Harboursandport.com: Lagos--- General Manager, SIFAX
Haulage & Logistics Limited, Adewale Adetayo, has said that haulage
business in the country is being hindered by dilapidated roads scattered all
round the country.
 |
| General Manager, SIFAX Haulage & Logistics Limited, Adewale Adetayo |
Adetayo, who called on the
Federal Government to fix these roads, noted many potential investors in the
business are scared away because of the huge risks their investment will be
exposed to as a result of the deplorable conditions of the major highways in the
nation.
He said: “The haulage
business has a very huge potential but not much attention is paid to it. The
sector currently accounts for over N200 billion turnover, with an estimated
growth rate of about 10% per annum.
“If you look at the
assessment of the Logistics Performance Index, Nigeria ranks 90th
out of 160 countries, which is very poor. One of the major challenges
confronting the sector is that of bad road. If you also consider the road
landscape in Nigeria, the Federal Government has about 18% of the road network,
state government about 16% and the local governments about 68%. The sad thing
is that more than 70% of the traffic on the road is basically on the Federal
roads which represent just 18% of the country’s total landscape,”
Adetayo noted that the
sector will experience a quantum leap in growth and investment if all the
federal roads and other necessary infrastructure can be fixed.
He debunked the insinuation
that there more than enough trucks on the roads, adding that the continuous
expansion of the country’s economy necessitates frequent movement of goods from
and into the country. He noted that the proper implementation of the Ease of
Doing Business will encourage more investment, both local and foreign, in the
sector.
He also demanded government’s
stern action on regulation. He said a good number of the trucks plying the
country’s roads are rickety in nature, thereby putting the lives of other road
users and the goods they convey at risk. While commending government’s relevant
agencies for their efforts in this regards, he urged them to be more stringent
in order to rid our roads of all rickety and badly-maintained trucks.
Speaking further on the
company’s recent acquisition of 20 new trucks, Adetayo said increase demand by
the customers, as well as creation of more jobs opportunities account for the
purchase that takes its fleet strength to 75. He said this has now positioned
the company to undertake good delivery in any part of the country and beyond.
No comments:
Post a Comment