However, the results emanating from these studies have been inconclusive. Bridging infrastructure development gaps in nigeria. Starting a new business is a timeconsuming and cumbersome process. Infrastructure development and economic growth nexus in. The theoretical framework comprised solows economic growth theory and frischmanns transportation infrastructure theory. Despite her economic growth over the years, this has not translated to economic development due to lack of infrastructure, high poverty rate, unemployment etc. B 1017, uyo, nigeria 2 department of banking and financeinsurance, university of uyo, p. No plan to merge ondo varsities, says akeredolu punch. The seventh section makes some recommendations to achieving the vision 20. Department of agricultural economics, university of ibadan, ibadan, nigeria. The situation in nigeria is abysmally poor and has constituted one good source of. It also reveals the infrastructural deficiencies ofnigerian railway by. The challenges of infrastructure development in democratic. To achieve these economic gains, basic infrastructure needed to be in place.
Pdf the impact of infrastructural development on the property. International journal of economic development research and investment, vol. Effect of sustainable infrastructural development on. A mutual correlation exists between infrastructural development and economic growth in nigeria. The bank is the executing agency for the programme for infrastructure development in africa pida. Total tax revenue and total federal government revenue from 1 %4 to 2008.
There have been several studies that have investigated the relationship that exist between infrastructure development and economic growth. Pdf infrastructural development and economic growth in. Ipaper examines the role of infrastructure development in promoting economic growth in nigeria. Introduction infrastructure and economic development infrastructure contributes to economic development by increasing productivity and providing amenities which enhance the quality of life. However, in nigeria, the pattern of infrastructural development is concentrated in the state and local government headquarters, rather than adopting holistic developmental process, which has engender stiff competition and. Infrastructural development and economic growth in nigeria. This paper aims at evaluating railway infrastructural development in nigeria. Registering private property is also a challenge, while investor protection is poor. The study adopted a cross sectional survey research design where primary data were collected. An overview infrastructure has been defined as the basic structures and facilities necessary for a country or an organization to function efficiently, e. Information for the study was sourced from texts, journal articles, magazines and online materials.
Development of rural areas is measured by the provision of infrastructures and economic opportunities made available to the people. Thus, the paper examines the historical development of nigerian railways and discloses the efforts made at revitalizing the nigerian railway system. We believe that nigeria can leverage this opportunity, not only to jumpstart its infrastructure development, but also to detach itself from development models that. Africas economic growth and development are intrinsically linked to infrastructure development, but it is the pushpull relationship with commodities that has become the driving force for infrastructure development in the region. Democratic governance, infrastructure challenges, infrastructure development, project finance, third world countries. However, the establishment of local government in nigeria arises from the need to facilitate rural development through infrastructure development and delivery. In this case, developing countries including nigeria now saw the reason to align their infrastructural growth with human development growth. Critical infrastructure decay and development crises innigeria. The politics of states and local governments creation in. Democratic governance, infrastructure challenges, infrastructure development. Global competitiveness index ranks nigerias infrastructure at the bottom 2.
Still, the business environment in nigeria remains very challenging. Pdf the niger delta development commission nddc was created to assist the federal government of nigeria embark on infrastructural developments in. Social sciences department federal polytechnic nekede, owerri, imo state, nigeria email. The challenges of infrastructure development in democratic governance olufemi adedamola oyedele, nigeria key words.
Introduction infrastructure and economic development infrastructure contributes to economic development by increasing productivity and providing amenities which. Infrastructure is basic essential services that should be put in place to enable development to occur. This paper discusses government expenditure on the educational sector, its effects on infrastructural development. If these facilities and services are not in place, development will be very difficult and in fact can be likened to a very scarce commodity that can only be secured at a very high price and cost. Inputoutput tables show that in the economies of japan and the united states, for example, telecommunications, electricity, and. The impact of transportation infrastructure on nigerias. Nigeria is the most populous black nation on planet earth and sets a great vision to be among the top. The paper investigated the relationship that existed between capital expenditure budget size cebs and power infrastructural development pid in nigeria.
The aim of this paper is to look at the development of infrastructure in nigeria as a panacea for transforming educational sector for sustainable national development. Pdf the challenges of infrastructure development in. Improving the standard and quality of primary education in. The study used government capital expenditure as a proxy for infrastructure development. Impacts of infrastructure defliciencies on nigerian manufacturing.
In that vein, ordinary least square method of regression analysis was adopted, using time series data spanning from 1990 to 2015. Economic development of nigeria can be facilitated and accelerated by the presence of infrastructure. Pdf sustainable infrastructural development in africa. The british colonial authorities in nigeria were aware of the essentiality of infrastructural development towards achieving maximum political, social and economic stronghold in nigeria area, and their other colonies which were hotly contested. Bridging infrastructure development gaps in nigeria the. In nigeria under investment in infrastructural development could be a bane to her vision of becoming a top 20 economy by the year 2020. These forms of infrastructure are the most fundamental, and they have clear and empirically established links. Economic development of nigeria can be facilitated and accelerated by the presence of. Infrastructural development and transformation agenda in nigeria. The increase was sustained by high revenue inflow from the oil sector. Nigeria remains at the centre of sub saharan africas growth story. Paper prepared for koreaworld bank conference on postcrisis economic development, busan, june 4 2010.
The situation in nigeria is abysmally poor and has constituted one good source of poverty npc, 2005. The build, operate and transfer bot investment model can be advantageously adopted in nigeria in ensuring the rehabilitation of the decaying and obsolete electricity infrastructure in the country as low electricity generation and consumption has. Internally generated revenue igr and infrastructural development in akwa ibom state dr. Louis pouliquen, director, infrastructure and urban development department. Abstract this paper investigates comparatively the critical nature of infrastructure to the overall development of nations. Presently the greatest drag on nigerias economic growth is the countrys. Assessing the level of rural infrastructure in nigeria. Summary infrastructure development is the basis of measuring the performance of democratic leaders and it is. Thus, key functions of governments and of other actors promoting development e. Impacts of infrastructural deficiencies on the nigerian industrial sector and their policy implications. Relevance of tax revenue resources to infrastructural. Before joining the iss, she was a consultant working on peace and state building, providing. Nigeria has made important strides toward improving much of its infrastructure.
It points out that critical infrastructure decay in nigeria. Nigeria is a federation of 36 states, a federal capital territory fct and 774 local. Compared to many african peers, nigeria has relatively advanced power, road, rail, and information and communications technology ict networks that cover extensive areas of the nations territory. Moreover, the available data is of reasonable quality considering the existing constraints. The importance of infrastructure to the industrial sector of any economy cannot be overlooked, thus making its development key to the survival of the sector. The impact of infrastructural development on nigerias. Infrastructure s impact on development links to economic growth infrastructure represents, if not the engine, then the wheels of economic activity. Real estate section scholarship the benefits of infrastructural development for a country cannot be over emphasized, hence president j. Ideally, the timeline from 1999 when civilian administration returned to nigeria should have provided twenty years of data to assess the growth and development of infrastructure in nigeria. Infrastructural development in nigeria a panacea for. Relevance of value added tax on infrastructural development in nigeria adereti, sanni and adesina 2011, uses time series data to study the effect of value added tax on the gross domestic product gdp.
The study adopted a cross sectional survey research design where primary data were collected through a structured questionnaire at a point in time and analyzed using analysis of variance and. All these combine to make the region one of the most economically important. Infrastructure development should be a key priority in the countrys journey towards development. Infrastructure development and urban facilities in lagos. The researcher examined the effect of sustainable infrastructure on the gross domestic product gdpof nigeria. Infrastructural development, economic growth and poverty in nigeria alhaji bukar mustapha1 mohammed danladi tukur1 jiddah ajayi1 abstract this paper examines the impact of infrastructural development on economic growth and poverty in nigeria.
Infrastructural development and transformation agenda in. Alternative financing for infrastructural development in nigeria. This paper has attempted infrastructural development and its effect on economic growth. Department of business management, university of uyo, p. Roles of national fadama development project nfdp iii in osun state alawode o. Findings from the study revealed that infrastructural development impact positively on industrial development as. Programme for infrastructure development in africa pida. The purpose of the study was to understand the relationship between the investment in road networks and economic development in nigeria. Pdf infrastructure and human development in nigeria. Bank futher opined that ppps combine the skills and resources of both the public.
The purpose of this study is to analyse the effects of infrastructure on the industrial sector of nigeria. The impact of infrastructure development on economic growth. In this research work on the effect of sustainable infrastructural development on economic development of nigeria. Ijrre 1 2014 16 issn 20569726 improving the standard and quality of primary education in nigeria for national development opoh, fredrick awhen1, okou, femedein timipre2 and ubung, juliet agyngwuye1 1department of curriculum and teaching, faculty of education, university of calabar, calabar, nigeria. Governments inability to provide adequate infrastructural facilities has elicited. Sustainable rural infrastructural development in nigeria. The impact of infrastructural development on the gross fixed capital formation gfcf of nigeria.
The average growth rate in nigeria increased from 26% to 34% between 1970 and 1999. Marianne fay, mike toman, daniel benitez and stefan csordas. Infrastructure development this report focuses on the participation of africas seven new and emerging partners neps in africas infrastructural development brazil, china, india. However, the rise in the growth rate did not reflected on nigeria s infrastructure development needs. Building the future pardee center for international futures.
818 1375 49 1002 1179 1166 251 1525 476 836 610 849 745 1396 647 956 274 621 1094 1220 1408 450 526 1055 51 311 971 684 1018 107 1621 1181 1223 356 73 1524 1243 728 875 1416 1433 1067 69 831 1443 814 769 293