ABSTRACT
This research assessed the Impact of Road Transport Infrastructure
Development in Port Harcourt. It also examined critically, the importance of
quality road infrastructure in Port Harcourt and its relative impact on the
Nigerian economic development. Relevant literatures on road infrastructure
development and its impact on Rivers State were reviewed. A time-series data
(2004 - 2016) on road infrastructure quality index (RIQI), GDP per capita, cost
of cargo haulage and volume of cargo, secondary data were obtained from
World Bank database and National Bureau of Statistics. These data were
analyzed using multi linear Regression analysis with the aid Statistical Package
for Social Scientist (SPSS V.20). From the result of the Regression analysis, the
quality of road infrastructure in Nigeria will increase GDP per capita by 96.9%
for every one percent increase in port infrastructure, Reduce Ship turnaround
time by 29.1% for every one percent increase in road infrastructure, Increase
by 20.9% for a percent increase in cost of freight and increase by 55.6% for a
percent increase in Cargo volume. . And also that expansion in vehicle fleet
makes a strong contribution to the revenue generated from the sector. The study
therefore concludes that road transport is a critical factor to the development of
any nation. Recommendations on how to make the system much more efficient
so that the benefits enshrined in the operation of the system could be optimally
maximized where presented in the study.
Key Words: Road, infrastructure, fleet, freight, Portharcourt, Cargo Volume
SANGARI, S (2021). The Impact Of Road Transport Infrastructure Development In Portharcourt Metropolis. Afribary. Retrieved from https://tracking.afribary.com/works/the-impact-of-road-transport-infrastructure-development-in-portharcourt-metropolis-1
SANGARI, SULEIMAN "The Impact Of Road Transport Infrastructure Development In Portharcourt Metropolis" Afribary. Afribary, 11 Apr. 2021, https://tracking.afribary.com/works/the-impact-of-road-transport-infrastructure-development-in-portharcourt-metropolis-1. Accessed 09 Nov. 2024.
SANGARI, SULEIMAN . "The Impact Of Road Transport Infrastructure Development In Portharcourt Metropolis". Afribary, Afribary, 11 Apr. 2021. Web. 09 Nov. 2024. < https://tracking.afribary.com/works/the-impact-of-road-transport-infrastructure-development-in-portharcourt-metropolis-1 >.
SANGARI, SULEIMAN . "The Impact Of Road Transport Infrastructure Development In Portharcourt Metropolis" Afribary (2021). Accessed November 09, 2024. https://tracking.afribary.com/works/the-impact-of-road-transport-infrastructure-development-in-portharcourt-metropolis-1