Connect with us

General News

Leveraging Technology in the Logistic Industry

Published

on

Obi Ozor, Co-Founder, Kobo360.com with CFA
Kindly share this post

The Logistic industry is a multi-million Naira industry, but it is faced with a number of challenges. A number of Startups are trying to use technology to bring greater efficiency to the sector. One of such Startups is Kobo360.com, a Logistic platform, leveraging technology in the Logistic industry.

I recently had a chat with Obi Ozor, Co-Founder, Kobo360.com and he spoke at length on the problems and prospects of the Logistic industry.

Obi stated that the Logistic industry, from the African market perspectives, is worth about $300 billion.

He further emphasised that the industry has different branches, such as the e-courier, trucking and air and sea freight, but in Nigeria, we are more into the e-courier and trucking branches of the Logistic industry. “The trucking branch of the industry is about $80 billion across Africa, while in Nigeria, it is about $18 billion. The e-courier projection is about $2 billion”, he maintained.

Obi is of the opinion that, although, the reward derived from the Logistic industry is huge, so are the challenges therein, because, it is a tough line of business to venture into.

He said that he decided to venture into the Logistic business because, it is the heartbeat of any economy. He alluded to the importance of transporting the products from one point to the other, citing the example of the fact that the building of the railways in the USA, aided, in no small measure, the movement of goods during the industrial revolution.

He maintained that the Logistic is the foundation of economic development. “We know, of course that, if e-commerce and the new technology industry will flourish n our continent, we actually need to solve that underlying factor”, he stated.

Obi stated that his plans to use technology to in order to bring about change in the Logistic industry will come in phases.

“Of course, a Startup has limited capabilities. You don’t have some of the financing or experience, but from the little experience that we have, and our being open to learning, we know that there are few things that technology can do”, he reiterated.

He gave the example of how technology can bring about transparency in pricing in the e-courier sector of the Logistic industry. He also stated that, technology can assist in aggregating all the trucks available in the country in one place, for the people who need the services t access them easily.

Obi stated that those in e-commerce can, actually, not solve their Logistics problems alone, even though, just because they are investing in it as it is a wrong move on their part. “Logistic is big business that has serious challenges and one of the problems in Logistics is that, it requires serious execution and operations.

It is not an industry where you just an idea and you come in and things will start working”, he noted. He stated further, that, the Logistic industry should be left to solve the Logistic problems while the e-commerce operators need to trust them to solve it.

On cash or pay on delivery, Obi stated that this originated from India and we have copied it here in Nigeria, but we need to modify it to what works for us, such as looking for a safe place to make the exchanges of the deliveries and cash payments as the lives of dispatch riders are jeopardised on daily basis. He also stated that, many for the e-commerce companies do not have infrastructure in every part of the country, so, there is the need to work with government on this.

Talking about competition, Obi stated that the Startups , like his own, hope to hope to apply innovation to the business, to enable him to compete favourably with the big names in the industry.

He reiterated that that, one thing that his company has has, is the ability to listen and understand the problems and solving them, in conjunction with the stakeholders, of which the customers are a part.

He emphasised that, Logistic is too complex an industry for a single person or company to solve alone. He maintained that there is the issue of capacity, when it comes to Logistics, hence, all stakeholders must come together to solve those issues.

Speaking on how he intends to deal with user education in the Logistic industry, Obi stated that, although, it is a big problem, two-day a week sessions are, however, organised for drivers, free of charge, where they are taught and tested on basic understanding on how to operate all those expensive assets and customer service.

He stated that the easy design of the platform, with mostly clicks , with less texts to make it easy  for the users to apply and operate and there is also theR & D, which is set to develop a voice only app, to make the users more comfortable, by bringing everything down to their level.

 


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

General News

FG, Others Say Nigeria Wastes 38m Tonnes of Food Annually

Published

on

Kindly share this post

Federal government, The European Union (EU), and the United Nations Industrial Development Organisation (UNIDO) have called for urgent and coordinated action to curb food waste and promote sustainable consumption and production practices.

FG, Others Say Nigeria Wastes 38m Tonnes of Food Annually

They warned that when food is wasted, the water, energy, and labour invested in its production are also lost, accelerating climate change and undermining global efforts to build a zero-waste, circular economy.

Speaking in Abuja at the commemoration of this year’s International Zero Waste Day, themed “Food Waste Reduction: Minimisation and Valorisation,” Zissimos Vergos, deputy Ambassador of the EU Delegation to Nigeria and ECOWAS, disclosed that Nigeria wastes approximately 38 million tonnes of food annually, more than any other country in Africa.

He further noted that globally, in 2022 alone, nearly one billion tonnes of food—almost one-fifth of all food available to consumers—was wasted.

“This is not just a loss of food; it is a squandering of precious resources, a missed opportunity to combat hunger, and a direct threat to our planet’s health,” he said.

Vergos stressed that food loss and waste are major drivers of environmental degradation, contributing up to 10 per cent of global greenhouse gas emissions—nearly five times the emissions of the entire aviation sector—and accounting for as much as 40 per cent of global methane emissions.

Highlighting Nigeria’s ongoing efforts, he said: “The Nigeria Circular Economy Roadmap, the establishment of the Interministerial Circular Economy Committee, the push to develop a National Plastic Waste Management Regulation, these are not small gestures. These are structural shifts.

“They signal that Nigeria is not waiting for someone else to solve its problem; it is building the system to solve it from within. Now, today’s theme: food waste reduction, minimisation and valorisation, is the right conversation at the right moment.”

Vergos also shared three key lessons from the EU’s experience to support Nigeria’s efforts. First, he urged investment in rural infrastructure, including roads, storage, and cold chains, to address post-harvest losses beyond the farm gate. Second, he emphasised the need to promote agro-processing by converting fresh produce into value-added products such as tomato paste and cassava flour, while linking smallholder farmers to processors and markets.

Third, he called for embedding zero-waste principles, recycling, and resource efficiency into school curricula from the primary level to foster a culture of sustainability among future generations.

Reaffirming the EU’s commitment, he stated, “The EU stands ready to be your partner in that work, through funding, through technical cooperation, and through genuine solidarity.”

In his keynote address, Balarabe Abbas Lawal, minister of Environment, reiterated the Federal Government’s commitment to environmental protection and sustainable practices aimed at safeguarding the health and well-being of Nigerians.

“Food waste remains a significant challenge that affects not only our environment but also our economy and society. Every discarded meal represents wasted resources such as water, energy, labour, and capital, while Nigerians continue to face food insecurity.

Addressing food waste is therefore central to sustainable development and ensuring a healthier future for all,” he said.

He added: “The Federal Ministry of Environment, in this year’s national appropriation, has developed projects on food waste elimination in major markets around Nigeria. And this is to show you that the Federal Ministry of Environment is tackling the issues of food waste at its core, especially post-harvest losses.”

Stressing the broader impact, he noted that addressing food waste aligns with the Ministry’s core objectives. “Reducing food waste will not only help to lower pollution and greenhouse gases, but also conserve valuable resources and promote more efficient and responsible consumption patterns across households, businesses, and institutions,” he added.

Also speaking, Amb. Philbert Johnson, Director and Representative of UNIDO’s Sub-Regional Office in Nigeria, emphasised that food must not be wasted, especially in a country grappling with food insecurity and malnutrition.

“Food is far more than a commodity: it is a foundation of wealth, a driver of health, and a pillar of security. It sustains our homes, supports industries, and underpins the stability of our societies.

“When food systems function efficiently, they generate income, enhance resilience, and improve well-being. When food systems fail, when food is lost or wasted, the consequences ripple across our economies, our environment, and our communities.”

He reaffirmed UNIDO’s commitment to supporting Nigeria in building resilient, inclusive, and sustainable agro-industrial systems.


Kindly share this post
Continue Reading

General News

FG Orders Installation of 5000 CCTV Cameras for Surveillance in Plateau

Published

on

Kindly share this post

President Bola Ahmed Tinubu has directed the immediate installation of 5,000 CCTV cameras across identified flashpoints in Plateau State as part of urgent measures to address the worsening security situation in the state.

FG Orders Installation of 5000 CCTV Cameras for Surveillance in Plateau

The President gave the directive during an emergency visit to Plateau on Thursday, where he held a brief stakeholders’ meeting at the Yakubu Gowon Airport following the recent killings in Angwan Rukuba, Jos, where at least 28 persons were killed by unidentified gunmen.

Tinubu also approved the formation of a delegation of key stakeholders to engage in further deliberations on lasting solutions to the security challenges in the state.

He condoled with families of the victims and directed that support be provided to cushion their losses.

President Bola Tinubu while expressing deep sympathy to families of victims said the installation of surveillance cameras was part of a deliberate move towards addressing the kind of attacks that befell residence of the recent attack in the State.

In his remarks, Governor Caleb Mutfwang appreciated the President’s visit and show of concern, but expressed worry over the recent wave of attacks in the state, describing the situation as disturbing and requiring urgent attention.

The meeting had in attendance, former Governors, serving and former National and State Assembly members, traditional rulers, government appointees as well as relatives of those killed in the Angwan Rukuba attack.


Kindly share this post
Continue Reading

General News

FG Rolls Out N12Bn Digital Research Clusters to Boost Innovation Economy

Published

on

Kindly share this post

Federal Government yesterday unveiled a N12 billion investment in digital economy research, marking a strategic shift towards knowledge-driven development as Nigeria positions itself as a key player in the global digital landscape.

FG Rolls Out N12bn Digital Research Clusters to Boost Innovation Economy

Declaring the launch of the National Digital Economy Research Clusters under the Building Resilient Digital Infrastructure for Growth (BRIDGE) project, Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, said the initiative mobilises over 200 researchers from universities and research institutions nationwide to produce data-driven solutions for pressing national challenges.

Speaking at a press conference in Abuja, Tijani described the programme as an essential complement to infrastructure expansion, including the ongoing deployment of 90,000 kilometres of fibre optic cable across the country.

He stressed that sustainable growth in the digital sector now hinges on robust research, innovation and evidence-based policies rather than infrastructure alone.

“As Nigeria expands its digital economy, attention is shifting from infrastructure to the knowledge that drives it,” the minister stated, adding that the sector was emerging as a major contributor to national GDP.

The research clusters will tackle critical areas including connectivity, digital public infrastructure, skills development, job creation, online safety and emerging technologies such as artificial intelligence.

Tijani explained that the project aims to bolster Nigeria’s research capacity while ensuring local insights guide policy and technology adoption.

The Federal Ministry of Education is collaborating to synchronise academic research with national priorities and advance specialised training.

Minister of Education, Dr Tunji Alausa, underscored universities’ evolving role as hubs of innovation and problem-solving beyond traditional learning.

The BRIDGE project aligns with broader government strategies to promote digital inclusion, spur economic growth and elevate Nigeria’s competitiveness in the global digital economy.

Observers note that the programme’s impact will depend on effectively converting research findings into implementable policies across sectors.

For the administration, the message is clear: a resilient digital economy demands not just infrastructure, but the intelligence to power it.


Kindly share this post
Continue Reading

Trending