The Lagos State Government has held a Stakeholders’ meeting on its proposed Transport Policy at the Adeyemi Bero Auditorium, Alausa, Ikeja, saying the policy was designed to address the challenges plaguing the transport sector of the State occasioned by rapid population growth.

Addressing stakeholders, the State Commissioner for Transportation, Mr. Ladi Lawanson said that the increase in population was very vital to the growth of the State, therefore there’s a need to ensure the development of the transport sector in the light of the realities to prevent negative effects on the economy.

He noted that a good transportation policy usually plays a significant role in shaping and growing economies, as such, he hoped that the deliberations by the participants at the event will lead to decisions that will set the Lagos economy on a better course.

Professor Samuel Odewunmi, Dean, School of Transport at the Lagos State University, in his paper delivered at the event said the degree of investment in the sector will be determined by efficacy of the policy and proposed the establishment of the Transport Advisory Committee which will bring together relevant Ministries within the transport sector to create a comprehensive management structure.

While noting that the Ministry of Transportation has to be reorganised to install the needed framework to create and manage a dynamic transport system that meets the present and future needs of the State, Professor Odewunmi said the Committee will harmonise their transporters’ operations for seamless and well-coordinated results as well as ensure continuous human capacity development.

In his contribution, the Permanent Secretary, Dr. Taiwo Olufemi Salaam, appreciated participants for their support and contributions towards the formulation of robust transport policy and assured them of the Ministry’s commitment towards improving the transport sector of the State.

He also revealed that there are ongoing negotiations between the Ministry and Industrial Bank to access the Transport Trust Fund to help transporters meet set standards.