Moses Orshio Adasu University, Makurdi

Rail-Transportation and Economic Growth in Nigeria (1986-2021)

Jude O. Ikubor, Israel Onokero Imide, Kalat Ali and Abram Umola Ojih

Abstract

The study examines the impact of the rail-transportation sector on economic growth in Nigeria from 1986 to 2021. The autoregressive distributed lag (ARDL) model was used to estimate the parameters. According to the coefficient values, the results of the model's regression clearly demonstrate that rail transportation (RT) and agricultural output (AGR1) are positively related to and significant at the 5% level with economic growth in Nigeria. Furthermore, the coefficient value indicates a positive relationship between Gross Fixed Capital Formation (GFCF) and GDP growth. However, the relationship is insignificant in the long run. The findings indicate a causal association between rail transportation and Nigeria's economic growth. It is therefore recommended the need to put some development programmes with aimed of expanding the physical, managerial and operational capabilities of the rail - transport in order to meet the rail- transport demands in Nigeria and

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