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Transport and Logistics

Transport & Logistics in Nigeria

Nigeria with a population of close to 170 million is without doubt the largest market in Sub-Saharan Africa and thus portends a huge opportunity for transportation and logistics service providers. Industry reforms and investments into the sector are yielding some improvements in service provision, there is gradual but steady infuse of revolutionary technology solutions and this is having a multiplier effect on the industry in general.

Road transportation accounts for more than 80% of passenger and freight movement in the country; government is revitalizing the railway network to service large proportion of this movement. The aviation sub-sector is also being transformed to a more user friendly and affordable mode of transport. Similarly, the capacity of the inland waterways is being built to effectively complement the other modes of transport.

To develop transport infrastructure and facilitate Private Sector Participation government has established the Infrastructure Concession and Regulatory Commission (ICRC) to manage the selection, development, procurement, implementation and monitoring of Private Public Partnership (PPP) projects. This gave rise to companies like the Lekki Concession Company (LCC) which constructed and tolls the Lekki-Epe expressway in Lagos Nigeria on a BOT (build-operate-transfer) model of infrastructure delivery for a 30 year concessionary plan.

Roads Transport

  • Construction and maintenance of paved roads through concessionary or any of the PPP models;
  • Building of tolls infrastructure and collection of tolls for the use of the service facilities provided to help sustain the system;
  • Provision of mass urban and rural transportation services – freight and passenger services;
  • Service facilities at the terminals on both the highways and destinations;
  • Central terminals in various urban and rural locations in the country with service facilities.

Rail Transport

  • Construction and maintenance of standard gauge rail lines through concession or any of the PPP models;
  • Provision of train transportation services – freight and passenger services.

Air Transport

  • The aviation infrastructure – maintenance hangers, communications and safety infrastructures, airports and landing strips
  • Air catering services
  • Airline operations
  • Establishment of modern aircraft training facilities

Seaports and Inland Waterways

  • Port services management and operation;
  • Liner services – foreign shipping companies can engage in the provision of Liner Services through joint sailing agreement with Nigerian shipping companies;
  • Tramp services;
  • Coastal and inland water transportation under cabotage law- government encourages joint venture in the ownership and operation of light vessels between ports, which must be fully registered in Nigeria;
  • Terminal and jetty development;
  • Ship acquisition and ship building fund/lifting of crude oil and gas;
  • Towage and pilot services

For more information, advise and consultation bothering on immigration issues, foreign investment and participation in the Transport and Logistics or any other sector in Nigeria, contact:

Business Advisory & Investment Dept

5A Dozek Close,

Off Alternative Route,
Chevron Drive,

Lekki, Lagos State, Nigeria.
TEL: +2348034869295, +2348020550410
E-mail: info@princejoelandassociates.com

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