Close Menu
OsunDailyNG
  • NATIONAL
  • LATEST
  • POLITICS
  • OSUN NEWS
  • METRO
  • ENTERTAINMENT
  • SPORT
  • BUSINESS
  • WORLD
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
OsunDailyNGOsunDailyNG
Subscribe
  • NATIONAL
  • LATEST
  • POLITICS
  • OSUN NEWS
  • METRO
  • ENTERTAINMENT
  • SPORT
  • BUSINESS
  • WORLD
OsunDailyNG
Home ยป Lagos loses N4tn yearly to traffic congestion
LATEST

Lagos loses N4tn yearly to traffic congestion

OsunDailyBy OsunDailyNovember 23, 2023No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Lagos loses N4tn yearly to traffic congestion
Share
Facebook Twitter LinkedIn Pinterest Email
Reach the right people at the right time with OsunDailyNG. Try and advertise any kind of your business to users online today. Kindly contact us for your advert or publication at newsdesk@osundailyng.com Call or Whatsapp: +2348132512456 07056907162

Lagos State, the commercial hub of Nigeria, is losing N4 trillion yearly to traffic congestion.

A recent study by the Danne Institute for Research disclosed this on Wednesday.

The study, titled โ€˜Behavioural Causes of Traffic Congestion in Lagos,โ€™ funded by the Bank of Industry and Africa Finance Corporation, stressed the need for immediate action to alleviate the economic and social toll on the residents.

According to the Executive Director of the Danne Institute for Research, Franca Ovadje, the staggering loss could otherwise be directed towards vital sectors such as education, healthcare, and infrastructure development.

The report identifies behavioural factors as the primary culprits, including poor road infrastructure, violation of traffic laws, activities of โ€˜agberosโ€™ at bus stops, and buses picking up passengers.

Ovadje emphasized that the 21 million-strong population of Lagos is not translating into corresponding productivity due to the crippling impact of traffic jams on daily life.

The report indicated that doubling the population in developing countries should result in a 5 to 6 per cent growth in productivity.

The report also highlighted that Lagosians spend an average of 2.21 hours commuting daily, with 45 per cent spending more than two hours.

โ€œAreas like Ajah, Etiosa, and Apapa bear the brunt, necessitating urgent measures such as nighttime road construction, creation of alternative routes during construction, and strict enforcement of traffic laws,โ€ the report noted.


Reach the right people at the right time with OsunDailyNG. Try and advertise any kind of your business to users online today. Kindly contact us for your advert or publication at newsdesk@osundailyng.com Call or Whatsapp: +2348132512456 07056907162
congestion Lagos Loses N4tn traffic yearly
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
OsunDaily
  • Website

Related Posts

Buhari rallies support for Tinubu on second anniversary

May 28, 2025

Anti-Matawalle protests sponsored by Zamfara Govt – APC group

May 10, 2025

Gunmen kill three security personnel during attack on anti-banditry office in Jigawa

March 6, 2025

Comments are closed.

Facebook X (Twitter) Instagram WhatsApp Telegram Threads
  • Home
  • Privacy Policy
  • Advertise with US
  • Contact Us
  • About Us
© 2025 OsunDailyNG Media Hub. Designed by OsunDailyNG Media Hub.

Type above and press Enter to search. Press Esc to cancel.

Join Osun DailyNG Media Hub

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.