Home Business TCAN summit: Experts highlight transport logistics for economic growth
Business

TCAN summit: Experts highlight transport logistics for economic growth

Share
Share

TCAN summit: Experts highlight transport logistics for economic growth

 

Experts at the Transportation Correspondents Association of Nigeria (TCAN) summit have outlined strategies to harness transport logistics value chains for Nigeria’s economic growth.

 

The summit, held on Wednesday in Lagos, was with the theme ‘Driving the Transport Logistics Value Chains for Economic Growth.’

 

Mr Tarzan Balogun, President of the Association of Tourist Boat Operators and Water Transporters of Nigeria (ATBOWATON), urged regulators to improve inland waterways infrastructure.

 

Represented by an executive officer of ATBOWATON, Mr Ahmed Balogun, he said waterways required facilities such as floating fuel docks to ease access to fuel for operators.

 

He explained that operators currently visit filling stations to obtain fuel, adding that floating docks would reduce operational risks, including fire outbreaks.

 

Balogun further urged regulators to equip marine police with floating checkpoints to curb theft and insecurity, while also providing adequate navigational lights.

 

Mr Victor Mgboji, Secretary of the Barge Operators Association of Nigeria (BOAN), noted that Nigeria had not fully optimised its vast inland waterways.

 

He stressed that barge operators play a vital role in cargo movement, but face challenges such as poor infrastructure, undredged waterways, and inadequate navigational facilities.

 

Transportation experts at the summit also emphasised innovation and sustainability as critical drivers of the sector’s future growth.

 

Mr Michael Oluwagbemi, Programme Director of the Presidential Initiative on Compressed Natural Gas (Pi-CNG), highlighted the need for sustainable and affordable transport systems to unlock growth.

 

Represented by Mrs Ugonna Onyemelukwe, a director at Pi-CNG, he said efficient transport would boost logistics, connect communities, and enable agricultural produce to reach markets.

 

He explained that the Presidential CNG Initiative aimed to accelerate Nigeria’s transition from petrol and diesel to cheaper, cleaner, and safer CNG alternatives.

 

Oluwagbemi stressed that CNG would cut costs, enhance energy security, and reduce the environmental impact of logistics operations nationwide.

 

He said Pi-CNG had commenced rolling out conversion centres, training programmes, and CNG refuelling infrastructure across the country.

 

According to him, transport unions, private investors, and government agencies are partnering to ensure buses, taxis, trucks, and motorcycles can operate on CNG.

 

He described the initiative as a historic opportunity for Nigeria’s logistics sector, with fleets of CNG-powered cargo trucks reducing costs and boosting competitiveness.

 

He envisioned intermodal hubs where rail, road, and waterways converge, powered by clean energy solutions, adding that the future was already being built.

 

Oluwagbemi called for stronger stakeholder collaboration, noting that innovation and sustainability must underpin every transport solution for the country’s growth.

 

Mr Segun Obayendo, Managing Director of the Lagos Computerised Vehicle Inspection Service (LACVIS), said the summit theme reflected the need for efficiency and innovation.

 

Represented by Mrs Abike Awojobi, Executive Director of Transport Agenda Magazine, he said LACVIS’ technology-driven mandate aligned with strengthening Nigeria’s transport ecosystem.

 

He reaffirmed LACVIS’ commitment to work with regulators, policymakers, and industry players to enhance safety, professionalism, and growth in the transport and logistics sector.

About The Author

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

LATEST POST

EntertainmentInternational

Nigerian-American Beauty Queen Crowned Miss Grand USA After Original Winner’s Removal

Nigerian-American Beauty Queen Crowned Miss Grand USA After Original Winner’s Removal Nigerian-American beauty queen Victoria Oluwakotanmi has been named Miss Grand USA 2026...

Africa

EFCC Lifts Freeze on Osun Accounts After Tinubu’s Directive

EFCC Lifts Freeze on Osun Accounts After Tinubu’s Directive The Economic and Financial Crimes Commission has lifted the restriction on the Osun State...

AfricaInternational

US FBI Explains Why Tinubu’s Alleged Drug Investigation Records Remain Withheld

US FBI Explains Why Tinubu’s Alleged Drug Investigation Records Remain Withheld The US Federal Bureau of Investigation (FBI) has asked a federal court...

AfricaHealth

Alimosho General Hospital takes preventive healthcare to Ikotun Market

Alimosho General Hospital takes preventive healthcare to Ikotun Market Alimosho General Hospital, Igando, has offered a comprehensive medical outreach to traders at the...

AfricaHealthNews

Imo Set for First Robotic Surgery as Specialist Hospital Breaks New Ground

Imo Set for First Robotic Surgery as Specialist Hospital Breaks New Ground Imo State is set to make a major breakthrough in healthcare...

ConflictInternational

Tupac Murder Trial Puts Diddy Under Fresh Spotlight as Keffe D Faces Court

Tupac Murder Trial Puts Diddy Under Fresh Spotlight as Keffe D Faces Court Sean “Diddy” Combs has come under renewed scrutiny over the...

EntertainmentInternationalReligion

Gospel Music Veteran Asu Ekiye Reveals 28-Year Marriage Has Ended

Gospel Music Veteran Asu Ekiye Reveals 28-Year Marriage Has Ended Nigerian gospel music veteran, Asu Ekiye, has disclosed that his 28-year marriage to...

AfricaInternationalSecurity

UK Issues Fresh Nigeria Travel Alert, Restricts Visits to 21 Areas

UK Issues Fresh Nigeria Travel Alert, Restricts Visits to 21 Areas The United Kingdom has updated its travel advice for Nigeria, warning British...

EntertainmentInternational

OnlyFans Star Scarlet Vas Announces Second Baby With Stepbrother-Turned-Husband

OnlyFans Star Scarlet Vas Announces Second Baby With Stepbrother-Turned-Husband OnlyFans creator and former Neighbours actress Scarlet Vas has announced that she and her...

Africa

Africa’s Talking Drum: The Secret That Kept the Owl Awake at Night

By: Chioma Madonna Ndukwu Africa’s Talking Drum: The Secret That Kept the Owl Awake at Night “Why are you still awake?” Owl opened...

ConflictInternational

Trump Declares ‘Economic D-Day’ Against Iran, Threatens Allies With Punishment

Trump Declares ‘Economic D-Day’ Against Iran, Threatens Allies With Punishment US President Donald Trump has announced a major escalation of economic pressure on...

Related Articles

Volkswagen Moves to Cut Thousands of Jobs as Global Challenges Mount

Volkswagen Moves to Cut Thousands of Jobs as Global Challenges Mount Volkswagen...

Global Markets Rally as Trump Extends Iran Truce, Oil Hovers Near $100

By: Chioma Madonna Ndukwu Global Markets Rally as Trump Extends Iran Truce,...

61.7 Million Barrels: Nigeria Turns to U.S. Crude Amid Strong Oil Exports

By: Chioma Madonna Ndukwu   61.7 Million Barrels: Nigeria Turns to U.S....