Rail, Multimodal Transport Key to Nigeria’s Economic Growth — Dr. Segun Musa

0
10

Rail, Multimodal Transport Key to Nigeria’s Economic Growth — Dr. Segun Musa

 

Dr. Segun Musa, Chairman of Widescope Logistics International and Chief Consultant of Global Transport Policy, has called for stronger collaboration, multimodal transportation and increased private sector investment to transform Nigeria’s transport sector and accelerate economic growth.

Speaking ahead of a transport roundtable, Musa said the vision of Global Transport Policy was to create a workable synergy among all modes of transportation to improve efficiency, reduce logistics costs and align Nigeria’s transport system with international best practices.

According to him, transportation remains a major driver of economic development and must operate as an integrated system to support trade, industrialisation and national growth.

“We want to change the narrative in Nigeria’s transport sector by ensuring a more holistic and symbiotic interaction among road, rail, air and inland waterways transportation,” he said.

Musa noted that an efficient transport system would significantly reduce the cost of doing business and improve the movement of goods across the country.

He explained that reliance on a single mode of transportation increases landing costs and commodity prices, while a multimodal system lowers supply chain costs and boosts economic activities.

According to him, Nigeria must prioritise infrastructure development, capacity building and technology adoption to achieve a fully integrated transport network.

He stressed the need for investments in rail, roads, inland waterways and logistics infrastructure to enhance cargo movement and supply chain efficiency.

“For instance, cargo can move by rail to terminals, then be distributed by trucks or connected to airports and seaports. That is how an effective multimodal transport system works,” he said.

Musa identified multimodality, infrastructure expansion and human capacity development as critical reforms needed to address Nigeria’s high logistics costs.

He added that technology and digital platforms would also improve supply chain management, data sharing and operational efficiency in the sector.

According to him, Global Transport Policy has continued to advocate policies that promote integration across road, rail and inland waterways transportation, alongside stronger collaboration between government and private investors.

He said Public-Private Partnerships (PPP), Build-Operate-Transfer (BOT) models and foreign direct investment were essential to closing Nigeria’s infrastructure gap.

“Transportation infrastructure is capital intensive. Government cannot do it alone. There must be collaboration between the state, private investors and foreign partners to drive development,” Musa stated.

He also called for policies that would create an enabling environment for indigenous and foreign investors to participate in transport infrastructure development.

On rural infrastructure development, Musa said local communities must be encouraged to take ownership of projects by understanding the economic benefits attached to them.

He noted that such participation would help protect transport infrastructure and ensure sustainability.

Speaking on digital transformation, Musa urged greater investment in young people and technology-driven innovations to align Nigeria with global transport standards.

“We live in a digital world. Technology drives modern transportation systems, and Nigeria must embrace it to remain competitive globally,” he said.

Musa further identified the rail sector as the most critical infrastructure investment for maximum economic impact.

According to him, rail transportation remains cheaper, faster and more efficient for moving large cargo volumes, making it vital for rapid economic advancement.

“Rail should receive greater attention because it carries more volume at lower cost and can significantly support economic growth,” he added.

LEAVE A REPLY

Please enter your comment!
Please enter your name here