Low investment
Capital Importation (US$ Thousand)

Capital Importation (US$ Thousand)

Massive capital expenditure in Transport budgeted for 2016
Budgetary Allocation (Billion ₦)

Budgetary Allocation (Billion ₦)

Capital Importation: Since the dramatic decline in 2013, private and government sector investments in the sector have remained low in 2016. 

Budgetary Allocation: Budgetary allocations to the transport sector have continued to fall since 2010. However, the budgetary allocations for capital expenditure rose exceedingly in 2016 reflecting the President’s commitment to improve infrastructures, particularly in transport sector.

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