- within Consumer Protection, Tax and Environment topic(s)
Nigeria’s transport sector is clearly moving from plans to real action. In the first quarter of 2026, there were strong developments across the maritime, aviation, and logistics sectors, showing steady progress in infrastructure, investment, and operations. In the maritime space, major projects like Omi Eko and the $1 billion Snake Island Port continued to gain momentum, supported by a significant 649% increase in foreign investment. At the same time, new initiatives such as the Cabotage Vessels Financing Fund (“CVFF”) funding scheme, the Lekki–Lagos Free Zone Green Channel, and partnerships with global operators helped improve efficiency and attract more investor interest.In aviation, the sector recorded progress through aircraft acquisition by local airlines, ongoing airport concession plans, and the introduction of the FAAN cashless system to improve revenue collection and reduce inefficiencies. There was also increased focus on digital solutions and improved ground handling and cargo services, helping to position the sector for better performance.
The logistics sector also grew steadily, driven by increased Africa–Asia trade, rail development through international partnerships, and the planned launch of a Digital Trade Platform to simplify cargo processes. Additional initiatives, such as transport financing schemes and urban infrastructure upgrades, further improved last-mile delivery and connectivity. Taken together, developments in the first quarter (Q1) point to a sector that is gaining momentum, becoming more integrated, and increasingly attractive to investors.
Open PDF to continue reading >>
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
[View Source]