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Haul247 Moves to Provide Haven for Trucks, Warehouses
By Adedapo Adesanya
With logistics recognised as the key to unlocking Africa’s commerce potential, Haul247, a Google Black Founders’ Fund grantee, has positioned itself as the continent’s Airbnb for trucks and warehouses.
Africa’s logistics industry remains fragmented, with informal carriers operating over 80 per cent of the market with one to three vehicles, indicating an urgent need to address the supply-demand mismatch since the ecosystem cannot optimize itself.
Experts argue that while the value of all logistics assets, including infrastructure and vehicles, can easily account for half of an advanced economy’s gross domestic product (GDP), Africa’s logistics sector continues to be hampered by a lack of supporting infrastructure, bottlenecks in service delivery, and a widespread informal approach to logistics business.
To tackle one of these critical issues, Haul247 founders; Mr Sehinde Afolayan, Mr Tobi Obasa and Mr Akindele Phillips believe that solutions to logistics in Africa that do not solve warehousing challenges will be more costly, inefficient, and risky.
For the trio, Haul247 was birthed after weeks of brainstorming to be the “Airbnb” for trucks and warehouses in Africa. The company’s value proposition is a unique platform offering opportunities for clients to transport and store their goods in one logistics ecosystem.
“Most companies cannot accurately predict and forecast since different vendors handle transportation and warehousing needs. This makes it hard for them to control, distribute and plan their logistics requirements effectively,” Mr Sehinde said.
He further noted, “Most manufacturing companies in Africa concentrate their manufacturing hubs in one city and move or distribute their products to other cities and towns across the countries. Typically, truck owners charge manufacturers and shippers exorbitant fees since they have to absorb the empty return leg.
“With Haul247, the system matches orders with available assets with our ‘Airbnb’ approach for trucks and warehouses. Partners are assured of reverse hauling, and shippers are charged less than they normally pay; this reduces transportation costs and guarantees efficient asset utilization.”
So far, Haul247 has onboarded 14 enterprise and FMCG businesses. The startup also has over a thousand trucks on its roster, with about 150,000 square meters of warehouse space available across multiple locations.
However, the company is not relenting in its objective to optimize logistics service delivery in key African markets. Over the next five years, Haul247 is looking to expand into other African countries. It is also working on upgrading its technology and integrating with key logistics ERPs to serve clients and partners better.
“Ultimately, we want to bring about increased efficiency in the logistics industry across the continent, improve trade mobility across African cities and commercial hubs, and provide better storage and financial products for our users,” Mr Afolayan noted.
By Modupe Gbadeyanka
A bill aimed at prohibiting hawking, trading or preaching inside commercial vehicles in Nigeria has been passed by the Senate.
The bill known as the Federal Road Safety Corps (Amendment) Bill, 2026, imposes fines between N50,000 and N100,000 for violations if assented to by the President.
The piece of legislation was passed by the red chamber of the National Assembly on Thursday and should later be transmitted to President Bola Tinubu for assent.
Members of the upper chamber of the parliament explained that the law was amended to discourage distractions in commercial vehicles and improve the safety of commuters.
In addition, motorists who fail to cooperate with officials of the Federal Road Safety Corps (FRSC) during roadside breath tests conducted on reasonable suspicion are liable to fines or imprisonment or both.
Lawmakers noted that this was to improve compliance with road safety regulations and reduce road crashes, as fines for driving under the influence of alcohol or intoxicating drugs were raised to N100,000 from N5,000, with the risk of spending two years behind bars.
It was also proposed that disobedience to traffic lights, road signs, pavement markings and other traffic control devices will now attract N100,000, while the fine for speed limit violations is now N100,000, with reckless driving now a fine of N100,000 or two years’ imprisonment.
By Dipo Olowookere
Residents and motorists plying the Aina Obembe Road in Baruwa, Ipaja, Lagos, may soon heave a sigh of relief as the excruciating traffic gridlock being experienced in the area both day and night may soon be a thing of the past.
This is because the chairman of Ayobo-Ipaja LCDA, Mr Lukmon Agbaje, has directed those involved in indiscriminate truck parking along the road to remove the heavy-duty vehicles within one week, threatening to invoke appropriate enforcement measures for noncompliance with this directive.
Speaking during a meeting on Wednesday with the management of SENA Company, which owns the affected trucks, as well as the leadership of Oluwadara CDA and other key stakeholders like the Lagos State Traffic Management Authority (LASTMA), at the council’s secretariat, Mr Agbaje frowned at the prolonged inconvenience suffered by the community, stressing that public roads must remain accessible and safe for all users.
He emphasised the need for a collaborative approach in resolving the issue without undermining legitimate business operations, noting that he’s focused on finding a lasting solution to the gridlock experienced between Oluwaga and Aina Obembe, where parked trucks have continued to obstruct traffic, disrupt business activities, and pose safety concerns for residents and motorists.
He tasked the firm and the CDA to jointly identify and implement alternative parking arrangements that would remove all trucks from the affected roads and restore the free flow of traffic.
He declared that, “The welfare of our people remains our highest priority. No individual or corporate organisation should obstruct public infrastructure or create avoidable hardship for residents. We must ensure that economic activities coexist with public safety, order, and convenience.”
The council chief reaffirmed his administration’s commitment to promoting orderly development, ensuring safe and accessible roads, improving traffic management, and creating an environment where businesses can thrive alongside the well-being of residents.
By Adedapo Adesanya
The federal government has cut import levies on new and used vehicles by as much as 10 per cent in a move aimed at reducing the cost of vehicle importation, even as it commenced the implementation of a new Green Tax surcharge.
According to an update issued by the Nigeria Customs Service (NCS) on Wednesday, the import levy on new vehicles has been reduced from 20 per cent to 10 per cent, while the levy on used vehicles has been slashed from 15 per cent to five per cent under the 2026 Fiscal Policy Measures, which took effect on July 1, 2026.
The customs said the policy is designed to ease the cost of vehicle imports while advancing the government’s environmental sustainability objectives through the newly introduced Green Tax.
The implementation also reduces the overall import duty on fully built passenger vehicles from 70 per cent to 40 per cent.
As part of the Green Tax framework, a new environmental surcharge of between two per cent and four per cent will apply to petrol-powered vehicles with engine capacities exceeding 2,000cc. However, mass transit buses, electric vehicles, and passenger cars with engines below 2,000cc are exempt from the surcharge.
Beyond the automobile sector, the fiscal measures also lower import duties on several essential goods. The duty on imported rice has been reduced from 70 per cent to 47.5 per cent, while crude palm oil now attracts a 28.75 per cent duty.
In addition, import duties on agricultural and manufacturing machinery have been completely removed to support local production, while Waste PET has been added to the export prohibition list to encourage domestic recycling.
