• Road Construction & Maintenance PPI
• Tram System
• Transport Policy Document
• Transport & Security
• Alternative Fuels: LPG Bio fuels, Hydrogen
• Deregulation of Petroleum Products
• Pipeline Security & Petroleum Product Distribution
The Institute appreciates the need to develop integrated mass transit schemes in urban areas, interconnecting cities, states and local authorities. To minimise impact on environment and reduce transport costs. Development of reusable energy such as flex fuels, bio fuels (ethanol), LPG & Hydrogen to reduce dependence on imported refined products. It is unacceptable for a nation the size of Nigeria with its vast oil, gas and agricultural resources to be dependant on imported petroleum products.
Road Construction & Maintenance PPI: The development of feasibility reports on Public, Private Initiatives aimed at Private companies constructing motorways and roads, with tax concessions/holidays, provision of land and development rights along the path of the roads.
This policy can be executed with the New Towns Policy Initiative. Government as part of its master plan will locate virgin land for use to meet the expansion of the urban cities at the suburbs. The route will be surveyed and demarcated a minimum of 5km to 25km away from current city limits.
The construction of the route will be put to tender/auction for private companies to vie for the rights to design, construct and maintain the road or sections of the road based on minimum standards and parameters. The highest most competent bidder will be given the rights. Why would anyone bid for the rights to build roads. The challenge for the institute is to develop a report that will produce an economically viable proposal that provides the successful bidder with sustainable returns and asset appreciations.
Potential Income Streams:
Tolls, Sale of Land Rights for Petroleum/LPG distribution sites, sale & lease of Land Rights for the development of residential, commercial, recreational and industrial estates along the route, Sale of Utility rights to suppliers of power, gas, telephone and water, Sale and Lease income from advertising hoarding sites, Emergency Services and Breakdown recovery sites.
Benefit to the state:
Development of New road network at minimal cost to the state
Generation of Income from Auction
After Tax holidays, Tax income from the Toll revenue
Corporation Tax, Income Tax, VAT revenue
Stamp Duty on Land sales and transfers, Capital Gains tax
Improved security, Better maintained roads, increased safety due to standard of roads, accurate statistics on Traffic levels, and transport trends.
Construction of 5km to 25km stretch of (Dual Carriageway) A Roads, Street Lighting, Utility supplies: water, gas, power and telecommunications, Traffic lights at set intersections, underpass and by pass routes, round about, drainage provision, pedestrian walkways, land rights, advertising hoarding rights, petroleum & LPG distribution station rights, Tolls rights, Landed Property rights, CCTV, Security and Policing Provisions, Road Safety Provisions, Breakdown Service Provisions, Street Marking and Signage Provisions, New Town Developments, Road maintenance, regulations. Each road must be provide provision for it’s own independent power plant which will also service the new towns and new commercial estates, Computerised integratedroad management system.
Tram, Metro Lines & Ferry Services:
Development of a Tram System for State Capitals and Mega Cities such as Lagos, Ibadan, Kano, Onitsha and Port Harcourt.
The UK has seen the regeneration and creation of new tram systems which has helped to ease the congestion in major transport centres and reduced the flow of cars into town. The car is the dominant mode of transport in Nigeria, there was an initiative to develop a metro line which was shelved due to the state of the economy. Now that Nigeria’s fortunes are improving the need for a diverse transport system is more pronounced.
We envisage a system that does not rely on state funding but rather be wholly private owned with funding a combination of loan and equity funding: international/local sourcing, bonds stocks and shares and listing on the Nigerian Stock Exchange.
The advantage of a tram system is that it will require less disruption to existing infrastructure and can operate alongside and on existing roads. The system will have to be independently powered ideally by a gas turbine power plant making use of the available gas reserves that are being flared daily. The Plant therefore should be located close to the gas pipeline to Egbin. The system should link the Island with the mainland on to Ikeja and possible the international Airport. The system can have two lines one to the main land and the other on the island covering the Lekki axis. It will be ideal if both systems finish or commence at the same terminus.
The Development of Transport Policy Document:
This document will form the basis of a blue print for transportation solutions in for Towns, Cities, States and for Nigeria. Similar policies and programmes as developed by Transport for London, Hong Kong, New York, Paris& Singapore transport programmes etc. This blue print will be a continuously upgrading one that will be generic and adaptable to the particular needs of the various cities, towns, local governments and states within the Nation; with a specific policy for the mega cities such as Lagos, Ibadon, Kano, and Port Harcourt etc.
Looking at Google Earth one will observe that Lagos is highly centralised and there is a large expanse of land towards the lagoon and the hinterlands that are totally undeveloped. The concentration has not helped the transport infrastructure. The Land Use Act and haphazard nature of planning laws and building regulations has not helped. The lack of good road signing, Road markings/Lane demarcation, local maps and satellite navigation services makes commuting a nightmare for any new comer to Nigeria. Lack of proper lane and pedestrian marking has lead to chaotic driving conditions and encouraged bad road manners. The lack of constant power has also compounded matters, as streetlights and an effective computerised road management system cannot be operated.
Transportation and Security:
Most of ones time is spent in commuting from one location to another within the bustling city and there is a high propensity to be carjacked and suffer armed robbery. We are considering the use of a network of integrated CCTV cameras powered by solar panels sending images real time to a hub where all critical transport routes can be monitored to provide traffic easement solutions and also to provide security cover. This system will be used in conjunction with transport police and personnel who will communicate via radios. We also hope to use unmanned drones to survey the cities and develop survey imagery of the transport network. It is also envisaged that the drones will be used as part of the security network by providing real time images of incidents. The drones will be fitted with high power cameras that will be able to be used night or day. They can be tested on a length of motorway to show their effectiveness.
We need to develop an integrated transport policy and scheme that caters for the industrial expansion, population growth, needs of all users including pedestrians and particular cultural needs,
There is also a lack of a proper and effective mass transportation scheme encompassing, trains, light railways, trams, Orbital Motorways, air transport and ferry services. It is a scandal that the nations railway system has only just been updated since the last line built in the early 1900’s. the sad thing is that the new railway like the previous ones has been built primarily to service industry and getting products to the port than to cater for mass transportation. A great deal of work has to be done to create competition and services on the existing rail network. A massive investment into improving, upgrading, standardising and expanding the network is essential now, cooperation with The World Economic Forum, World bank, equity funding and other investors such as Virgin etc should be at the forefront of this exercise.
An integrated standardised rail network will lead to a boom in investment and development throughout the Ecowas Region. It is my hope that in our lifetime we will be able to take a train from Abidjan, through Accra, Lome, Coutonu, Lagos, through Abuja to Yaunde and other Ecowas cities.
Alternative Fuels: Bio fuels, LPG & Hydrogen:
Nigeria has vastly larger gas reserves than its oil reserves; much of it is still being flared during the exploration process. This is indeed criminal; strenuous efforts, tax holidays and other incentives must be provided to open up this market so that pressure on the demand for petroleum products is reduced.
India developed a policy for mass transit & commercial buses to run on gas, this is a nation that has little or no gas reserves. Nigeria flares gas every day in the millions of tons a year, further compounding the Green house effect. Annually many lose there lives due to sabotage on the nations petroleum pipelines. The momentous for their actions was the fuel shortage; however their actions exacerbated the position. WE have to develop a similar policy whereby all commercial vehicles and new vehicles must convert to gas by the year 2010. This will lead to the birth of a new industry and create thousands of new jobs, in gas converter services, LPG distributors, new gas service stations etc. These are some of the policies that we hope to develop in the Institute for the benefit of Investors and the Nation at large.
The institute will conduct reports in respect of developing gas conversion kits for cars and commercial vehicles with a view to using significant local content. The nation has sufficient supplies and LPG trains to meet anticipated local demand. There will also need to be development of new LPG plants to meet the anticipated growth. The government should also encourage a Ecowas doctrine on this matter so that the change to LPG can be across the whole of the sub continent. This change will result in significant savings to the end users gas being much more competitively priced than petroleum and it is also much more ecologically friendly.
Deregulation of Petroleum Products:
This is the panacea that will ensure the supply and development of both upstream and down stream sectors. As it stands investors are cautious to invest in refineries etc if they cannot sell their products at the market price. With competition and more entrants into the market supply and demand forces will ensure that prices will level out.
Nigerians are concerned that they have no dividends from the massive oil resources being tapped. Increases in petroleum products also impact severely on their lives largely because it is a major input in their lives. Kerosene is used largely domestically for cooking as domestic gas supplies are a very small proportion of the market, The lack of any mass transport schemes provides no alternative transport for those who cannot withstand the price hikes, Diesel is being used for Commercial hauliers and for electricity generation due to the lack LPG distribution outlets and the lack of constant power supply respectively. It is therefore very apparent and understandable that labour and the population in general will grumble at any increase in the price of petroleum products.
Pipeline Security & Petroleum Product Distribution:
Those callous individuals and conspirators who sabotage the nation’s pipe line networks are largely to blame for the current trend of massive importation of petroleum products. None of the countries refineries is operating to capacity if at all. The cost to the nation is billions of dollars and is a national disaster and should be treated as a national disaster. Making the networks secure should be the nation’s priority as this will help to ensure the safe delivery of petroleum products nationwide. It will reduce the number of Tankers on the roads and minimise long haul transportation which is very dangerous due to the dire state of the nations road network.
With the size of the nations military resources, the use of GPS systems, satellite imaging and other technologies, strategies must be urgently developed to ensure the security and viability of the networks. As in Isarael’s borders and the wall a special force must be dedicated to monitoring the countries network 24hrs a day. Once a leak has been discovered it must be sealed within 48hrs. As in Iraq specialist contractor firms should be engaged and paid commission for meting targets in this regard. Transfer of technology will also be necessary so that local firms can also be active in this regard.
The Institutes Aim For the Transport Sector:
a) Develop feasibility studies on cost & viability of New Road Scheme.
b) Provide feasibility reports for New Transport Policy
c) Provide Feasibility Reports on Deregulation of Petrolium.
d) Provide Reports on the Secureing Petroleum Pipeline Networks.
e) Develop policy document on Alternative Fuels adoption: LPG f)Develop regulations, policies and laws to encourage private sector involvement and competition in this sector.
f) Develop Reports for comanies and individuals wishing to invest in upstream & Down stream petroleum busineses and in constructin of roads.