INSUFFICIENT RESOURCES AND THE NIGERIA TRANSPORTATION SECTOR

Gbadamosi Olaniyi Mufutau () and Akanmu Ayobam Ademola ()

International Journal of Supply Chain and Logistics, 2021, vol. 5, issue 3, 23 - 32

Abstract: Nigeria with a total land area of 190,771 square kilometers and over 200 million populations requires not only a functional transportation system, but also adequate resources for development efficient operations, as well as management of transportation sector. Resources, most especially in financial context are extremely crucial to the provisions, maintenance, management and sustenance of transportation system in order to efficiently operate various socio-economic engagements in the country. Hence, government at all levels in Nigeria usually makes financial provisions, most especially through annual budget for this vital sector among other competing needs. It is in this context that this paper examined insufficient resources in relation to transportation system in Nigeria with a view to improving mobility and accessibility and enhancing investment potentials socio-economic transactions in the country. This paper relied mostly on data from secondary sources through literatures, publication and other prints materials. This paper established that the resources deployed to the transportation sector through the yearly budgetary allocation are grossly inadequate. It therefore recommended an upward review in the budgetary allocation to the transportation sector so as to meet the growing demand of Nigerian from the sector.

Keywords: Resources; transportation sector; socio-economy; Nigeria (search for similar items in EconPapers)
Date: 2021
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