Logistics and Mobility Sector: A Postmortem and
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Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19 A Paper presented at a 12th LASU Virtual Pubic Lecture on Staying Safe Against Covid 19 in Public and Private Transportation Date: Tuesday1st
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01
Logistics and Mobility Sector:
A Postmortem and Catalyst to
World Economic Recovery Post Covid 19 A Paper presented at a 12th LASU Virtual Pubic Lecture
on
Staying Safe Against Covid 19 in Public and Private Transportation
Date: Tuesday1st September, 2020 By
Comrade Kayode Opeifa<br>
A Postmortem and Catalyst to
World Economic Recovery Post Covid 19 A Paper presented at a 12th LASU Virtual Pubic Lecture
on
Staying Safe Against Covid 19 in Public and Private Transportation
Date: Tuesday1st September, 2020 By
Comrade Kayode Opeifa<br>
02
Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa Introduction
Transportation (Public or Private), Mobility and Logistics management sector remain one of the most compelling and sustaining factor in the World New Economic order post Covid. 19.
By definition, description and understanding; are all interrelated and could variedly overlap based on the discuss and school of thought.
For the purpose of this presentation, I plead to adopt the developmental and sustainable economic description to describe and interrelate the trio.<br>
Transportation (Public or Private), Mobility and Logistics management sector remain one of the most compelling and sustaining factor in the World New Economic order post Covid. 19.
By definition, description and understanding; are all interrelated and could variedly overlap based on the discuss and school of thought.
For the purpose of this presentation, I plead to adopt the developmental and sustainable economic description to describe and interrelate the trio.<br>
03
Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa Introduction
Thus,
it is the management of the processes of the free flow of goods, services, people, products, investments and trade.
It is the spatial management of the factors of mobility related to production including men, machine and money for the economic growth of the people.
Therefore transportation is not only of multimodal systems such as Rail, Road, Sea (Maritime) and Air but also include pipeline systems, logistics management and the associated supply chain management, factors of economic integration, and its globalization which by extension may include ICT deployment and some elements of telecommunication.<br>
Thus,
it is the management of the processes of the free flow of goods, services, people, products, investments and trade.
It is the spatial management of the factors of mobility related to production including men, machine and money for the economic growth of the people.
Therefore transportation is not only of multimodal systems such as Rail, Road, Sea (Maritime) and Air but also include pipeline systems, logistics management and the associated supply chain management, factors of economic integration, and its globalization which by extension may include ICT deployment and some elements of telecommunication.<br>
04
Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa Introduction continued
Efficient transportation is key for productivity and economic growth.
Mobility thus become one of the most important characteristics of economic
activity as it satisfies the basic need of going from one locationto the other.
Mobility is synonymous with transportation and it’s been associated with
GDP of nations.
According to Jean-Paul Rodrique and Notteboom;
“Economies that possess greater mobility are often those with
better opportunities to develop than those with scarce mobility”.
Reduced Mobility impedes development while greater mobility is a catalyst for development.
Mobility is thus a reliable indicator of development.<br>
Efficient transportation is key for productivity and economic growth.
Mobility thus become one of the most important characteristics of economic
activity as it satisfies the basic need of going from one locationto the other.
Mobility is synonymous with transportation and it’s been associated with
GDP of nations.
According to Jean-Paul Rodrique and Notteboom;
“Economies that possess greater mobility are often those with
better opportunities to develop than those with scarce mobility”.
Reduced Mobility impedes development while greater mobility is a catalyst for development.
Mobility is thus a reliable indicator of development.<br>
05
Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa Mobility, logistics as well as the supply chain management sector of Most National and World economy remain one of the most hit by the Covid 19 pandemic just as it remain the major endemic sector in its spreed worldwide.
Back in History
Also key is that the Transportation, Logistics, Mobility and the supply chain management sector were among the most affected according to the World Trade Organisation 2020 report and the NBS 2020 Q1 and Q2 GDP report.<br>
Back in History
Also key is that the Transportation, Logistics, Mobility and the supply chain management sector were among the most affected according to the World Trade Organisation 2020 report and the NBS 2020 Q1 and Q2 GDP report.<br>
06
Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa The Transport/Mobility/Logisticts and Supply chain sector:
Tourism/pleasure
Air Travel
Maritime/Sea Cruises
Land transport
Rail Transport
Logistics
Supply Chain management (Manufacturing, SME and MSME)
Hospitality (Restaurants, Leiisures)
Entertainment
Key to World Trade and Economic Sustainability
ICT and Communication
Mobility, Safe and Efficient Mobility
Uninterrupted, Sustainable Logistics and Supply chain management
Sustainable Cost of goods, Production cost
Relative ease of doing business
Technology
Sustainable development<br>
Tourism/pleasure
Air Travel
Maritime/Sea Cruises
Land transport
Rail Transport
Logistics
Supply Chain management (Manufacturing, SME and MSME)
Hospitality (Restaurants, Leiisures)
Entertainment
Key to World Trade and Economic Sustainability
ICT and Communication
Mobility, Safe and Efficient Mobility
Uninterrupted, Sustainable Logistics and Supply chain management
Sustainable Cost of goods, Production cost
Relative ease of doing business
Technology
Sustainable development<br>
07
Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa Some economic sectors greatly affected, Worldwide.
Air travel: International and cross borders
Education: Schools closed
Hospitality: Near total locldown
Tourism: Almost grounded
Cruises: Total lockdown<br>
Air travel: International and cross borders
Education: Schools closed
Hospitality: Near total locldown
Tourism: Almost grounded
Cruises: Total lockdown<br>
08
Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa Covid 19 Pandemic and Some Mobility related Specifics by WTO
(Business and Transport 2020):
Key points
To contain the spread of COVID-19, many WTO members imposed temporary border closures and travel restrictions.
The severe restrictions on cross-border movement are not motivated by trade considerations but by public health reasons.
Nevertheless, they have had a significant impact on trade.
Initial sweeping travel barriers have been replaced by more fine-tuned policies, aimed at improved mobility.
2. International trade and investment have always relied on the cross-border mobility of individuals.<br>
(Business and Transport 2020):
Key points
To contain the spread of COVID-19, many WTO members imposed temporary border closures and travel restrictions.
The severe restrictions on cross-border movement are not motivated by trade considerations but by public health reasons.
Nevertheless, they have had a significant impact on trade.
Initial sweeping travel barriers have been replaced by more fine-tuned policies, aimed at improved mobility.
2. International trade and investment have always relied on the cross-border mobility of individuals.<br>
09
Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa Covid 19 Pandemic and Some Mobility related Specifics by WTO (Business and Transport 2020):
Key points
3. A significant amount of services trade requires physical proximity between producers and consumers.
4. Border measures and travel restrictions have had a particularly heavy impact on sectors such as tourism and education services.
5. Mobility barriers significantly affect trade in goods, through their impact on transport services and transaction costs.<br>
Key points
3. A significant amount of services trade requires physical proximity between producers and consumers.
4. Border measures and travel restrictions have had a particularly heavy impact on sectors such as tourism and education services.
5. Mobility barriers significantly affect trade in goods, through their impact on transport services and transaction costs.<br>
10
Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa Covid 19 Pandemic and Some Mobility related Specifics on cost of transport (Dataphyte Aug 2020):
Transport fare increase
According to the June 2020 Transport Fare Watch report for Nigerian cities and states based on NBS report for Q2 2020:
Intra city transport cost increased by at least 10% between January and June 2020.
By extension, intra-city bus fare increased by 14 per cent
and intra-city water transport fare increased by 10 per cent.
But motorcycle/ okada fare, arguably the most accessible means of transportation for poorer individuals, increased by a whopping 19%
The data also revealed that the median increase in transport fare in states across the country was over 18 per cent for intra-city bus transport fare and motorcycle transport fare.<br>
Transport fare increase
According to the June 2020 Transport Fare Watch report for Nigerian cities and states based on NBS report for Q2 2020:
Intra city transport cost increased by at least 10% between January and June 2020.
By extension, intra-city bus fare increased by 14 per cent
and intra-city water transport fare increased by 10 per cent.
But motorcycle/ okada fare, arguably the most accessible means of transportation for poorer individuals, increased by a whopping 19%
The data also revealed that the median increase in transport fare in states across the country was over 18 per cent for intra-city bus transport fare and motorcycle transport fare.<br>
11
Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa GDP SECTOR GROWTH IN THE LAST FOUR YEARS(%ANNUAL)
Nigeria’s GDP contracts by 6.10% in Q2 2020, as critical sectors declined
For the second quarter of 2020, only 6 sectors experienced positive growth, leaving 13 sectors with negative growth.<br>
Nigeria’s GDP contracts by 6.10% in Q2 2020, as critical sectors declined
For the second quarter of 2020, only 6 sectors experienced positive growth, leaving 13 sectors with negative growth.<br>
12
Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa GDP SECTOR GROWTH IN THE LAST FOUR YEARS(%ANNUAL)
Nigeria’s GDP contracts by 6.10% in Q2 2020, as critical sectors declined<br>
Nigeria’s GDP contracts by 6.10% in Q2 2020, as critical sectors declined<br>
13
Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa In Conclusion Way Out
Improve World and National Transport Indices (Freight, Haulage)
Safe, Efficient and Reliable Air Travel
Safe Maritime and logistics movement
Safe and improved supply chain management
Safe, reliable and efficient public/private transport system (CI, MPI). Revisit the Presidential report of 2014 on National Policy on Mass Transit in Nigeria
Investment in Transport infrastructure.
Release and implement report of the review of the Nigeria Automative Policy of 2014<br>
Improve World and National Transport Indices (Freight, Haulage)
Safe, Efficient and Reliable Air Travel
Safe Maritime and logistics movement
Safe and improved supply chain management
Safe, reliable and efficient public/private transport system (CI, MPI). Revisit the Presidential report of 2014 on National Policy on Mass Transit in Nigeria
Investment in Transport infrastructure.
Release and implement report of the review of the Nigeria Automative Policy of 2014<br>
14
Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa In Conclusion Way Out
H
Reduction on the impact of Transport on Cost of Goods
Improved funding for the Transportation related sector of the economy
Improved Public Health and identifying options to implement travel measures that meet public health protection objectives while minimizing the negative effects on trade
Bail outs, Grants and subsidy consideration for the operators of the sector. (N10B GROSSLY inadequate)
Aviation Cargo, Passenger
Rail Transport Freight, Haulage and Passenger
Public transport
Tourisim No Mobility No Tourism
Hospitality Very Critical<br>
H
Reduction on the impact of Transport on Cost of Goods
Improved funding for the Transportation related sector of the economy
Improved Public Health and identifying options to implement travel measures that meet public health protection objectives while minimizing the negative effects on trade
Bail outs, Grants and subsidy consideration for the operators of the sector. (N10B GROSSLY inadequate)
Aviation Cargo, Passenger
Rail Transport Freight, Haulage and Passenger
Public transport
Tourisim No Mobility No Tourism
Hospitality Very Critical<br>
15
Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa Mr Vice Chancellor Sir
Deans,
especially Dean School of Transport
Distinguished Ladies and Gentlemen
Thank You<br>
Deans,
especially Dean School of Transport
Distinguished Ladies and Gentlemen
Thank You<br>