Infrastructure Development In Nigeria

Scientific Essay from the year 2013 in the subject Economics - Case Scenarios, , language: English, abstract: This work X-rays the multidimensional relationship that occurs between infrastructure and economic development, evidence from Nigeria. The work develops an intuitive theory with a framework which examines this relationship by recognizing various channels through which infrastructure possibly affects development: as a factor of production, as a complementary significant factor of production, a stimulus to factor buildup, a stimulus to aggregate demand and an instrument to industrial policy. A framework is developed for evaluating and analyzing the theory of this relationship, which explores the implications of diverse definitions and measures of infrastructure on economic development. Empirical literature is then evaluated against this framework.

This book examines the politics and economics of infrastructure development in Nigeria from Independence in 1960 up to 2015, and the role of good governance in promoting the socioeconomic wellbeing of citizens. Arguing for the need for transformational leadership in infrastructure development, the chapters examine policy issues and survey the various administrative, economic, and social-political reforms that have impacted infrastructure development in Nigeria. The author also discusses current national development plans and Vision 20:2020; challenges to infrastructure development, including corruption; and the future potential of a strong infrastructure network for the economy and citizens. Drawing upon his experience within government departments, as well as existing models of leadership and governance, the author explores the role of infrastructure development in promoting the wellbeing and growth of Nigeria. Combining theory with practical examples of good governance, this book will be of interest for students and researchers of political science and infrastructure development in Africa.

Evaluates the role of infrastructure in promoting economic growth and poverty reduction in Africa. Examines complementary physical infrastructure: telecommunications, power, transport (roads, railways, ports and airports) and water supply. Explores Africa's infrastructure endowment and financing options.

This book is the first comprehensive analysis on the history of infrastructural development and urban policies in Lagos since the colonial annexation to date. I think that the author faced almost three challenges to write it. It was necessary to consider a long term analysis (one century and a half), to take into consideration the growing size of the city – the biggest in the south of the Sahara since the 1960s – and, finally, to inquire into three key infrastructural sectors: water supply, electricity supply and transportation system. Both fascinating and depressing issues for town planners and officials; Lagos is probably one of very few cities with more than five million inhabitants without mass transportation system.

This book presents a comprehensive account and analysis of the current state of infrastructure in Africa with an unprecedented level of detail. Covering nearly twenty specific topical issues for the ongoing development of African infrastructure--including the economic and political aspects of infrastructure development, financing and the mobilization of domestic resources, and the potential for social inclusion--the volume explicitly challenges current policy, practice, and thinking in this area.

This paper reviews the linkages between infrastructure and economic development based on both formal empirical research and informal case studies. The main thesis is that economic benefits result from investments in infrastructure only to the extent that they generate a sustainable flow of services valued by consumers. Thus, an analysis of infrastructures' contributions to growth must look at the impacts of services as actually perceived, not at indirect indicators that measure only aggregate provision of infrastructure capital. The paper notes that macro and industry level research , although having its limitations, suggest a positive and statistically significant relationship between infrastructure and economic output. However the conclusions derived from this research (most of which derives from developed countries) provide little specific guidance for policy. To gain more practical insights about how infrastructure contributes to economic growth and to improved quality of life, and to understand the welfare costs of inadequate or unreliable infrastructure, it is necessary to look at microeconomic evidence. Particularly interesting illustrations of these relationships are to be found in developing countries where there is wide variance in the availability and quality of infrastructure.