Traxport, Vecturis seal investment deal to modernise Nigeria’s freight rail

Abiola Olawale
Writer

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By Obinna Uballa

Traxport Rail Services Ltd has signed a Technical Support and Investment Agreement (TSIA) with Belgian rail operations firm Vecturis, in a move aimed at transforming freight rail services in Nigeria.

The deal, announced in Lagos, will see Vecturis provide technical and managerial expertise as Traxport expands operations along the Lagos-Kano corridor and other routes. It follows an earlier investment in Traxport by CET Group.

Traxport chairman, Emeka Ndu, described the agreement as a turning point for the company, noting that Vecturis’ experience in similar markets would help Nigeria overcome operational bottlenecks.

“Together, we are not just moving goods—we are helping reshape Nigeria’s transport future in a cleaner, safer, and more efficient way, with LNG-powered locomotives that will also be moving LNG and CNG products across the country,” he said.

Vecturis CEO, Eric Peiffer, said Nigeria offered one of the most promising freight rail markets in Africa. “By combining our technical expertise with Traxport’s vision and local drive, we believe we can deliver a step-change in performance, reliability, and sustainability,” he stated.

The partnership is aimed at reducing road congestion, cutting carbon emissions and strengthening Nigeria’s logistics backbone.

Vecturis, with over 30 years of experience operating and rehabilitating rail networks across Africa, Asia and the Middle East, has previously executed projects in Congo, Mozambique, Cameroon and Madagascar.

The company was also part of the GE-led consortium once designated to operate Nigeria’s narrow-gauge railway network, giving it first-hand insight into the country’s rail sector.

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