Informal Transport Sector Hinders Accurate Measurement Of Nigeria’s GDP

Nigeria’s largely informal transport sector is making it difficult to accurately measure its contribution to the national economy, prompting stakeholders to call for measures to bring more operators into the formal system.
The challenge was highlighted at the 2026 National Conference and Annual General Meeting of the Chartered Institute of Logistics and Transport (CILT) Nigeria, where participants stressed the need for stronger regulation, reliable economic data and better coordination across the transport industry.
Speaking at the conference, the Special Adviser to the Vice President on Transportation, Segun Obayendo, said the informal nature of significant parts of the road transpor...