Transport Infrastructure, Manufacturing Sector Performance and the Growth of Gross Domestic Product in Nigeria, (1999-2011)
##article.abstract##
This study examined the extent of influence of transport infrastructure provision on the performance of manufacturing firms in Nigeria and the effect of such performance status on the Gross Domestic Product of the nation. Primary and secondary data were used in the study. The primary data were sourced from manufacturing firms operating in the south east, while the secondary data were national figures on the manufacturing and transport sectors and the GDP of the country. A judgmental sample size of 100 respondents was adopted for the primary study, while the secondary data covered a period of thirteen years (1999-2011). The study revealed that the state of road infrastructure in Nigeria has negative effect on the marketing performance (sales and profitability) of the manufacturing sector. The quality of road infrastructure in Nigeria does not influence manufacturing capacity utilization significantly while it affects manufacturing production index significantly. Again, the annual budgetary allocation to the transport sector has significant influence on the contributions of the transport and manufacturing sectors to the growth of the nation. It was recommended among others that the government should consolidate the present attention being given to the transport sector in view of its multiplier effect on the economic growth and development of the nation and that adequate attention should be given to the manufacturing sector especially in the areas of power, security, finance and regulatory policies.
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