oyeyemi, has said.

Speaking at a policy roundtable in Abuja, Oyeyemi described the country’s transport system as fragmented, with limited intermodal connectivity and an overwhelming reliance on road infrastructure for the movement of both passengers and freight.

He said the dominance of road transport estimated by stakeholders to account for the bulk of domestic logistics activity, has intensified pressure on highways, particularly in the absence of effective axle load control mechanisms and adequately maintained enforcement infrastructure.

Oyeyemi noted that the discontinuation of weighbridge operations had weakened efforts to curb overloading by heavy-duty vehicles, adding that such enforcement gaps have contributed to faster road deterioration and elevated safety risks on major transport corridors.

He cited concerns around heavy-duty truck operations, including petroleum tanker loads, as an example of the strain placed on Nigeria’s road network, although he did not provide independently verified technical benchmarks during his remarks.

At the same event, Chairman of Global Transport Policy (GTP), Dr. Oluwasegun Musa, presented data suggesting that inefficiencies in the transport and logistics system impose a significant economic burden on Nigeria, estimating annual losses in the trillions of naira. He also referenced high logistics costs relative to economic output, noting that they remain above global averages.

The figures were presented as part of policy discussions and were not independently verified at the event.
Transport analysts at the roundtable argued that incremental road rehabilitation efforts are insufficient to address systemic constraints. They called for a long-term national strategy focused on integrating rail and inland water transport systems to reduce dependence on highways and improve freight efficiency.

They further emphasized that sustained investment in multimodal infrastructure, alongside stronger regulatory enforcement, would be critical to reducing logistics costs and improving industrial competitiveness.

Nigeria continues to rely heavily on road transport for domestic trade, a factor widely cited by economists as a constraint on productivity and non-oil export growth in Africa’s largest economy.

Experts say addressing these challenges will require not only infrastructure expansion but also consistent policy implementation and institutional coordination across transport agencies.

Tags: Abuja policy roundtableaxle load enforcementBoboye Oyeyemi FRSCfreight and cargo inefficiencylogistics costs Nigeriamultimodal transportNigeria transport systemNigerian economic productivitynon-oil export competitivenessrail and inland waterwaysroad infrastructure crisissupply chain bottlenecks Africa
Stephen Abebor

Stephen Abebor

Next Post
SEC Nigeria Halts Dangote Refinery IPO Marketing, Orders Refunds

SEC Nigeria Halts Dangote Refinery IPO Marketing, Orders Refunds

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Healthy Diets Cost Skyrockets Globally

Healthy Diets Cost Skyrockets Globally

7 months ago
Ghana’s Inflation Hits 8% in October Amid Signs of Economic Stabilisation

Ghana’s Inflation Hits 8% in October Amid Signs of Economic Stabilisation

8 months ago

Popular News

  • SEC Nigeria Halts Dangote Refinery IPO Marketing, Orders Refunds

    SEC Nigeria Halts Dangote Refinery IPO Marketing, Orders Refunds

    0 shares
    Share 0 Tweet 0
  • Beyond Asphalt: The Urgent Case for Reviving Nigeria’s Rail, Waterways, and Freight Corridors

    0 shares
    Share 0 Tweet 0
  • Falling Fuel Prices Pose Major Test for Nigeria’s CNG Transition

    0 shares
    Share 0 Tweet 0
  • Abuja International Trade Fair 2026 to Focus on Economic Resilience and Tax Reforms

    0 shares
    Share 0 Tweet 0
  • OPEC Names Nigeria Key Player in Africa’s Refining Growth, Projects $92 Billion Investment Need

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Twitter Instagram TikTok

Newsletter

Pages

  • About Page
  • Contact
  • Domestic Gas Sales Rise 30% as Nigeria’s Energy Reforms Gain Traction
  • Privacy Policy
  • Terms & Conditions

Navigation

  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .