Minister of Transportation, Chibuike Amaechi, on Wednesday said the Federal Government is developing a national transportation master plan to diversify the economy and improve non oil sector revenue.
The minister said the master plan will reduce unemployment, develop the rural economy and reduce unemployment.
Amaechi spoke at a briefing after a tour of facilities at the Lagos Airport.
He said government is determined to fully exploit the potentials of the transport sector by opening it up for new investment.
He said if properly positioned, the transport sector holds the key to unlocking economic potentials for the country.
He identified the problems of the sector to include bad roads, inadequate fleet and airplane services as well as congested ports.
Amaechi said, “The government of President Muhammadu Buhari is in the process of developing a national transportation master plan that will be implemented as a fulfillment of one of his campaign promises to diversify the national economy while improving non oil sector revenue.
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