Business Hilights
Tracking Nigeria's Headline Business News Online

Emerging NTC to collapse all transport agencies, drive intermodalism

More details have emerged on the constitution of the National Transport Commission (NTC) whose bill is currently awaiting presidential assent.
Though the federal government through the Minister of Transportation, Chibuike Amaechi has announced that the Nigerian Shippers Council (NSC) will metamorphose into the NTC, further clarification has been made by the Executive Secretary of the agency, Barr Hassan Bello.
According to the Minister, “The Law (Bill) converts Nigerian Shippers Council to the National Transport Commission. The law has been passed by both houses of the national assembly and waiting for Mr. President’s assent”.
Amaechi recalled that the Senate had on March 16, 2018 passed the National Transport Commission (NTC) Bill. While the House of Representatives followed suit on April 12, saying “The Bill seeks to replace the Nigerian Shippers Council (NSC) with the National Transport Commission (NTC). The NTC, when operational will address the current state of the transport industry by creating efficient transportation economy well driven by transport intermodalism currently lacking in the transport sector”.
However, in a view to made further clarification, the Executive Secretary of NSC, Barr Bello averred that “it is not the shippers’ council alone that might constitute the NTC. Other agencies that have expertise in other areas will be co-opted. We will draw from aviation, NPA, railways and others so we can build the desired capacity and competence”.
Analysts say the new Commission have be overburdened by cross-fire of attention coming from all the major transport sectors even though the law provides better windows that will drive aggregate growth that will be powered by strategic management of each sub-sector.