It will also create 170,000 jobs and bring the government $200bn in revenue, according to Lekki Port LFTZ Enterprise, the port's developer. According to Shodeinde, it has also eased movement of passengers and freight at lower costs than by road transport. Mr Reynold Shodeinde, the Assistant Director, Chartered Institute of Logistics and transportation (CILT), said the revamping of the countrys railway had contributed to the Gross Domestic Product of the country. [2], Lekki Port LFTZ Enterprise is a joint venture between the Lagos State government, the NPA and Lekki Port Investment Holdings, a group of investors including China Harbour Engineering Company and Singapore-headquartered holding company Tolaram Group. In line with his All Progressives Congress (APC) manifesto, Buhari has vicariously pursued the agenda to holistically transform the countrys transportation infrastructure. (PDF) The Impact of Road Transportation Infrastructure on Economic "",!0);d(26)},!0,35);t(F,"ring-amd",{},!0,37);t(r,"isBrowser",!0,!0,38);t(r,"specified",function(a){return null!==s&&s.isSpecified?s.isSpecified(a):!1},!0,39);(function(a,b){function d(b){function e(){var a=b.getAttribute("data-amd-preload");return u(a)?a.split(","):[]}function c(){var a=b.getAttribute("data-timeout-start");return 0c.length?d(5,a):(c.pop(),b(c.join("/")))}function b(a,b){var c=a.split("/"),n=b.split("/");if(0Nigeria - Logistics Sector - International Trade Administration It will also create 170,000 jobs and bring the government $200bn in revenue, according to Lekki Port LFTZ Enterprise, the ports developer. To further drive this conversation on the importance of building a sustainable transport system in the metropolis, the Lagos Transport Fest, held on December 13, 2021, drew stakeholders from both the public and private sectors to discuss the way forward in improving Nigerias transport system. Apapa Port and Tin Can Island Port in Lagos State; Onne Port and Port Harcourt in Rivers State; This page was last edited on 26 December 2022, at 15:57. These efficient means of transportation are however still lacking in Nigeria which makes the need for sustainable transport expedient to the country. It is also the economic hub of Nigeria yet, suffers from limited transportation facilities and produces half of the countrys Green House Gas emissions. 1. (b in h)){var d=m(b,function(){h[b].query.exec([])});h[b]={script:d,query:H(!0)};g(d)}h[b].query.add(a)}},getActialLoading:function(){for(var b in h)if("interactive"===h[b].script.readyState)return b;return null},resolvePath:b,isLoad:function(a){a=b(a,"js",!0);return u(a)&&a in h?h[a].query.isExec():!1},isSpecified:function(a){a= These perceived and observed changes have led to a steady rise in its utilization, as digitization of processes in various economic quarters has become not just widely accepted but even encouraged. "===n[0]){var k=[];B(c,function(a){k.push(a)});B(n,function(a){". The shape and form of public transport networks generally reflects the level of frequency of where people want to travel to and from, which is very pivotal to the need for different transportation modes such as Railway, buses, ferries, airlines and pipeline transport which optimizes efficiency in society. Appraisal of the importance of maritime transportation to Nigeria's economy is an effort in assessing the extent to which maritime transportation has contributed to Nigeria's economy through gross domestic product (GDP) output.
