FG to Partner Foreign Companies in Transportation Sector

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ABUJA (Min of Transport Report) – The Permanent Secretary of the Federal Ministry of Transportation, Sabiu Zakari, has reiterated Federal Government’s commitment to partner with all stakeholders and investors both foreign and local, in the Transportation Sector so as to move the Industry forward.

He disclosed this while receiving in audience a delegation led by the Italian Ambassador to Nigeria, His Excellency, Dr. Stefano Pontesilli, who met with him on the Tuesday, June 11, 2019 at the Ministry’s Conference room in Abuja.

The Permanent Secretary who was represented by the Director, Maritime Services, Umar Galadanchi said that the need to partner with stakeholders especially foreign investors has become necessary in view of the strategic position of the transportation sector in the economic well being of the Country.

According to him, there is tremendous opportunity in the Maritime domain, Aviation sector and the Nigerian Railways. He therefore urged the Italian businessmen residing in Nigeria and abroad to utilize this huge opportunity to invest in Nigeria for the mutual benefit of both Countries.

Mr Sabiu Zakari mentioned that the Nigerian Ports Authority (NPA) has been concessioned therefore, the business of the ports is being conducted on Private Public Partnership where NPA serves as a regulatory body.

Earlier, the Ambassador, Dr. Stefano Pontesilli stated that the objective of the visit was to seek collaboration and good synergy for the effective and efficient transportation system in Nigeria. He added that it was very important for them to have a high calibre of delegation in order to collaborate with Nigerian Government in the area of transportation.

While reaffirming the long lasting relation and friendship existing between the two Countries, he assured of his country’s willingness to invest in the transportation sector and concretize the move to bring Italian companies to Nigeria through Private Public Partnership platform.

Mohammad Idris
Head, Press & PR