Facts

The improvement in the system of transportation, to a very great measure, increases the physical extent and economic size of a country. However, in the Nigerian context, a number of factors have negatively affected the transport system and this has resulted in an astronomical rise in the prices of goods and services beyond the reach of a majority of the population. The prohibitive transportation costs coupled with the multiple taxation across the country and the unabating insecurity have all succeeded in ensuring that Nigerians remain in a perpetual state of hunger and poverty. Curiously, levels of government have channeled generated revenue from multiple taxes, unproductively, to real estate, while Nigerians continue to daily count their landed property losses. Indeed, the government at all levels have always contended with inadequate financial organization and the relevant knowledge. Sadly, economic stagnation is now a major characteristic in most cities that are contending with over