DeWiz Engineering Services Ltd, a member of the diversified CET Group, has announced the acquisition of an equity stake in Traxport Rail Services Ltd. The investment, confirmed in a joint statement by Obiora Nwizu, chairman of CET Power, and Emeka Ndu, chairman of Traxport Rail Services, marks the inception of a long-term partnership poised to redefine freight transportation in Nigeria and West Africa through innovation and a commitment to environmental sustainability.
The collaboration is rooted in a shared vision for a cleaner, more efficient future for logistics across the region. Traxport Rail Services is at the forefront of pioneering a climate-conscious rail freight system, specifically designed to connect Nigeria’s commercial hub, Lagos, with the northern city of Kano. This ambitious initiative hinges on the adoption of liquefied natural gas (LNG) as the primary fuel source for its rail operations. This represents a decisive shift away from the traditional reliance on road-based diesel transport, promising not only environmental benefits through reduced emissions but also a more secure, scalable, and cost-effective alternative for the movement of bulk freight.
The CET Group, through its subsidiary DeWiz Engineering, brings a legacy of pan-African infrastructure delivery to this new partnership. With active investments spanning power generation, comprehensive engineering services, and the development of a strategic LNG plant at Okpella, Rivers State, the group’s technical depth and proven track record in project execution are expected to boost Traxport’s capacity to realise its operational targets. The synergy between CET’s energy infrastructure capabilities and Traxport’s innovative rail logistics model is considered central to the strategic rationale of this investment.
The joint statement explained: “This partnership is about more than just capital. It reflects aligned values, mutual confidence, and a joint determination to redefine what is possible in Nigeria’s freight rail sector.” The chairmen further emphasised the broader economic and environmental implications, stating, “Together, we are investing in the backbone of regional trade and enabling an energy transition that aligns with national and continental sustainability goals.”
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