Infrastructure development and economic growth nexus in. The challenges of infrastructure development in democratic fig. A 30 year period analysis oriented in nature and there is the interplay of the market for us to determine the pro duction and the distribution of goods. Development of rural areas is measured by the provision of infrastructures and economic opportunities made available to the people. Summary infrastructure development is the basis of measuring the performance of democratic leaders and it is. Infrastructure development is the basis of measuring the.
There have been several studies that have investigated the relationship that exist between infrastructure development and economic growth. Closing the infrastructure gap and accelerating economic transformation. Democratic governance, infrastructure challenges, infrastructure development, project finance, third world countries. This study in line with has tried to evaluate infrastructural development and economic growth of nigeria, using simultaneous analysis. From the private investors perspective, some of the important factors that will accelerate sustainable infrastructure development in nigeria and ensure the realisation of the countrys potential. Foreign investment, however, is helping fill in some of the gaps. In nigeria under investment in infrastructural development could be a bane to her vision of becoming a. Poor infrastructure is key obstacle to development in. Pdf infrastructural development and economic growth in. This paper has attempted infrastructural development and its effect on economic growth.
Some of the identified barriers causing the poor implementations. The aim of this paper is to look at the development of infrastructure in nigeria as a panacea for transforming educational sector for sustainable national development. Infrastructural development and economic growth in nigeria. Ipaper examines the role of infrastructure development in promoting economic growth in nigeria over the period 19802015. The impact of leadership on the governance of infrastructure development in nigeria. Infrastructure is basic essential services that should be put in place to enable development to occur. Economic development of nigeria can be facilitated and accelerated by the presence of.
An infrastructure action plan for nigeria african development bank. Sustainable rural infrastructural development in nigeria. Infrastructure development this report focuses on the participation of africas seven new and emerging partners neps in africas infrastructural development brazil, china, india. In nigeria under investment in infrastructural development could be a bane to her vision of becoming a top 20 economy by the year 2020. The impact of infrastructure development on economic growth. The challenges of infrastructure development in democratic. Pdf infrastructure is basic essential services that should be put in place to enable development to occur. In nigeria, inadequate infrastructure has impaired the prospect of attaining some of these sdgs. The situation in nigeria is abysmally poor and has constituted one good source of poverty npc, 2005. A mutual correlation exists between infrastructural development and economic growth in nigeria. The impact of infrastructural development on nigerias industrial. Nigerias experience in terms of infrastructure development show that government needs to design an economic policy that would raise the quality of. This paper discusses government expenditure on the educational sector, its effects on infrastructural development and the quality of graduates. However, the results emanating from these studies have been inconclusive.
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