TRANSPORT INFRASTRUCTURE AND ECONOMIC GROWTH IN NIGERIA:

CAUSALITY ANALYSIS

Onikosi-Alliyu S.O.

Department of Economics

Al-Hikmah University Ilorin, Ilorin, Nigeria

ABSTRACT

The main aim of this study is to establish if there is a causal relationship between transport infrastructure and economic growth in Nigeria over the period 1970-2010.  Granger causality test was adopted and it showed that both instantaneous and past values of transport infrastructure have explanatory power on economic growth in Nigeria while the opposite could not be established. The study therefore concluded that infrastructural led policy should be pursued to ensure economic growth in Nigeria.