Browsing by Author "H, Hassan T"
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Item Open Access Impact of Road Infrastructure Funding on Economic Growth in Nigeria(2022-09-03) H, Hassan T; Omadachi, Oklobia; O, Baba ARoad infrastructure plays a crucial role by providing mobility for the efficient movements of people and goods, as well as providing accessibility to a wide variety of commercial and social activities. The study analysed the contribution of road infrastructure on economic growth in Nigeria, using ex-post facto and existing data research methods. The data collected were analysed using simple regression with the aid of E-views. The study revealed that every 1 Naira spent on road had positive significant impact on the Nation’s economic growth and every length of road constructed had positive significant impact on industries, commerce, and trade by connecting many rural communities to urban cities. Therefore, it was recommended that: there should be a legislation on a special endowment fund account where all revenues from roads and fuel consumption tax with a percentage (1%) will be dedicated to road construction and maintenance and attention should be paid to policy that will promote road construction and all year maintenance.