ISSN 2394-5125
 

Research Article 


Internally Generated Revenue and Transport Infrastructural Development in Lagos State Nigeria between 1998 to 2018

Ajike, Emmanuel Ogbonna, Ariguzo, Adaobi Vivian, Akinyosoye Olanrewaju, Nwankwere Idowu A., Oyedeji, Fisayo.

Abstract
Globally, initiating and sustaining growth and development remains a concern for all leaders: either at the Local,
State, or Federal government levels. Despite the rising population, and the correspondingly highest internally
generated revenue contributor in Nigeria, the decay in transport infrastructural development seems insurmountable.
This study investigated the impact of internally generated revenue on infrastructural development in Lagos State,
Nigeria (1998-2018). Ex-poste facto research design was employed for the study been a secondary data. The study
covered an evaluation of annual time series data for a twenty-one-year period, commencing from years 1998 to
2018. Findings revealed that internally generated revenue components had significant effect on transport
infrastructure (R2 = 0.891, Adj. R2 = 0.804, F(1,187) = 10.254, p < 0.05) in Lagos State, Nigeria. The study
concluded that internally generated revenue enhances the transport infrastructural development in Nigeria. It
recommended that the State government should channel these funds deliberately towards the development of
transport infrastructure, so as to bring about the ripple effect of improved standard of living, increased gross
domestic product, reduced employment shortages and enhance economic development.

Key words: Transport Infrastructural, development, Internally generated revenue, Lagos State


 
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How to Cite this Article
Pubmed Style

Ajike, Emmanuel Ogbonna, Ariguzo, Adaobi Vivian, Akinyosoye Olanrewaju, Nwankwere Idowu A. , Oyedeji, Fisayo. Internally Generated Revenue and Transport Infrastructural Development in Lagos State Nigeria between 1998 to 2018. JCR. 2021; 8(1): 987-995. doi:10.31838/jcr.08.01.110


Web Style

Ajike, Emmanuel Ogbonna, Ariguzo, Adaobi Vivian, Akinyosoye Olanrewaju, Nwankwere Idowu A. , Oyedeji, Fisayo. Internally Generated Revenue and Transport Infrastructural Development in Lagos State Nigeria between 1998 to 2018. http://www.jcreview.com/?mno=62453 [Access: April 17, 2021]. doi:10.31838/jcr.08.01.110


AMA (American Medical Association) Style

Ajike, Emmanuel Ogbonna, Ariguzo, Adaobi Vivian, Akinyosoye Olanrewaju, Nwankwere Idowu A. , Oyedeji, Fisayo. Internally Generated Revenue and Transport Infrastructural Development in Lagos State Nigeria between 1998 to 2018. JCR. 2021; 8(1): 987-995. doi:10.31838/jcr.08.01.110



Vancouver/ICMJE Style

Ajike, Emmanuel Ogbonna, Ariguzo, Adaobi Vivian, Akinyosoye Olanrewaju, Nwankwere Idowu A. , Oyedeji, Fisayo. Internally Generated Revenue and Transport Infrastructural Development in Lagos State Nigeria between 1998 to 2018. JCR. (2021), [cited April 17, 2021]; 8(1): 987-995. doi:10.31838/jcr.08.01.110



Harvard Style

Ajike, Emmanuel Ogbonna, Ariguzo, Adaobi Vivian, Akinyosoye Olanrewaju, Nwankwere Idowu A. , Oyedeji, Fisayo (2021) Internally Generated Revenue and Transport Infrastructural Development in Lagos State Nigeria between 1998 to 2018. JCR, 8 (1), 987-995. doi:10.31838/jcr.08.01.110



Turabian Style

Ajike, Emmanuel Ogbonna, Ariguzo, Adaobi Vivian, Akinyosoye Olanrewaju, Nwankwere Idowu A. , Oyedeji, Fisayo. 2021. Internally Generated Revenue and Transport Infrastructural Development in Lagos State Nigeria between 1998 to 2018. Journal of Critical Reviews, 8 (1), 987-995. doi:10.31838/jcr.08.01.110



Chicago Style

Ajike, Emmanuel Ogbonna, Ariguzo, Adaobi Vivian, Akinyosoye Olanrewaju, Nwankwere Idowu A. , Oyedeji, Fisayo. "Internally Generated Revenue and Transport Infrastructural Development in Lagos State Nigeria between 1998 to 2018." Journal of Critical Reviews 8 (2021), 987-995. doi:10.31838/jcr.08.01.110



MLA (The Modern Language Association) Style

Ajike, Emmanuel Ogbonna, Ariguzo, Adaobi Vivian, Akinyosoye Olanrewaju, Nwankwere Idowu A. , Oyedeji, Fisayo. "Internally Generated Revenue and Transport Infrastructural Development in Lagos State Nigeria between 1998 to 2018." Journal of Critical Reviews 8.1 (2021), 987-995. Print. doi:10.31838/jcr.08.01.110



APA (American Psychological Association) Style

Ajike, Emmanuel Ogbonna, Ariguzo, Adaobi Vivian, Akinyosoye Olanrewaju, Nwankwere Idowu A. , Oyedeji, Fisayo (2021) Internally Generated Revenue and Transport Infrastructural Development in Lagos State Nigeria between 1998 to 2018. Journal of Critical Reviews, 8 (1), 987-995. doi:10.31838/jcr.08.01.110