Experts urge $3bn annual investment to fix Nigeria’s transport system

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Stakeholders at the 2025 GTP Intermodal Transport Roundtable in Lagos have called on the Nigerian government to commit $3 billion yearly to revamp the nation’s ailing transport infrastructure.

Dr. Oluwasegun Musa, Chairman of GTP and CEO of Widescope International Logistics, said a sustainable transport system would not only create jobs but boost productivity, cut costs, and make Nigeria more competitive globally.

He stressed the importance of integrating road, rail, and waterways for seamless movement and efficient logistics.

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Backing this, Prof. Aremu Jonathan, ex-VC of Covenant University, criticized Nigeria’s fragmented transport policies. He advocated for multimodal systems used by developed countries that operate under unified contracts to increase flexibility and efficiency.

Dr. Fredrick Oladeinde, former Lagos Commissioner for Transport, noted that smart planning, not just technology, is vital for the sector’s transformation.

He highlighted that 26 states already have access to waterways and urged government to formally integrate informal transport operators into national plans.

Themed “Sustainable Transport System: Global Best Practices and Lessons for Nigeria,” the GTP roundtable emphasized the need for visionary leadership, private sector collaboration, and long-term investments to unlock economic growth.


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