Thursday, May 23, 2013   
      
     

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URBAN MASS TRANSPORTATION
 

Organized mass transportation system is a challenge to all Nigerian cities.  Although some cities such as Lagos and Abuja have introduced bus mass transit systems, we believe that additional investments are needed in this sector given Nigeria’s large and growing population.

Can Nigerian cities cope with mass transit challenges in the next 10 to 15 years? The example of traffic congestion in central Port Harcourt today provides a warning that planning for the future is critical. At UDBN, we believe that Nigerian cities must invest more in their transport infrastructure today in anticipation of tomorrow’s demands.

We are rapidly developing financial and technical capacity to provide urban mass transport solutions for Nigerian cities in the areas of light rail networks, waterway and shuttle vessels, as well as bus services. The choice of a particular solution strategy will depend on a careful assessment of local demand conditions, population growth forecasts as well as economic feasibility.

 
News Update
Public Mass Transit Revolving Fund Scheme
The Federal Government of Nigeria in its bid to address the transportation challenges being experienced nationwide, has established a Public Mass Transit Revolving Fund with the objective of increasing the availability of vehicles to the public through eligible transport operators across the country.
Read more >>  
Click here for online application form
 
Resources & Publications
 
  Urban Development Bank of Nigeria signs a cooperation agreement with the Development Bank of Southern Africa
 
 
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