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TELECOMMUNICATIONS AND TRAVEL DEMAND: THE NIGERIAN PERSPECTIVE IN RELATION TO ECONOMIC GROWTH

Publication Type: Journal article

Journal: Nigeria Geographical Journal

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Abstract

Understanding the relationship between telecommunications and transportation is a concept fundamental to the development of the country against the set goals and objectives of the nation’s economic development strategies. With the recent shift in policy towards a market-based system of resources allocation, increasing attention has, been paid to the development of an efficient telecommunication system in the Nigeria. The government's path breaking process of privatizing its infrastructural services especially the telecommunication sector since the late 1990s has lent credence to a new way of life. The growth rate of the telecommunication industry has been much faster than that of either oil or banking industries, suggesting that the telecommunication industry dominates economic activity. This has led to economic growth, making the country the largest telecommunication market in Africa given the spate and degree of mobile telecommunication penetration. However, the relationship between telecommunications applications on transportation generally and on travel demand and some micro-economic variables in the country in particular remain largely un-investigated at the national level. The study sought to determine whether there is a particular type of relationship that leads to greater investment in telecommunication and subsequent reduction in travel demand using structural equation model. This study supports the complementarity hypothesis and has wider implications for travel demand in light of the recent withdrawal of fuel subsidy by the government.

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Oyesiku,,K. ONAKOYA,A. . (0000). TELECOMMUNICATIONS AND TRAVEL DEMAND: THE NIGERIAN PERSPECTIVE IN RELATION TO ECONOMIC GROWTH, 10 (), 97-97.

Oyesiku,,K. ONAKOYA,A. . "TELECOMMUNICATIONS AND TRAVEL DEMAND: THE NIGERIAN PERSPECTIVE IN RELATION TO ECONOMIC GROWTH" 10, no (), (0000): 97-97.

Oyesiku,,K. and ONAKOYA,A. and . (0000). TELECOMMUNICATIONS AND TRAVEL DEMAND: THE NIGERIAN PERSPECTIVE IN RELATION TO ECONOMIC GROWTH, 10 (), pp97-97.

Oyesiku,K, ONAKOYAA, . TELECOMMUNICATIONS AND TRAVEL DEMAND: THE NIGERIAN PERSPECTIVE IN RELATION TO ECONOMIC GROWTH. 0000, 10 ():97-97.

Oyesiku,,Kayode , and ONAKOYA,Adegbemi . "TELECOMMUNICATIONS AND TRAVEL DEMAND: THE NIGERIAN PERSPECTIVE IN RELATION TO ECONOMIC GROWTH", 10 . (0000) : 97-97.

O.Kayode & O.Adegbemi , "TELECOMMUNICATIONS AND TRAVEL DEMAND: THE NIGERIAN PERSPECTIVE IN RELATION TO ECONOMIC GROWTH" vol.10, no., pp. 97-97, 0000.

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