The Chartered Institute of Transport and Logistics (CILT) has set a target to increase the transport sector's contribution to Nigeria's Gross Domestic Product (GDP) beyond 4%. This goal is part of a broader effort to create a more integrated transport system that drives economic growth. According to CILT, the transport and logistics sector is not just a sectoral concern but the circulation system of the national economy.
Dr. Kayode Oyesiku, Chairman of the Central Planning Committee for CILT's 2026 conference, emphasized the importance of an integrated transport system. He stated that when the transport system works efficiently, it brings numerous benefits, including lower costs, stronger productivity, wider market access, and simpler job and business opportunities. Oyesiku's remarks were delivered by Prof. Ogochukwu Ogomma, Dean of the School of Transport and Logistics at Lagos State University.
Oyesiku highlighted the need for Nigeria to move beyond isolated transport projects and develop an integrated system that combines road, rail, aviation, maritime transport, inland waterways, ports, terminals, logistics hubs, and last-mile services. This integrated system should be supported by infrastructure resilient to climate change, effective coordinating institutions, technology that enhances visibility and accountability, and a skilled workforce.
CILT's 2026 National Conference, themed "Transforming Nigeria's Transport and Logistics System for Shared Prosperity and Sustainable Infrastructure," is designed to be a solution-focused gathering. The conference aims to bring policymakers, regulators, operators, investors, academia, technology providers, development partners, students, and young professionals into direct conversation.
The conference seeks to address the challenges facing Nigeria's transport and logistics sector, including fragmentation, safety concerns, high costs, and unreliability. By fostering collaboration and knowledge sharing among stakeholders, CILT hopes to identify practical solutions to these challenges and promote the development of a more efficient and sustainable transport system.
An integrated transport system is expected to have a positive impact on Nigeria's economy and households. When the transport system is efficient, it reduces costs and increases productivity, leading to economic growth and improved living standards. Conversely, a fragmented or unreliable transport system can have far-reaching negative consequences.
CILT's efforts to boost the transport sector's GDP contribution and promote an integrated transport system are timely and crucial for Nigeria's economic development. The success of these initiatives will depend on effective collaboration among stakeholders, including government agencies, private sector operators, and development partners.
Key points
- CILT aims to raise the transport sector's GDP contribution above 4% through an integrated transport system.
- The 2026 National Conference will focus on transforming Nigeria's transport and logistics system.
- An efficient transport system can drive economic growth, reduce costs, and increase productivity.
