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The Impact Of Transportation On The Nigerian Economy (1980 – 2010)
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disappointing is the inability to maintain the existing north-south
colonial rail truck for the movement of goods. This is major reason for
the amalgamation of the north and the south by the colonial masters for
their easy management of movement of goods. Nigerian’s should debate
more on the economic manufacturing necessity of the north and south
areas, as well as the east-west areas; rather than the political
undertone. Consequently the decline in rural economic activities is
largely responsible for high rates of joblessness, crime and declining
quality of life, as the urban areas become overpopulated resulting in
environment problems, such as over-flow of garbage, lack of proper
drainage system.
The Nigerian Railways Corporation (NRC) monopoly law
should be abrogated and a regulatory framework set up to guide private
instruments in the rail transportation infrastructure. The lack of
interest, and failure to provide incentives, might have discouraged the
private sector from investing in rail and water transportation. Because
of the importance of this sector in a manufacturing economy, a form of
enterprise fund should be created with the purpose of promoting private
sector development in the rail and water transportation.
International
business travelers must agree that Airport security and foreign
investment go hand in hand. Travel is a basic necessity for business to
be conducted between countries, while symbolizing a deeper connection
that is fundamental to a country’s economic fixture. Aviation is the
travel mode of the world; the first and last impression is your airport.
Foreign investment is going to come from people who fly. It is vital if
Nigeria is going to become a manufacturing export economy that
encourages business people will doubt whether Nigerian’s airport and
airspace can attain international standards. These recent misshape give a
bad impression not only of Nigeria airport, but also of Nigeria as a
whole, and the lack of structural management system. The bottom line is
that if you can’t get there, you can’t trade. Improving airport security
is so critical for international trade. The attract travelers and
commercial shippers, air travel to Nigeria must be safe and secure.
This
project is not meant to provide solution to the ailing transportation
infrastructure, as to modernization of equipment types, and types of
industry management training, but to raise awareness of the importance
of the transportation industry problems in equipment and training is
left to the consultants, who often a critical study, diagnosis, and
analysis of the sector’s current situations. Any seemly solutions to the
problems presented in this project are peripheral as I do not give free
in-depth solution in my project. Lecletus Olebune (2010).
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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---
