Transport integration can cut logistics costs — Opeifa

The Managing Director and Chief Executive Officer of the Nigerian Railway Corporation, Dr Kayode Opeifa, has said Nigeria can significantly reduce its high logistics costs by integrating rail, road and maritime transport systems. Opeifa said Nigeria's economic competitiveness depends largely on an efficient multimodal transport network capable of moving goods seamlessly from ports and production centres to markets. He spoke through his Special Adviser, Media, Yinka Aderibigbe, at the Transport Correspondents Association of Nigeria conference on Thursday. He said rail, road, maritime, inland waterways and aviation should operate as interconnected components of one transport system rather than independently, adding that such integration would reduce the cost of doing business and improve market access for producers.

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