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The Economic Sustainability Of Nigeria'S National Transport Policy

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    The purpose of the paper is to determine the extent to which Nigeria's National Transport Policy (NTP) enhances economic sustainability in Nigeria and offer guidance to policy makers on effective ways to make progress towards sustainable transportation in Nigeria. This paper offers an analytical evaluation of the Policy, using both primary and secondary data. To do this quantitative survey method was adopted for the study and questionnaires were used for data collection instrument. A random of 127 (68.28%) transport companies were selected for the study, out of a population of 186 registered luxury bus and shipping companies in Nigeria in 2009. For a proper analysis, a sample of 400 non transport workers was included in the study. In total, 1670 questionnaires were administered to the respondents, out of which 1452 questionnaire were completed, which represents a response rate of 86.95%. The data analysis revealed that overall means score was 2.54, which was lower than expected value of 3.00 on 5-point Likert Scale. The test of hypothesis revealed that calculated Z was -27 .9590, with significant probability of 1.0000, which was greater than 0.05. The test was insignificant at 5% level of significance. Therefore, it was concluded that the extent to which the policy enhances economic sustainability in Nigeria, was not significantly above average. This implies that the policy had little influence in reducing negative economic impact emanating from Nigeria’s transport system. In this light, it is recommended that the policy should be modified so as to make it functional and goal oriented.

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    Article provided by Spiru Haret University, Faculty of Accounting and Financial Management Constanta in its journal Journal of Academic Research in Economics.

    Volume (Year): 2 (2010)
    Issue (Month): 3 (December) ()
    Pages: 348-366

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    Handle: RePEc:shc:jaresh:v:2:y:2010:i:3:p:348-365
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