TRADE AND TRANSPORT NEXUS IN THE ECONOMY OF OZORO, DELTA STATE NIGERIA
TRADE AND TRANSPORT NEXUS IN THE ECONOMY OF OZORO, DELTA STATE NIGERIA

Summary/Abstract: Both trade and transport logistics activities have flourished in Ozoro over the past decades. Based on these observations, this paper conjectures that trade and transport logistics development are mutually reinforced. The potential economic impacts of transport improvement are not only likely to be significant and wide-ranging. Developing an understanding of the transport and transport related challenges opportunities facing alternative industry sectors is an important first step in the development of an investment programme to improve productivity and competitiveness particularly in a local economy such as Ozoro, in Delta, state Nigeria. Improvements in transport connectivity driven by increased network capacity, reduced travel times and cost together with improved network reliability generate improvements in productivity through what are sometimes referred to as agglomeration economies.

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