Business A.M
No Result
View All Result
Wednesday, February 11, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Comments

Fixing Nigeria’s transportation to maximize impact on economy (2)

by NWACHUKWU
October 22, 2025
in Comments
SUNNY CHUBA NWACHUKWU

The movement of goods and services is part of the basic operational functions in business transactions, which is common in the process of executing daily economic and commercial activities. These economic and commercial activities obviously involve physical movements and relocation of materials of worth, with attached economic value, from one point (source) to another point (destination), in exchange for money that is generally recognised as the economic benefit in a business transaction between concerned parties.

The transportation aspect of the services rendered is known as the means and process of physically moving materials and man from one point to another desired location where the deal is consummated (market). This makes the transportation system an essence in all businesses, be they local, transnational or for international businesses. Without proper planning and adequate arrangements for transportation of goods and services, the engaged economic activities may end up as a failed business and, therefore, record losses. Such losses could result from high costs of goods caused by inflated costs of transportation services as a result of poorly planned transportation systems; due to lack of critical application of quantitative methods in analyzing modes of effective and efficient transportation services, as required.
To effectively fix the nation’s transportation, for purposes of achieving maximum impact in the economy, therefore, the concept of transportation modelling (i.e. an optimal way to achieve attractive cost of moving goods and services with minimum resources in real life situations), should be adopted by the government. This should significantly be applied in principle, based on policies expected to be made by the economic and national planning organs of the government. This is vital in our national life because road transportation alone can definitely not help the economy much. This is because of the existing culture of poor maintenance of road networks, virtually in all geopolitical zones of the country (using the Ogoja to Obudu stretch in Cross River State as an example). The mentioned stretch is not just a mere feeder road for agricultural purposes alone but a strategic federal road that leads to a renowned tourism centre (Obudu ranch/resort, a very attractive cash cow project) in the country. In a scenario where transportation modelling is deployed, then an alternative means of haulage of goods should also be considered; hence, a transportation portfolio that considers roads, railways, waterways and airports, for instance. This methodology selects the optimal means to achieve the desired economic goal with minimum resources applied at the specific point in time.


It is, therefore, expected that Nigeria should have, at this age and time, evolved to a point of applying transportation modelling in the haulage of goods and services to all locations in the country, with the advantage of applying the knowledge of available technological advancements to our practical needs. This application should be carried out without the discriminative tendencies that often results from political affiliations, religious bigotry, ethnic and tribal segregation. This should be in accordance with how it suits all locations in the six geopolitical zones, for the purposes of growing economically; and optimally cutting down unnecessary losses that result from applying the wrong transportation modelling in the nation’s transportation system portfolio.


Transportation, no doubt, is one strong sector that can influence the tide of economic growth, once the genuine steps and principles of transportation modelling in quantitative techniques (operations research) are substantially invoked by the government in its policy articulations, to impact the entire economy through the country’s transportation system. Rail system ought to reduce the heavy stress federal roads are subjected to on a daily basis, in the haulage of heavy duty consignments to and from different parts of the country, in the course of performing functions of unending commercial activities in the nation’s domestic business operations.


One aspect that might be difficult to reform is private sector involvement in the combination of interstate haulage of goods (heavy duty consignments), alongside commuters, as mere carryon luggage in the same vehicle. There needs to be policy guidelines spelt out by the government, on certain kinds of goods or particular weight limits for goods that could be transported by roads (haulage by waybills, and or by rail transportation). Such a government policy will help reduce carnage on the poorly maintained and managed federal highways, and the unnecessary accidents on these highways in all nooks and crannies of the country. Such policy guidelines would also reduce haulage costs in a well planned transportation system, and shall, indirectly, improve general security in the country.


Proper and effective national planning and economic development ought to be one aspect of governance that should substantially ease the socioeconomic sufferings of the citizens, but they have rather remained an ignored critical aspect for good governance. All the 774 local government councils of the federation should, from the onset, be tasked by the centre (Abuja), to substantially be involved in road maintenance; while the federal government and states, keep improving on the provision of the other transportation alternatives (rail and water transportations) in every locality to effectively fix the nation’s economy through transportation.

Previous Post

Leadership as agent of national economic freedom

Next Post

Cooking up connection: The future of food

Next Post
JOSHUA AWESOME

Cooking up connection: The future of food

  • Trending
  • Comments
  • Latest
SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

February 10, 2026

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025
What's Behind the Fourth-Quarter Earnings Dip?

What’s Behind the Fourth-Quarter Earnings Dip?

September 23, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Expert points to Eastern ports’ high revenue, employment potential

Expert points to Eastern ports’ high revenue, employment potential

February 11, 2026
African insurers step up as climate shocks expose protection gaps

African insurers step up as climate shocks expose protection gaps

February 11, 2026
Nigeria’s insurance recapitalisation exposes cracks in financial discipline

Nigeria’s insurance recapitalisation exposes cracks in financial discipline

February 11, 2026
35,000 fibre cuts undermine Nigeria’s telecom infrastructure

NCC, NSCDC warn contractors as fibre-optic damage escalates nationwide

February 11, 2026

Popular News

  • SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

    SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • What’s Behind the Fourth-Quarter Earnings Dip?

    0 shares
    Share 0 Tweet 0
  • Nigeria’s data protection dream in the cloud — Not our cloud!

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Expert points to Eastern ports’ high revenue, employment potential

Expert points to Eastern ports’ high revenue, employment potential

February 11, 2026
African insurers step up as climate shocks expose protection gaps

African insurers step up as climate shocks expose protection gaps

February 11, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M