FG Launches Smart National Transport Databank

FG Launches Smart National Transport Databank

The Federal Government has inaugurated a Stakeholders’ Engagement Forum for the upcoming Smart National Transport Databank.

This according to the government is a significant step forward in enhancing the transportation landscape in the country.

In his keynote address at the launch held in Abuja on Tuesday, the Minister of Transport, Senator Sa’idu Ahmed Alkali, said the databank is expected to serve as a central repository for all transportation data, facilitating better decision-making through comprehensive, real-time information.

“This will support improved policy formulation and strategic planning, enabling the transportation sector to better meet the needs of Nigeria’s growing population and rapidly expanding economy in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu’s administration,” he said.

The Minister also outlined how the databank will promote efficiency and synergy across various modes of transportation, leading to cost savings, improved service delivery, and enhanced safety standards.

“By integrating advanced technologies like Artificial Intelligence (AI), the databank will provide dynamic insights into traffic patterns, logistic bottlenecks, and infrastructure needs, thereby improving the overall productivity of the transport system.

“Furthermore, the databank is set to stimulate economic growth by providing critical data for investors and businesses in the transport industry, encouraging more informed investment and fostering a competitive, robust economic environment,” the Minister added.

According to the Minister, the initiative has been met with great enthusiasm, as evidenced by the strong turnout of high-calibre participants, stakeholders, and resource persons at the forum.

“As Nigeria forges ahead with the establishment of the Smart National Transport Databank, the collaboration of all relevant agencies within the transport sector will be vital. We call on these agencies to actively participate by supplying necessary data, ensuring that the databank becomes a cornerstone of Nigeria’s transportation infrastructure.

“The inauguration of the Stakeholders’ Engagement Forum is just the beginning of this transformative project. As the Smart National Transport Databank takes shape, Nigeria is set to emerge as a leader in transport data management in Africa, setting a benchmark for others to follow,” the Minister concluded.

By PRNigeria