Transportation & Logistics
By Ibileweb
Published On April 26, 2024
A survey conducted by Royal Haskoning in 2007 revealed that Lagos is a high-demand environment with a massive commuter population in the Central Business District at an estimate of ~2.5 million per day.
This sector is dominated by road transport accounting for ~85% of commercial and passenger transportation in Nigeria; and ~90% in Lagos. According to LAMATA, there are ~222 vehicles for every kilometer in Lagos State which is more than the national average pinned at ~11 vehicles for every kilometer of pliable road.
The Lagos State Investor Handbook 2012 states that over 70% of Lagos State is accessible by water. With ~22% of its 3,577 km2 land mass being lagoons and creeks, the waterway transport system when developed is expected to relieve the pressure on the road and rail transport infrastructure, with additional benefits to warehousing, storage, and logistics services in the State.
Ibile Holdings Limited is keen to develop the waterways, as this area is virtually unexplored and a water-based transit system has huge potential to ease up the bottleneck currently experienced by the commuters in Lagos State.
Growth through innovation
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Increased profits
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Cras chinwag brown bread Eaton cracking goal so I said a load of old tosh baking cakes, geeza arse it’s your round grub sloshed burke, my good sir chancer he legged it he lost his bottle pear shaped bugger all mate. The creators of the theme are happy with the response and have vowed to create further themes exploring the same concepts
Get more
Email: info@ibileholdings.com
Location: 2nd Floor, Kajola House, 62/64 Campbell Street, Lagos Island, Lagos State.
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