A major milestone for Nigerian transit was reached on M, June 15 as Boboye Oyeyemi, Ph.D, OFR, mni, NPOM, FCILT, President and Chairman of Council for Chartered Institute of Logistics and Transport (CILT) Nigeria, chaired the official signing ceremony of the Smart National Transport Databank (S-NTDB) Concession Agreement.
According to an official statement by CILT, the NITT-hosted event at the Transcorp Hilton, Abuja, paves the way for a transformative Public-Private Partnership
Following approval from the Federal Executive Council, this historic project unites NITT and Asia Arab Investment Nigeria Ltd in a transformative Public-Private Partnership. The initiative will establish Nigeria’s premier integrated, real-time multimodal transport databank, centralizing operations across all transit sectors, including road, rail, maritime, air, pipelines, and logistics.
In his remarks, the CILT President lauded the initiative as a major milestone for intelligent, data-driven transport governance in Nigeria. He praised the Federal Government, NITT, and key stakeholders for driving this visionary project forward.
Dr. Boboye emphasized that this milestone underscores Nigeria’s dedication to modernizing transit planning, traffic management, security coordination, and data-driven policymaking nationwide.
