EFFECTS OF INFRASTRUCTURE ON ECONOMIC GROWTH IN NIGERIA

Department: accounting project topics | Type: Project topics and materials | Format: Ms Word, PDF | Attribute: Documentation Only | Pages: 74 Pages | Chapters: 1-5 chapters | Price: ₦ 3,000.00

1,870 marked this research material reliable.
Call or whatsapp: +2347063298784 or email: info@researchcub.info
EFFECTS OF INFRASTRUCTURE ON ECONOMIC GROWTH IN NIGERIA
EFFECTS OF INFRASTRUCTURE ON ECONOMIC GROWTH IN NIGERIA

CHAPTER ONE

INTRODUCTION

1.1   BACKGROUND INFORMATION

Nigerian government has made significant efforts in recent years, not only in the fair distribution of such facilities to different parts of the country but also to increase the quality and improve the quality of such facilities.

The development of infrastructural facilities today is the responsibility of the Federal and state government. However, it should be noted, that until recently most of the infrastructure facilities developed in the country were established, staffed and controlled by religious organization, private initative and other voluntary agencies such as local communities, individual and local councils as pointed out by Stolper (1982). 

The fourth National Development plan of Nigeria (1981-1985) was made to address the inadequacies and imbalance in infrastructural development and it had a projected capital expenditure of about N82.2 billion, 86% of this was to be spend on public sectors especially in the development of various infrastructures. This was the first time the local government participated in their capacities as the third tier of the government created by the constitution.  

Regarding education as essential for the development of high quality manpower as been recognized in the level of public expenditure on such institution like primary, secondary and tertiary institutions in Nigeria and in the number of scholarships to Nigerians on education both at home and abroad. The literacy rate is about 20 percent in urban areas and 2 percent in the rural areas Kesside (2003).

 It is the primary objective of the Federal and State government to reduce the rate of illiteracy; hence there is a rapid increase in Primary, Secondary and University enrolment to a substantially increased level. Though the enrolment in other educational institutions has shown a similar trend. The government made education free especially primary education throughout the country. The Universal Basic Education (UBE) has now made education compulsory up to Junior Secondary Level.

 1.2   THE UBE PROGRAM

Curriculum renovation that is realistic and child centered, that is quick in rejuvenating and revitalizing hope and passion for acquisition of broad based knowledge that is worthwhile in a learner should be the focus of the structure. Methodology that will aid self discovery and problem-solving ability which allow learners the opportunity for creativity should be entrenched in the curriculum. Quality and relevance are the two features that curriculum development in Nigeria now needs. Equally, changes and innovations of a school system of our globalized environment must involve the emergence of elastic curricula models and educational policies which emphasize interdisciplinary courses, open-ended systems, intergenerational and inter-professional relationships, multi-culturalism and sustainability. The need for a paradigm shift from theoretical and paper certification to a practical application of knowledge necessary for future employment and skills development for self-employment should be the cardinal objectives of Nigerian education. Curriculum developers should also adopt the interdisciplinary approach to curriculum especially at the primary and junior secondary school levels. Emphasis should be on the changing needs of the society through enhance on the understanding and application of new technologies. Finally, to teach a new curriculum at all levels of education, the teachers and instructors currently employed by the Government have to receive further training.

 According to Ukpong (1979), inspite of the growth rate in electricity production and consumption in Nigeria, the per capital consumption of electricity is among the lowest in Africa. In term of per capital consumption 107HWHK for developing countries per capital consumption of less than 40KWH etc.

 The role of infrastructure and its effects as an agent of growth and development is not a new phenomenon’s is a very important parameter for economic growth that no one can deny. Development of infrastructure implies a complete modernization of the economy as a while which leads to substantially increased output and productivity. It entails conversion from peasant farming society to an industrial nation; it is a way of change in the living standard, life expectancy, reduction in infant mortality. It is perhaps for these reasons that there is no unanimity as to the criteria for measures development of infrastructure.

 

1.3   LINKAGE BETWEEN INFRASTRUCTURES IN NIGERIA AND MDGS.

The millennium development Goals (MDGS) are a series of time-bound development targets aimed at addressing the challenge of under-development. The MDGS address issues on infrastructural facilities and global partnerships for development, agreed by the international community to be achieved by year 2015. This is perhaps the most significant step in the war against poverty.

 Attainment of the Millennium Development Goals (MDGS) is largely dependent on the availability of functional infrastructure. Decentralization is an opportunity that can be used to realize the MDGS especially at the lower levels of the society and Government. Decentralization, which is about central government increasingly devolving certain jurisdictional functions to local authorities, has diverse impact. A major impact area that can have direct benefit to communities in the provision of infrastructure. This is because economic growth is linked to poverty reduction and improved access to infrastructural services induces economic growth in a cyclical manner. Therefore, carefully thought out mechanism that ensures functional nexus of infrastructural services and economic activities are rudimentary ingredients for liveable human settlements.

 The suitability and sustainability of human settlement for economic development is strongly linked to the level of serviceability and liveability. Serviceability connotes the quality of being able to provide good services and the extent to which these services are adequately available in an area. Liveability, refers to overcoming poverty, providing basic public services, maintaining minimum level of environmental standards, adequate housing, security and safe environment, access to amenity and learning institutions. The issue of settlement service ability and liveability is infrastructure-based, where water services function, as a basic amenity.

 Water is the worlds most important resource and a necessity of life. Adequate access to social welfare services, such as medical services, education, portable water supply, roads, electricity e.t.c. are strong indices of development (Adeyemo, 1989). Portable water supply is both a function of adequate and accessible functional water infrastructure.

 Water infrastructure stands out of all infrastructures (Physical and social) as critical to the attainment of the MDGS. This is because beside goal number 7 and target 10 which are specifically water based, issues addressed by goal 1-7 in general directly or indirectly relate to water availability. Meeting the water needs of African countries would be many steps closer to attaining the overall MDGS (AWDR 2006).

 The United Nation’s estimates 1.1 billion people lacking access to safe drinking water, is compounded by the record of 2.4 billion people without access to adequate sanction (Cunningham, 2004). African countries have embraced the decentralization as a mark of good governance, given that it is an antidote to poverty perpetuation. Nigeria and Ethiopia are the most populous countries in Africa and operates decentralized systems.

 In 2004 for example, safe water coverage in Nigeria was only 48 percent (FGN, 2004). Ironically, water is very important for socio-economic development, this is in addition to portable drinking water supply being a basic human need and sufficient water for good hygiene is a prerequisite for public health (World Bank, 1994) when access to water is disrupted, people therefore face acute human security risks transmitted through poor health and the disruption of livelihood (UNDP, 2006).

 In view of the foregoing, it is obvious that water front is where the war of poverty and by implication attainment of the MDGS would be won or lost. The contention is that infrastructure, especially water infrastructure is critical if MDGS are to be attained.

 

1.4   INFRASTRUCTURE DEVELOPMENT AND ECONOMIC

GROWTH IN NIGERIA

The role of infrastructure as an agent of development is not a new phenomenon. A wide range of evidence on the importance of infrastructure on an economy, drawing the conclusion that infrastructure contributes to economic growth both through supply and demand channels by reducing cost of production, contributing to the diversification of the economy and providing access to the application of the modern technology, raising the economic return to labour (by reducing worker time in non-productive activities and improving health with skill). (Smith 1776).

 Furthermore, infrastructure raises the quality of life by creating amenities, providing consumption goods (Transport and Communication services) and contributing to Micro economic stability (Kesside 1993).

 World Bank Report (2003), examined that ICT has definitely influenced, “Capital deepening”, (Increased the intensity of Physical capital per unit labour) and shown additional gains in assisting more efficient work organization outside of ICT sector, where productivity gain have been significant both inside and outside of ICT sector, it is proposed that this is the result of policy and institution setting conducive to innovation and adoption of new technologies. The report further stated that “Sound infrastructural development policy setting is a key ingredient for sustainable long term growth”. Investment in human, physical and knowledge capital is identified as the key driver of economic growth and macro economic policies (including price stability, inflation control, tax structure system, facilitating of international trade growth, pro-competitive regulation facilitating the entry of innovation firm, facilitating the skill and education of the existing and potential work force, encouraging R and D (Research and Development) removing barrier to network access) are found to facilitate investment.

 As observed by the United Nation, the provision of adequate amount of electric power is important in the establishment and maintenance of a modern economy and ensuring its growth.

 Ukpong (1979) stated that the disparities in the level of development between the different states and geographical regions of Nigeria are attributed in part to the uneven distribution of such facilities as education, health, transport, power and Communication, he stated further that Nigeria has made significant efforts in recent years, not only in the fair distribution of such facilities to the different parts of the country but also increase the quality and improve the quality of such facilities.

EFFECTS OF INFRASTRUCTURE ON ECONOMIC GROWTH IN NIGERIA

Additional Information

  • The Project Material is available for download.
  • The Research material is delivered within 15-30 Minutes.
  • The Material is complete from Preliminary Pages to References.
  • Well Researched and Approved for supervision.
  • Click the download button below to get the complete project material.

Frequently Asked Questions

In-order to give you the best service available online, we have compiled frequently asked questions (FAQ) from our clients so as to answer them and make your visit much more interesting.

We are proudly Nigerians, and we are well aware of fraudulent activities that has been ongoing in the internet. To make it well known to our customers, we are geniune and duely registered with the Corporate Affairs Commission of the republic of Nigeria. Remember, Fraudulent sites can NEVER post bank accounts or contact address which contains personal information. Free chapter One is always given on the site to prove to you that we have the material. If you are unable to view the free chapter 1 send an email to info@researchcub.info with the subject head "FREE CHAPTER 1' plus the topic. You will get a free chapter 1 within an hour. You can also check out what our happy clients have to say.


Students are always advised to use our materials as guide. However, if you have a different case study, you may need to consult one of our professional writers to help you with that. Depending on similarity of the organization/industry you may modify if you wish.


We have professional writers in various disciplines. If you have a fresh topic, just click Hire a Writer or click here to fill the form and one of our writers will contact you shortly.


Yes it is a complete research project. We ensure that our client receives complete project materials which includes chapters 1-5, full references, questionnaires/secondary data, etc.


Depending on how fast your request is acknowledged by us, you will get the complete project material withing 15-30 minutes. However, on a very good day you can still get it within 5 minutes!

What Clients Say

Our Researchers are happy, see what they are saying. Share your own experience with the world.
Be polite and honest, as we seek to expand our business and reach more people. Thank you.

A Research proposal for effects of infrastructure on economic growth in nigeria:
Reviews: A Review on effects of infrastructure on economic growth in nigeria, effects, infrastructure, economic project topics, researchcub.info, project topic, list of project topics, research project topics, journals, books, Academic writer.
Nigerian government has made significant efforts in recent years, not only in the fair distribution of such facilities to different parts of the country but also to increase the quality and improve the quality of such facilities. The development of infrastructural facilities today is the responsibility of the Federal and state government. However, it should be noted, that until recently most of the infrastructure facilities developed in the country were established, staffed and controlled by religious organization, private initative and other voluntary agencies such as local communities, individual and local councils as pointed out by Stolper (1982). .. accounting project topics

EFFECTS OF INFRASTRUCTURE ON ECONOMIC GROWTH IN NIGERIA

Project Information

Share Links

Download Post
Download Post

Search for Project Topics

Project topics in Departments

Do you need a writer for your academic work?