SAN FRANCISCO, December 23, (THEWILL) – Minister of Transportation, Chibuike Amaechi, Wednesday disclosed that the Federal Government is developing a national transportation master plan to diversify the economy and improve non-oil sector revenues.
Amaechi disclosed this at a briefing after a tour of facilities at the Lagos Airport, saying the master plan would reduce unemployment and develop the rural economy.
“Government is determined to fully exploit the potentials of the transport sector by opening it up for new investment,” he said, saying if properly positioned “the transport sector holds the key to unlocking economic potentials for the country.”
He identified the problems of the sector to include bad roads, inadequate fleet and airplane services as well as congested ports.
“The government of President Muhammadu Buhari is in the process of developing a national transportation master plan that will be implemented as a fulfilment of one of his campaign promises to diversify the national economy while improving non-oil sector revenues,” he said.
