By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News Point247News Point247
Notification Show More
Latest News
Nigeria
NIWA-Backed Clean-Up Set to Transform Nigeria’s Blue Economy
News
Lagos
Lagos Secures €170m EIB Funding to Revolutionise Water Transport
Transport
Customs
Oyo/Osun Customs Seizes N3.2bn Contraband, Generates N28.5bn Revenue in Three Months
Customs
Tinubu
Tinubu Extends Customs CG Adeniyi’s Tenure by Six Months
News
MARAN
MARAN President, Oluyinka Onigbinde, Bags Maritime Reporter of the Year Award
News
Aa
  • Home
  • News
  • Maritime
  • Business
  • Politics
  • Society
  • Features
  • Transport
  • International
  • Opinion Article
  • Photo News
Reading: Revert to Pipeline Mode of Petroleum Products Transportation, For It’s Multiple Benefits
Share
Aa
News Point247News Point247
  • Home
  • News
  • Maritime
  • Business
  • Politics
  • Society
  • Features
  • Transport
  • International
  • Opinion Article
  • Photo News
Search
  • Home
  • News
  • Maritime
  • Business
  • Politics
  • Society
  • Features
  • Transport
  • International
  • Opinion Article
  • Photo News
Follow US
© News Point 247. All Rights Reserved | Site Developed by OutsourceNow.ng
News Point247 > News > Just In > Revert to Pipeline Mode of Petroleum Products Transportation, For It’s Multiple Benefits
BusinessJust InTransport

Revert to Pipeline Mode of Petroleum Products Transportation, For It’s Multiple Benefits

Admin
Last updated: 2024/09/12 at 8:32 AM
2 years ago 6 Min Read
Share
6 Min Read
9345acb9 6c26 44a0 B56a 2af529da6c46
SHARE

*** Segun MUSA Advices Government 

    The need to return to the usage of pipelines as the easiest and fastest mode of Petroleum Products transportation has been emphasized in Lagos.

     The advice came from a renowned stakeholder in the Transportation and Logistics sector of the economy and Chairman, Widescope Logistics Services Limited, Dr. Segun Musa, while interacting with members of the Maritime Reporters Association of Nigeria, MARAN, in Lagos.

    Speaking on the challenges of perennial traffic bottlenecks on the ports access roads, falling tankers on other vehicles and it’s resultant threats to lives as well as the constant damage to the roads infrastructure, all caused by the daily lining up, of the roads with hundreds of truck and tankers, Dr.Musa explained that reverting to the usage of pipelines for the transportation of products is a better option at any given time.

      He however expressed regrets over the abandonment of the pipelines over time, noting that the result of that neglect, is the enormous amount of tankers seen everywhere on the port access roads and their threats to timely mobility of goods and humans.

    He explained further that if pipelines are being used, the issues of   roads traffic and the others challenges  like accidents and tankers explosions would become a thing of the past.

    “That is the essence of pipelines transportation, the only area we will see tankers will be, in the area of products distribution within the corridor.Tankers are not meant to to move products from Lagos to Abuja, no!, it supposed to be pipelines, same way railway supposed to carry huge volume of cargo while haulage ensures distribution”.

     Dr. Musa said, globally, only haulage is designed to move long distances because it is most expensive but rail has the capacity to move a large volume of cargo and at a reasonable costs.

       He said, once he had countered the suggestion that, with the volume of haulage available in the sector, Nigeria can pilot the Inland Containers Depots, ICD’s, by letting the people know that, the only thing that can help pilot the ICD’s, is the rail.

    “If you use haulage to pilot the ICD’s, the essence of the ICD’s would be defeated, when you deploy haulage, it’s going to come at a premium cost and you won’t even bother to use the ICD’s again because it will be more expensive than for you to clear in the North and transport it down your destination”.

       Talking about the dwindling nature of Courier Service in the country, Dr Musa decried the fact that, it’s one sector that is not receiving more attention.

     He reminisced about the good old days of NIPOST, as the only source of parcels movement compared to the present DHL, UPS, FEDEX and the others thus asking a thousand dollars question.

    “Who is regulating them, how many big Actors are making waves in the Courier sector in Nigeria?”.

     The number, according to him, is very minimal and NIPOST is gone, thus expressing the hope that if government cannot run the Agency, they should sell it, as there are a thousand and one Investors who are willing to buy it, even as he also suggested that, aside selling the Agency, government should encourage more indigenous Players who may wish to invest in the Courier Service sub sector.

    The Chairman, Widescope Logistics and Transport, stated that Nigeria cannot afford to allow foreign participants to dominate the Courier sector in the country as it’s not done in other countries.

      “When we are talking about no jobs, but we have a lot of people who are trained, why can’t capacity be built somewhere for them to be able to compete favourably”.

    Dr Musa was of the opinion that allowing foreigners to dominate every sector of the nation’s economy, like the Courier Services, and the others, is detrimental to economic growth, and that is not allowed elsewhere and Nigeria should not be the only exception.

     He therefore solicited the need to encourage Nigerian players in those  sub sectors, to take chances and key in and make their marks towards growing the economy rather than continuous capital flights enjoyed by foreign dominance in the Nigerian economy.

You Might Also Like

Lagos Secures €170m EIB Funding to Revolutionise Water Transport

NCDMB Partners SNEPCo, LADOL to Train Young Nigerians in Supply Base Operations

Sanwo-Olu advocates technology-driven transport reforms

NCDMB Receives Ghana GNPC Delegation on Local Content Study Mission

NCDMB Confirms Q4 2026 Readiness for Bayelsa Oil and Gas Park

Share this Article
Facebook Twitter Email Print
Previous Article 9345acb9 6c26 44a0 B56a 2af529da6c46 FG Charged to Develop Interest in Transport Sector for Economic Growth
Next Article 46046239 Dc34 4431 9cd5 5dcefe2c4ef3 NAGAFF Inaugurates N500M Acquisition Committee In Commemoration of Silver Jubilee

Trending

Nigeria
NIWA-Backed Clean-Up Set to Transform Nigeria’s Blue Economy
News
Lagos
Lagos Secures €170m EIB Funding to Revolutionise Water Transport
Transport
Customs
Oyo/Osun Customs Seizes N3.2bn Contraband, Generates N28.5bn Revenue in Three Months
Customs
Tinubu
Tinubu Extends Customs CG Adeniyi’s Tenure by Six Months
News
MARAN
MARAN President, Oluyinka Onigbinde, Bags Maritime Reporter of the Year Award
News
PTML
PTML Acting Customs Controller Commends COWA as Nabila Miko Takes Over Chapter Chairperson
Customs
NCDMB
NCDMB Partners SNEPCo, LADOL to Train Young Nigerians in Supply Base Operations
Oil & Gas
Sanwo-Olu
Sanwo-Olu advocates technology-driven transport reforms
Transport
Unity
Urhobo Unity Takes Centre Stage as Onoharigho Hosts UPU Leadership in Abraka
News
News Point247News Point247

© News Point 247. All Rights Reserved | Site Developed by OutsourceNow.ng

  • Home
  • Privacy Policy
  • About Us

Removed from reading list

Undo
WhatsApp
Hello
Can we help you?
Open chat
Welcome Back!

Sign in to your account

Lost your password?