Journal of Emerging Trends in Economics and Management Sciences: Home

Article Title:
THE NEED FOR TRANSPORT INFRASTRUCTURAL RESTRUCTURING IN NIGERIA: A STEP TO SUSTAINABLE DEVELOPMENT
by Kalu E. Uma, Rose D. Onwusogbulu and George M. Enwere

Abstract:
The study focused on the transport infrastructural repositioning as a veritable approach for sustainable development. It is our perception that the benefits associated with improved transport infrastructure have a magic wand for improving employment of resources, income generation and poverty reduction. The expository study revealed that the government of Nigeria since after independence has made series of attempts to develop the transportation sector, and so channeled resources at the sub-sector at different periods in time but yet to attain the level necessary to ensure efficient resources mobility and desirable development intention. From the study, it is the conviction of the authors that sufficient investment in transport infrastructure in all the nooks and cranny of the country is imperative for creation of adequate capacity utilization, effective inputs and outputs circulation at the various points of needs, which would raise employment, productivity and income generation that is capable of reducing developmental bottle-neck in the country. Consequently, among the suggested ways to encourage transport infrastructure restructuring are: dredging of rivers and waterways in the country for easy movement should be practically and vigorously pursued; the government has to open doors to both domestic and foreign private investors in this sector and curtail cost of governance; Nigerian professionals in Diaspora should be co-opted to assist the country with technical knowledge, funding, direct and indirect support.

Keywords: development, infrastructure, restructure, sustainable, transport

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