The impact of infrastructural development on economic growth in Nigeria

ABSTRACT

This study was carried out to examine the impact of infrastructural development on economic growth in Nigeria, using Uyo in Akwa Ibom state as a case study. The classical theory of economic growth was adopted in the study coupled with other theories of public expenditure. Two infrastructural variables: electric (energy)and road transport were adopted for the study. The study aims to access the impact of development road transport and power supply on the economic growth in the state. Data was obtained from primary source with distributed questionnaire structured with respect to the objectives of the study. The Chi-Square analysis was used to test hypothesis according to the objective of the study. The study revealed that development in road transport and power supply have strong impact on economic growth. Development in these key infrastructure increased output and created business opportunities, reduced the cost of transportation, time trekking and man hour, thus increasing output and GDP of the nation in general. Also the development in road transport reduced traffic congestion and accidents in Uyo. In Addition, development in the power sector expanded economic activities in Uyo. Recommendations were suggested based on the findings that since selected public infrastructure of the study revealed a strong positive relationship with economic growth, more of tax payer’s money should be channeled to development of these infrastructure. Also, all stakeholders in the project of infrastructural provision should be involved and more emphasis should be laid on the quality of infrastructure to be provided.

TABLE OF CONTENT

PAGES

Title page        -           --          -           -           -           -           -           -           -           -           i

Certification    -           -           -           -           -           -           -           -           -           -           ii

Dedication      -           -           -           -           -           -           -           -           -           -           iii

Acknowledgements    -           -           -           -           -           -           -           -           -           iv

Abstract          -           -           -           -           -           -           -           -           -           -           vi

Table of Contents       -           -           -           -           -           -           -           -           -           vii

List of Tables --          -           -           -           -           -           -           -           -           -           ix

CHAPTER ONE: INTRODUCTION

1.1       Background of the Study -     -           -           -           -           -           -           -           1

1.2       Statement of the problem       -           -           -           -           -           -           -           3

1.3       Objectives of the study           -           -           -           -           -           -           -           4

1.4       Research Questions     -           -           -           -           -           -           -           -           4

1.5     Research Hypothesis     -           -           -           -           -           -           -           -           4

1.6       Scope of the study -   -           -           -           -           -           -           -           -           4

1.7       Significance of the Study-      -           -           -           -           -           -           -           5

1.8    Organisation of study    -           -           -           -           -           -           -           -           5

CHAPTER TWO: REVIEW OF RELATED LITERATURE

2.1       Conceptual Framework           -           -           -           -           -           -           -           7

2.2       Theoretical Framework           -           -           -           -           -           -           -           15

2.3     Empirical Framework --           -           -           -           -           -           -           -           25

2.4     Summary and Justification of Study-   -           -           -           -           -           -           30

CHAPTER THREE: RESEARCH METHODOLOGY 

3.1       Introduction                -           -           -           -           -           -           -           -           31

3.2       Research Design         -           -           -           -           -           -           -           -           31

3.3      Data Collection Techniques-    -           -           -           -           -           -           -           31

 3.4      Sources of Data                      -           -           -           -           -           -           -           32

3.5    Population Size of the Study    -        -        -        -      --           -           -           -           32

3.6    Sample Size Determination and Sampling Procedures--           -           -           32

3.7    Method of Data Analysis-         -           -           -           -           -           -           -           33

CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS

4.1 Introduction-         -           -           -           -           -           -           -           -           -           34

4.2 Data Presentation  -           -           -           -           -           -           -           -           -           34

4.3 Test of Hypothesis-           -           -           -           -           -           -           -           -           43

4.4 Summary of Findings-      -           -           -           -           -           -           -           -           48

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1       Summary         -           -           -           -           -           -           -           -           -           51

5.2       Conclusion      -           -           -           -           -           -           -           -           -           51

5.3       Recommendations      -           -           -           -           -           -           -           -           52

            References-     -           -           -           -           -           -           -           -           -           53

            APPENDIX 1-           -           -           -           -           -           -           -           -           55

LIST OF FIGURES

 

Figure                                                              Title                                                                 Pages

2.1                   Trend of Nigeria's Electricity variables from 1971-2013-      -           -           11

4.2                   Trend Nigeria’s Transport Variable from 1981- 2014-           -           -           32