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The Impact Of Transportation On The Nigerian Economy (1980 – 2010)
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1.2 STATEMENT OF THE PROBLEM
In the transportation sector of Nigeria
economy, there are numerous problems which the transportation sector
faces. These problems are great source of concern to economic and the
government at large. The transport sector virtually serve as source of
foreign earning and equally means of conveying goods and services to the
nooks and crannies of the country.
Transportation economics
encompasses, air, sea and land transportation system with specification
reference to Nigeria, the road transportation system is the most widely
used of all forms of transportation system.
Hence, the federal state
and local government have ensured that road transport infrastructure
develop in all federation. However, inadequate of credit facilities has
been identified as a major obstacle for improving transport in Nigeria.
The federal government in its desire to encourage the development of
transport sector has put in place certain facilities to the transport
sector through various schemes and policy guide lines.
Transportation
infrastructures (roads, rail, airports and seaports) are the arteries
for the free flow of people, goods and information, three things
necessary in a manufacturing and export economy. If eyes are the light
to human soul, then the airports and seaports are the eyes that
international business travelers see a country with. How important there
transportation infrastructures are to the manufacturing economy is as
good as anybody can gives. But that will not stop me from talking about
it.
The domestic need for transportation infrastructure brings with
the possibility to become an important link in the regional
transportation system in the movement of goods manufactured in the rural
areas (where most manufacturing facilities should be located anyway).
There is a need of there transportation infrastructures it cannot
continue, the age – living neglect of these transport systems. Also
there is a need to revive water way and railway transportation. The age –
long neglect of these transportation if Nigeria wants to become a
manufacturing economy. A country cannot become a manufacturing giant
without well – connected inner perimeter roads airports, seaports and
railroad stations.
Government cannot display possibly all these
without the involvement of private entrepreneurs in the building of
transportation infrastructures, such as the management of airports,
railroads, seaports, and state collection of tolls of the maintenance of
perimeter roads and highways. For Nigeria to reach the goal of becoming
a manufacturing economy in 2020 (what we at Nigerian Entrepreneurial
Leadership call 24 hours economy) the country must attend to the glaring
and urgent needs of using water and rail means of transport to reduce
pressure on the road system and boost productive activities and
employment country wide, especially in the rural areas.
The neglect
of rail and waterways for decades has contributed to the nation’s
dependence on food importation, as agricultural produce from one part of
the country cannot be transported cheaply to other parts. Lack of cheap
means of transportation has discouraged many farmers whose harvests
perished because they could not access the market. Also, the nation has
continued to reduce the same socio-economic loss from the future to
expand railway network to all the states, so that agricultural produce
could be moved cheaply to urban markets. Rural development proclamation
will just be that, proclamation, unless transportation infrastructure
network is build to encourage free flow of people and goods.
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ABSRACT - [ Total Page(s): 1 ]What if the transportation section, stagnant, almost every section of any given economy will not perform well as expected. Te importance of transportation in developing or advanced economics cannot be over emphasized. Transport is one of the main sector that remains as the cornerstone of every nation for achieving growth and development as well as gaining political and economic independence. The study shows the relationship between transportation and economic development and also the level of th ... Continue reading---
