Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Nigeria’s Transport minister woos investors

    Nigeria’s Transport minister woos investors

    May 15, 2013
    Share
    Facebook Twitter LinkedIn WhatsApp

    Senator_Idris_Umar15 May 2013, Lagos – The Nigerian Minister of Transport, Senator Idris A. Umar has wooed both local and foreign investors to take advantage of the friendly investment policies and structures by investing in the transport sector of the economy.

    Speaking to participants of the course 35 at the International Institute of Policy and Strategic Studies, NIPSS, Kuru, near Jos, Umar stated that transport policies, programmes and projects are substantially anchored on the principle of Public Private Partnership, PPP, with a view to attarcting investor and as a framework for economic development.

    Umar further stated that the window of opportunity which the new policy direction of Public Private Partnership provides in the transport sector has necessitated government’s invitation of both local and foreign investors to invest in the sector

    He explained that some of the current and on-going projects in the transport sector, some of which includes development of Badagry and Ibaka deep sea ports; development of six in land container depots and management of in-land river ports; ship repairs requires private sector participation and investment.

    The minister added that Mr. President’s Transformation Agenda is the major anchor of the projects in the transport sector which emphasizes the rehabilitation and modernization of railway transportation and the rapid upgrading and expansion of the maritime sector.
    *Godwin Oritse, Vanguard

    Related News

    FG reiterates commitment to port automation

    Transocean Coatings establishes affiliate at SIIFZ

    LASG approves seven dedicated truck parks for Lekki Port axis

    E-book
    Resilience Exhibition

    Latest News

    FG reiterates commitment to port automation

    June 14, 2025

    Seplat Energy earns CIPS Procurement Excellence Standard Certificate 

    June 14, 2025

    Meta signs deal for advanced geothermal power in New Mexico

    June 14, 2025

    IEA says it stands ready to tap emergency oil stocks, OPEC sees no need

    June 14, 2025

    China solar industry to address overcapacity challenge but turnaround far off, experts say

    June 14, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.