How does the MASSIVE TRAFFIC in Lagos Nigeria impact businesses? | #Transportation

This video is about how does the massive traffic in Lagos Nigeria impact businesses. This is our transportation segment in Nigeria.

22 million people live in Lagos Nigeria. Lagos is Nigeria’s smallest state. Traffic costs the state of Lagos billions of naira. Welcome to Transportation, the segment where we break down everything in the Nigerian transportation sector.

Lagos is known for traffic. Go-slow is a way of life in Lagos.

But have you thought about the impacts of traffic on business in Lagos?

Forbes, Lagos is the 3rd worst city to drive in globally with about 60% congestion.

According to punch, Lagos residents spend 3 out of 10 years in traffic. Lagosians spend an average of seven hours 20 minutes in traffic every day.

Now what is the impact to businesses.

According to “The Socio-Economic costs of traffic congestion in Lagos” Lagosians collectively lose 3 billion hours to traffic congestions yearly, and that if that time were reduced by 20 per cent, it would save the state at least $1 billion dollars or (about N150 billion) yearly.

Traffic reduces productivity.

Think about it, Business lose because all their workers are spending time traveling to work rather than working; delaying (or missing) meetings; due to long travel time.

It is quite normal seeing road rage incidents on the road, because people are stressed. plus sitting in cars contributes negative to exposure to pollution.

There are also cases when goods get destroyed on transit due to lack of good road networks.
Security issues on the road because of traffic. Dispatcher riders (delivery men and women getting robbed).

The bad roads mess up cars. So if you are a business that errands an errand business, you are going to have an high car maintenance bill.

Why is the traffic so bad in Lagos?


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