Logistics and Supply Chain Infrastructure in Nigeria
- The Trade Adviser
- Oct 24, 2024
- 1 min read
Updated: Jun 5
Nigeria's logistics and supply chain systems face significant challenges that hinder economic growth. Poor road conditions, a lack of storage facilities, and limited use of technology are just a few of the issues. These problems not only affect businesses but also impact vital sectors like agriculture, leading to food insecurity and reduced farmer incomes. To improve these systems, the government and private sector must work together to modernize infrastructure and integrate technology. This article explores the current state of logistics in Nigeria, the effects of these challenges, and the steps needed for improvement.
Key Takeaways
Nigeria's road infrastructure is in poor condition, with over 70% needing repairs.
Agricultural losses due to inadequate storage can reach 40%, affecting food security.
Government committees are working to improve air cargo facilities with modern infrastructure.
Technology adoption in supply chains is low, leading to inefficiencies in operations.
Public-private partnerships are essential for funding and expertise in infrastructure projects.