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FG, Stakeholders Move To Reposition Road Transport For $1tn Economy

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The Federal Government has stepped up efforts to overhaul Nigeria’s road transport sector, with key stakeholders converging in Abuja to develop reforms aimed at making transportation a major driver of the country’s push towards a $1 trillion economy.

The high-level engagement brought together government officials, transport operators, road safety institutions and private-sector representatives to examine ways of improving mobility, logistics, road safety and transportation infrastructure.

Speaking at the meeting, the Senior Special Assistant to the President on Transportation and Mobility, Prince Adetokunbo Ademola Ade-John, said the Bola Ahmed Tinubu administration was committed to repositioning transportation as a critical pillar of economic growth and national productivity.

Ade-John stressed the need for stronger collaboration among government agencies and industry players, noting that coordinated reforms, innovation, improved road safety and strategic investment in infrastructure would be crucial to achieving the administration’s Renewed Hope Agenda and broader economic objectives.

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The engagement also featured the Technical Adviser to the Vice President on Transportation, Logistics and Innovation, Prince (Dr.) Segun Obayendo, alongside other key stakeholders.

Transport Reforms Take Centre Stage

A major highlight of the meeting was a presentation on the experience of the Lagos Metropolitan Area Transport Authority (LAMATA) by its Managing Director, Engr. Abimbola Akinajo.

Participants also held a technical session titled “Repositioning Road Transport for $1 Trillion Dollar Economy,” which focused on how an efficient road transportation network could facilitate trade, strengthen logistics, improve connectivity and support economic expansion.

The deliberations underscored the central role of road transport in moving people, agricultural produce, raw materials and finished goods across the country, as stakeholders explored reforms capable of reducing inefficiencies and improving the overall business environment.

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The Federal Road Safety Corps (FRSC) also presented its National Road Safety Advisory Council Status Report, drawing attention to the need for stronger institutional cooperation and enhanced safety measures across the nation’s road transport system.

The meeting attracted the Commissioner of Transportation, Ogun State, who is also Chairman of the Nigerian Transport Commissioners Forum; the National President of the Nigerian Association of Road Transport Owners (NARTO); representatives of the Federal Ministry of Transportation, Joint Revenue Board, National Union of Road Transport Workers (NURTW) and the Nigeria Police Force.

The stakeholders’ engagement reflects the Federal Government’s broader push to build a safer, more efficient and economically productive road transport system through institutional reforms, private-sector participation and closer coordination among relevant agencies.

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