COST EVALUATION OF ROAD TRAFFIC ACCIDENT IN NIGERIA USING HUMAN CAPITAL APPROACH: ACASE STUDY OF ABUJA-LOKOJA ROAD
COST EVALUATION OF ROAD TRAFFIC ACCIDENT IN NIGERIA USING HUMAN CAPITAL APPROACH: ACASE STUDY OF ABUJA-LOKOJA ROAD
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Date
2014-05
Authors
GARBA, ABDULSALAM
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Abstract
Nigeria experiences the highest rate of road traffic accidents resulting in fatalities and various
levels of injuries. On Abuja-Lokoja road, traffic accident takes the lion’s share of the risk
having highest number of vehicular accidents withcorresponding fatalities and injurieswhich
has a great impact on cost and the socio-economic development of the society. It is therefore
necessary to gauge the monetary value of these losses in order to highlight the extent of
damage incurred to society as a whole. This research is focused on using Gross-Output
Model or Human Capital Approach to compute the cost of traffic accident on Abuja-Lokoja
road. The aim of this research is to formulate a model that can be used for estimating the total
cost of road accidents at all levels of severity. The extent of injury levels, property damaged
and general cost resultingfrom an accident using secondary data were obtained from
thePolices, Research and Statistics department of the Federal Road Safety Corps (FRSC) for
a period of eleven years (2000-2010).The research was carried out with the aid of
questionnaires and interview. The data collected were analyzed using the percentage
frequency distribution table and the result was used to cost the property damage cost and the
medical cost. The accident cost was decomposed and quantified based on the accident
severity levels.The cost per fatal accident isN 24, 853, 524, the cost per of serious injuries
accident isN633.520, and the cost of per minor accident isN 10, 575. 36, the total human cost
isN 55, 714, 330,477, the total properties cost isN 890, 067, 000, the police administrative
cost isN 65, 446, 757. 76 and the total accident cost isN 56,669,844,234.Therefore the cost
per vehicle per kilometer is N 60,804.03Km-1, the cost per kilometer is
N318,369,911 Km-1for Abuja-Lokojaroad. This result is in agreement with other researches
carried out using gross output method.
Description
A THESIS SUBMITTED TO THE POSTGRADUATE SCHOOL,
AHMADU BELLO UNIVERSITY, ZARIA
NIGERIA
IN PARTIAL FULFILMENT FOR THE AWARD OF MASTER
OF SCIENCE (M.Sc.) DEGREE IN CIVIL ENGINEERING
DEPARTMENT OF CIVIL ENGINEERING,
FACULTY OF ENGINEERING,
AHMADU BELLO UMIVERSITY, ZARIA
NIGERIA
Keywords
ROAD TRAFFIC,, ACCIDENT IN NIGERIA,, HUMAN CAPITAL,, ABUJA-LOKOJA ROAD,