EUROPEAN JOURNAL OF ACCOUNTING, FINANCE & BUSINESS

Motto: Show the world how you think!

Current Issue

The current issue of the journal read...

Authors' guidelines

All you need to know in order to publish in our journal read...

Submission

Here you can submit your paper continue...

Contact

Contact us here...

 

ISSN: 2344 - 102X

ISSN-L: 2344 - 102X



 

Article from Volume 6, Number 3, Year 2018

STREET TRADING ACTIVITIES AND ITS EFFECTS ON TRAFFIC FLOW: A STUDY OF IGANDO BUS-STOP IN LAGOS STATE
Download
Author(s): Olayiwola Mojeed Giwa, Joel Ayodeji Asaju, Rafiu Olorunnimbe
DOI: 10.4316/EJAFB.2018.638
Abstract: Street trading activities provide daily service for the smooth functioning of a city which includes provision of jobs and reduction of unemployment. Although, the money generated from street trading is low and safety is generally poor. The problem arises when these activities tend to affect or even dictate the pattern of traffic flow. The street trading activities greatly affects the efficiency of traffic flow in the area. People display their goods along sensitive and busy routes. These in return, have several effects on the efficient movement of people and goods, trips take longer time, people often becomes victims of preventable accidents, pollution caused by noise generated by advertisement and traffic diversion. Igando bus stop, is located in Alimosho LCDA of Lagos. Therefore the objective of this paper was done carrying out a traffic count survey on the flow of traffic during the period of less street trading activities and vice-visa. Two basic types of data sources were used for the realization of the objectives of this paper. Purposive random sampling technique was used to collect the required information from the respondents in the study area. Findings derived from the study shows that activities of the traders have adverse effects on traffic flow in the study area and lack of car parking spaces within the market area and shopping centres have affected the flow of smooth traffic in that corridor.
Keywords: Hawkers, Infrastructure, Market, Pedestrian, Traffic Flow
References:
Books
1. De Soto, H. (1989). The Other Path. The Invisible Revolution In The Third World. Harper And Row: New York.
2. Renooy, P.H (1990). The Informal Economy: Meaning, Measurement And Social Significance. Netherlands Geographical Studies, Amsterdam.
Chapter From The Book
3. Achumba, I.C., Harvey, M.G., Rothe, J.T. (1984). Marketing Of Nonconsumer Goods In Foreign Markets: The Case Of High-Technology Products”. In: Kaynak, E. (ed.), International Marketing Management, New York: Praeger, 121-138.
4. Aduwo, A., Adeyeye, J., & Oluwadare, O. (1999). Street Trading In Metropolitan Lagos. In Olaseni, A.M., (Ed.). Urban And Regional Planning In Nigeria- A Collection Of Readings. A Journal Of Nigerian Institute Of Town Planners, Lagos State Chapter.
5. Frey, B.S. (1989). How Large (or Small) Should The Underground Economy. Feige (Eds.). The Underground Economy: Tax Evasion And Information Distortion. Cambridge University Press, 111-129.
6. Sethuraman, S.V.. (1976). The Urban Informal Sector: Concepts, Measurements And Policy. International Labour Review, 114(1), In Fred Fruitman (Ed.). Training For Work In The Informal Sector. Geneva: ILO.
Article From Journals
7. Farinmade, A. & Anyakora, M.I. (2012). The Challenges Of Improving Informal Sector Activities Conditions In Lagos Island, Nigeria. British Journal Of Arts And Social Sciences 6(2), 218-232.
8. Feige, E.L. (1979). How Big Is The Irregular Economy, Challenge, 22, 5-13.
Thesis Published / Unpublished
9. Adebesin, A. (2002). An Investigation Into Street Trading In Oshodi. An Unpublished Dissertation Submitted To The Department Of Urban And Regional Planning, Yaba College Of Technology.
10. Lawanson, T. (2011). Assessment Of Home-based Economic Enterprises In Residential Areas Of Lagos Metropolis. An Unpublished PhD Thesis, Federal University Of Technology, Akure.
Legislation
11. Federal Republic Of Nigeria (1992). The Nigerian Urban And Regional Planning Law. Decree 88 Feige.
Internet Source
12. Central Bank Of Nigeria (CBN) (1998). Annual Report And Statement Of Accounts For The Year Ended 31st. December 1997. Retrieved September 15, 2018 From Https://www.chch.ox.ac.uk
13. Dar Al-Handasah (1994). Mass Transit And Transport Systems Management Programme For TheLagos Metropolitan Area, Vol. 2- Study Conducted For Federal Republic Of Nigeria, Federal Ministry Of Transport And Communication.
14. International Labour Organization (2002). The Informal Sector In Sub – Saharan Africa. Working Paper On The Informal Economy, Geneva.
15. Wikipedia, The Free Encyclopaediaabstact Http://en.wikipedia.org/wiki/informal Sector
 
Back to journal ...

 
     
     
Copyright LP/DET 2023