Transportation is key to achieve AfCFTAs' objectives- Amaechi
The Minister of Transportation, Mr Rotimi Amaechi, says transportation is key to realising the major objectives of the African Continental Free Trade Area(AfCFTA). Amaechi said this at the International Conference on the Role of Transportation in the implementation of AfCFTA, organised by National Institute of Transport Technology (NITT) on Monday in Abuja. Amaechi was represented by the Minister of State for Transport, Sen. Gbemisola Saraki.
According to him, transportation is essential for economic and social development as it provides vital links between centres of production and markets. He said it aids in facilitating the flow of goods and movement of people along corridors, linking the different points of activities, thereby promoting regional and national integration and development. The minister said that the sector was critical in implementing trade facilitation, enhancing regional integration and key to every other AfCFTA protocol.
Amaechi, while reiterating the commitment of President Muhammadu Buhar- led administration toward providing efficient transport system in the country, said the government was embarking on huge transport infrastructure investment across the country. He however noted that the greatest challenge facing infrastructural development in Africa was maintenance of the infrastructure for sustainable service delivery. He added the transportation sector is blessed with myriad of potential and opportunities for development. The current administration will not leave any stone unturned in its efforts to transform the sector for the benefits of Nigerian citizens.
Amaechi added that he is optimistic that his sister, distinguished Sen. Gbemisola Saraki, the champion of the Transportation Infrastructure and Services Readiness Work stream on AfCFTA will mobilise all the human and material resources required to implement all the identified initiatives / action steps to ensure Nigeria taps into the opportunities of AfCFTA. The Minister of State for transportation , while Speaking on the Readiness of Nigerian Transport and Logistics Sector for the Implementation of AfCFTA, reiterated government's effort to ensure efficient transportation.
Saraki said a lot still needed to be done for the sector and expressed optimism that the discussions at the conference would go a long way toward charting implementable strategies for AfCFTA. She was represented by the Permanent Secretary, Ministry of Transport, Mrs Magdalene Ajani. The Nigerian Transportation Infrastructure is a promising potential for AfCFTA implementation and they hope that the outcome of this conference will give better perspective on what more they can do as a sector to tap into the potential of AfCFTA. She commended the leadership of NITT for initiating programmes with themes that are apt and needed for times such as these.
Dr Bayero Salih-Farah, the Director -General, NITT, said transportation was the gateway to economic growth and prosperity and every other sector depended on transportation for growth and progress. As such, it is heart-warming that the current administration under the able leadership of President Muhammadu Buhari has realised the critical role of transportation, and is working assiduously to make the Nigerian transport system among the best in Africa. Transport infrastructure is widely seen as an enabling industry that facilitates national, regional and international integration and trade. An effective transport system promotes competitiveness, market accessibility and economic growth. It is high time Nigeria started taking advantage of being the largest economy in Africa.
Salih-Farah its argued that intra-African trade stands at about 15per cent, an abysmal fact attributable to unnecessary bottlenecks and infrastructure deficit. Therefore, there is urgent need for massive investment in connectivity and transportation infrastructure because transportation is the link between all the factors of production. He assured that the institute is ever ready to carry out its mandate as the think-tank for the industry by coming up with issues that will address the problems of the Transport and Logistics industry. Finally, he appealed to every participant to feel free to contribute meaningfully to discussions on the conference theme aimed at enriching recommendations and resolutions.
Also, Mr Francis Anatogu, the National Action Committee Secretary, AfCFTA, represented by Mrs Benita Gyang, said efficient transport and logistics were important for AfCFTA to be successfully implemented. To realise the goals of AfCFTA, to create single market for goods and services is not possible without transportation. Transportation is an enabler. It is key to realisation of AfCFTA. Supreme reports that the conference was attended by key stakeholders in the transportation sector and government officials among others.
