General Manager, SIFAX Haulage & Logistics Limited; Mr Adewale Adetayo, has called for action against un-roadworthy articulated trucks conveying cargoes on the nation’s highways.
Mr Adetayo confirmed that a good number of the trucks plying the country’s roads are rickety in nature, and that they put the lives of other road users and the goods they convey at risk.
While commending government’s relevant agencies for their efforts in this regards, he urged them to be more stringent in order to rid our roads of all rickety and badly-maintained trucks.
Speaking further on the company’s recent acquisition of 20 new trucks by SIFAX Haulage & Logistics Limited, Adetayo said increase demand by customers, as well as creation of more job opportunities account for the purchase that takes its fleet strength to 75. He said this has now positioned the company to undertake good delivery in any part of the country and beyond.
He however urged the Federal Government to fix all the dilapidated roads that are prevalent all over the country, so as to boost the haulage sector of the nation’s economy.
He noted that the sector is lacking fresh investments as many potential investors are scared because of the potential risks their investment may be exposed to as a result of the deplorable conditions of the major highways in the nation.
Giving an insight into haulage business, he said, it “has a very huge potential but not much attention is paid to it. The sector currently accounts for over N200 billion turn-over, with an estimated growth rate of about 10% per annum”.
He added that: “If you look at the assessment of the Logistics Performance Index, Nigeria ranks 90th out of 160 countries, which is very poor.
One of the major challenges confronting the sector is that of bad road. If you also consider the road landscape in Nigeria, the Federal Government has about 18% of the road network, state government about 16% and the local governments about 68%. The sad thing is that more than 70% of the traffic on the road is basically on the Federal roads which represent just 18% of the country’s total landscape”.
Adetayo noted that the sector will experience a quantum leap in growth and investment if all the federal roads and other necessary infrastructure can be fixed.
He debunked the insinuation that there more than enough trucks on the roads, adding that the continuous expansion of the country’s economy necessitates frequent movement of goods from and into the country. He noted that the proper implementation of the Ease of Doing Business will encourage more local and foreign investment in the sector.