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Trucks Transit Parks Reflects Industry Impact, Future Opportunities

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Trucks Transit Parks third anniversary

By Modupe Gbadeyanka

A leading technology company specializing in mobility solutions, Trucks Transit Parks (TTP) Limited, is marking its third year of operations.

As part of this, the firm is reflecting on the significant impact it has made in the maritime and logistics industry.

TTP, since its inception to revolutionize the maritime and logistics sector in Nigeria through truck mobility solutions powered by technology, has emerged as a key player in driving port terminal efficiency, reducing traffic congestion, and creating new business opportunities within the Apapa port economic zone.

“Our third anniversary of operations provides us an opportunity to reflect on how far we have come in breaking the barriers to tech adoption in maritime and logistics, but also on the vast opportunities in the industry that are yet untapped,” the co-founder and Managing Director of TTP, Mr Jámà Ọnwụbụarịrị, stated.

Nigeria’s social and economic challenges present a fertile ground for innovation, and TTP has seized the opportunity to leverage technology to address these challenges.

With products like Ètò, an electronic truck call-up solution used to manage truck movement between various controlled facilities, and the recently launched Tafiyah, an online marketplace designed for the transportation of cargo; TTP has not only eased congestion but also provided solutions that maximize business opportunities for stakeholders while reducing carbon emissions and improving efficiency.

“Lagos State’s status as the tech hub of Africa is a testament to the talent and potential within our borders. We believe technology and innovation can transform Nigeria into an economic powerhouse in the mid-term,” Mr Ọnwụbụarịrị added.

TTP recognizes the importance of strategic partnerships with both private and public sector players in the maritime, infrastructure, and technology subsectors. These partnerships will enable TTP to deepen its value-adding services and contribute further to the growth and development of the industry.

“We are committed to actively seeking strategic partnerships with stakeholders across various sectors to drive innovation and create sustainable solutions,” he further disclosed.

As part of its commitment to innovation, TTP is also awaiting government approval to deploy for the Apapa and Tincan ports, its latest innovations, including Radio-Frequency Identification (RFID)/E-tags and the E-Callup Interchange Transaction Number (EITN), which will help to streamline truck movements within Lagos ports, improve security & access control as well as prevent illegal criss-crossing of trucks between terminals. These innovations are poised to further ease truck mobility challenges and enhance efficiency within the industry.

“Nigeria’s strategic location along the west coast of Africa makes us a maritime hub, and with the right initiatives and partnerships, we have the potential to unlock even greater opportunities,” Mr Ọnwụbụarịrị concluded.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Senate Passes Bill to Sanction Trading, Preaching in Buses

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trading inside buses

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.

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Company Gets Ultimatum to Stop Indiscriminate Truck Parking on Aina Obembe Road Baruwa

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Aina Obembe Road traffic agbaje

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.

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FG Rolls Out Green Tax, Cuts Vehicle Import Levies

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Green Tax Surcharge

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.

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