Skip to content
Ova News NG

Ova News NG

Ova News NG feed V2

Primary Menu
  • HOME
  • NEWS
  • ENTERTAINMENT
  • SPORTS
  • POLITICS
  • WORLD NEWS
  • LIVE FOOTBALL SCORES
  • Home
  • NEWS
  • Traxport, Vecturis Sign Agreement To Modernise Freight Rail In Nigeria
  • NEWS

Traxport, Vecturis Sign Agreement To Modernise Freight Rail In Nigeria

ovanews 14 hours ago 2 min read
Share:
Traxport, Vecturis Sign Agreement To Modernise Freight Rail In Nigeria

Nigerian rail freight company Traxport Rail Services Ltd has signed a technical support and investment agreement (TSIA) with Vecturis, a Belgian rail operations and management company, to transform freight rail operations across Nigeria.

The agreement, which follows an earlier investment by CET Group in Traxport, will enable the Nigerian company to scale up services on the Lagos–Kano corridor, which is a major route for moving goods across the country.

Quoting Mr Emeka Ndu, the Chairman of Traxport Rail Services Ltd, “This partnership marks a turning point for Traxport Rail Services. Vecturis’s wealth of experience in similar markets will enable us to leapfrog operational challenges and fast-track the delivery of modern, sustainable freight rail solutions for Nigeria.

“Together, we are not just moving goods—we are helping reshape Nigeria’s transport future in a cleaner, safer, and more efficient way, with LNG-powered locomotives that will also be moving LNG and CNG products across the country.”

The Chief Executive Officer (CEO) of Vecturis s.a., Eric Peiffer, noted that “We are delighted to formalise our collaboration with Traxport Rail Services. Nigeria has one of the most promising rail freight markets in Africa, and our previous engagement in the sector has given us a clear understanding of its opportunities and challenges.

“By combining our technical expertise with Traxport’s vision and local drive, we believe we can deliver a step-change in performance, reliability, and sustainability for Nigerian freight rail.”

Udu said the collaboration aligns with Traxport’s commitment to reducing road congestion, cutting carbon emissions, and unlocking economic opportunities by modernising Nigeria’s freight rail infrastructure and introducing LNG-powered locomotives to move LNG and CNG products safely and efficiently.

Vecturis, headquartered in Belgium, has over three decades of expertise in operating and rehabilitating rail networks in challenging and fast-growing markets across Africa, the Middle East, and Asia.

Their portfolio includes projects in the Democratic Republic of Congo, Mozambique, Cameroon, and Madagascar, where they have implemented modern operating systems, improved service reliability, and introduced advanced locomotive and waggon technologies adapted to local environments.

Vecturis was the designated operator for the proposed concession of Nigeria’s narrow-gauge railway network under the General Electric (GE)-led consortium.

Although the concession was aborted, it provided Vecturis with first-hand operational insight into Nigeria’s rail infrastructure, regulatory landscape, and market dynamics.

The partnership promises to set new standards for freight rail operations in Nigeria and position rail as a safer and more sustainable alternative to the country’s road-dominated transport system.

Traxport, Vecturis Sign Agreement To Modernise Freight Rail In Nigeria is first published on The Whistler Newspaper

Facebook Comments Box
Share:

Related:

  • Nigeria–India defence deal will fast-track military reforms – Diaspora group
    Nigeria–India defence deal…
    NEWS
  • Goods worth millions razed as fire guts Lagos’ Arena Market
    Goods worth millions razed as…
    NEWS
  • Army Shakes Up Commands, Redeploys 17 Senior Officers
    Army Shakes Up Commands,…
    NEWS
  • Nigeria, Brazil To Sign Direct Flight Agreement During Tinubu’s Visit
    Nigeria, Brazil To Sign…
    NEWS
  • COAS announces major Army shake-up, names new commanders
    COAS announces major Army…
    NEWS

Continue Reading

Previous: ‘I can never get over it’ – Niniola on witnessing her father’s assassination
Next: Boat mishap: PDP condoles with families of victims in Sokoto as 25 remain missing

  • Recent
  • Jigawa Approves N7bn for Dry Season Rice Farming Programme
    • NEWS

    Jigawa Approves N7bn for Dry Season Rice Farming Programme

  • AfDB Warns Africa Bleeds $580bn Annually to Corruption, Illicit Flows
    • NEWS

    AfDB Warns Africa Bleeds $580bn Annually to Corruption, Illicit Flows

  • U.S. Report: Naira Devaluation Wipes Out Gains of Nigeria’s New N70,000 Minimum Wage
    • NEWS

    U.S. Report: Naira Devaluation Wipes Out Gains of Nigeria’s New N70,000 Minimum Wage

  • Dangote Cement Leads 39 Losers as NGX Ends in Red
    • NEWS

    Dangote Cement Leads 39 Losers as NGX Ends in Red

  • MetaMask Users Can Now Trade TRX, Stablecoins, NFTs on Tron
    • NEWS

    MetaMask Users Can Now Trade TRX, Stablecoins, NFTs on Tron

  • EPL: Chelsea’s 2025/26 squad numbers in full
    • NEWS

    EPL: Chelsea’s 2025/26 squad numbers in full

  • Benue Assembly rejects Gov Alia’s correspondence on commissioner nominees screening
    • NEWS

    Benue Assembly rejects Gov Alia’s correspondence on commissioner nominees screening

  • Court dismisses admission seeking pupil’s suit against Loyola Jesuit College
    • NEWS

    Court dismisses admission seeking pupil’s suit against Loyola Jesuit College

  • Police denied me access to doctor after breaking my hand – Sowore cries out
    • NEWS

    Police denied me access to doctor after breaking my hand – Sowore cries out

  • Change of plan as male chief priest carries sacred calabash at Osun festival
    • NEWS

    Change of plan as male chief priest carries sacred calabash at Osun festival

  • Jigawa Approves N7bn for Dry Season Rice Farming Programme
    • NEWS

    Jigawa Approves N7bn for Dry Season Rice Farming Programme

  • AfDB Warns Africa Bleeds $580bn Annually to Corruption, Illicit Flows
    • NEWS

    AfDB Warns Africa Bleeds $580bn Annually to Corruption, Illicit Flows

  • U.S. Report: Naira Devaluation Wipes Out Gains of Nigeria’s New N70,000 Minimum Wage
    • NEWS

    U.S. Report: Naira Devaluation Wipes Out Gains of Nigeria’s New N70,000 Minimum Wage

  • Dangote Cement Leads 39 Losers as NGX Ends in Red
    • NEWS

    Dangote Cement Leads 39 Losers as NGX Ends in Red

  • MetaMask Users Can Now Trade TRX, Stablecoins, NFTs on Tron
    • NEWS

    MetaMask Users Can Now Trade TRX, Stablecoins, NFTs on Tron

SECTIONS

  • ENTERTAINMENT
  • NEWS
  • POLITICS
  • SPORTS
  • WORLD NEWS
  • Live Football Scores ⚽

Hey There!!., Get all Latest Ova News Feeds on the Go! 👋

Sign up to receive all Our latest News content Recap in your inbox every weekend.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Quick Links

  • News
  • Entertainment
  • Live Football Scores
  • Premier League Scores

Legal

  • Terms of Use
  • Privacy Policy

Connect with Us

  • Contact Us
  • Advertise
Copyright © 2025 Ova News Network | Created by Ben Ova O. | All Rights Reserved.
pixel