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Traxport Rail Services Ltd, a Nigerian rail freight company focused on delivering efficient and modern logistics solutions, has announced the signing of a Technical Support and Investment Agreement (TSIA) with Vecturis, a leading Belgian rail operations and management company, marking a major milestone in Traxport’s mission to deliver operational excellence and sustainable rail freight solutions in Nigeria.
The agreement follows the recent investment by CET Group in Traxport Rail Services Ltd and will see Vecturis provide hands-on technical and managerial support as Traxport scales freight rail operations along the Lagos–Kano corridor and beyond.
According to Emeka Ndu, the Chairman of Traxport Rail Services Ltd, “This partnership marks a turning point for Traxport Rail Services. Vecturis’ wealth of experience in similar markets will enable us to leapfrog operational challenges and fast-track the delivery of modern, sustainable freight rail solutions for Nigeria.
“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.”
The Chief Executive Officer (CEO) Vecturis s.a,Eric Peiffer, noted that “We are delighted to formalise our collaboration with Traxport Rail Services. Nigeria has one of the most promising rail freight markets in Africa, and our previous engagement in the sector has given us a clear understanding of its opportunities and challenges.
“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 for Nigerian freight rail.”
The collaboration aligns with Traxport’s commitment to reducing road congestion, cutting carbon emissions, and unlocking economic opportunities by modernising Nigeria’s freight rail infrastructure and introducing LNG-powered locomotives to move LNG and CNG products safely and efficiently.
Vecturis, headquartered in Belgium, brings over three decades of proven expertise in operating and rehabilitating rail networks in challenging and fast-growing markets across Africa, the Middle East, and Asia.
Their portfolio includes successful projects in the Democratic Republic of Congo, Mozambique, Cameroon, and Madagascar, where they have implemented modern operating systems, improved service reliability, and introduced advanced locomotive and wagon technologies adapted to local environments.
Recall that Vecturis was the designated operator for the proposed concession of Nigeria’s narrow gauge railway network under the General Electric (GE)-led consortium.
Although the concession was ultimately abort
Source: Championnews.com.ng | Read Full Story…
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