COST EVALUATION OF ROAD TRAFFIC ACCIDENT IN NIGERIA USING HUMAN CAPITAL APPROACH

Format: MS WORD | Chapter: 1-5 | Pages: 70 | 3447 Users found this project useful | Price NGN5,000

COST EVALUATION OF ROAD TRAFFIC ACCIDENT IN NIGERIA USING HUMAN CAPITAL APPROACH

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 isN65, 446, 757. 76 and the total accident cost isN 56,669,844,234.Therefore the cost per vehicle per kilometer is N60,804.03Km-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.

CHAPTER ONE

INTRODUCTION

1.1Background to the study

Accident can be defined as an unpleasant incident that happens unexpectedly; it can also be defined as an incident that happens by chance. Road traffic accident is therefore an unexpected phenomenon that occurs as a result of the use or operation of vehicles, and trucks, on thehighway, when a traffic accident occurs it may be fatal, resulting in deaths of road users (passenger, drivers, or pedestrians); serious when there is no deaths but a person is seriously injured, and minor when it is not serious enough as to cause substantial hardship. When there is no fatality, serious injury, minor or slight injury and only vehicular damage or property damage occurs, it is referred to as damage only accident.

Most citizens use the road at one point in time or the other, and therefore face a risk of road accident. Through road accidents, hundreds of productive citizens die every year. By these, many families have lost their bread winners, many wives have become widows and many husbands rendered widowers, countless number of children have become orphans many songs of victory and jubilations had been turned into morning and wailing overnight. Many dreams are shattered; plans and aspirations are laid to rest in the graves all in name of road accident.

Tags: COST EVALUATION OF ROAD TRAFFIC ACCIDENT ROAD TRAFFIC ACCIDENT IN NIGERIA USING HUMAN CAPITAL APPROACH COST EVALUATION OF ROAD TRAFFIC ACCIDENT IN NIGERIA USING HUMAN CAPITAL APPROACH

DOWNLOAD THE COMPLETE PROJECT

Project information

Project Price

NGN5,000
Number of Pages

70
Number of Chapters

1-5
Additional Content

Abstract, Table of Content & Questionnaire

COST EVALUATION OF ROAD TRAFFIC ACCIDENT IN NIGERIA USING HUMAN CAPITAL APPROACH

Not The Topic You Are Looking For?

For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005

Search for your project topic

HOW TO GET THE COMPLETE PROJECT ON COST EVALUATION OF ROAD TRAFFIC ACCIDENT IN NIGERIA USING HUMAN CAPITAL APPROACH INSTANTLY

Click on the Download Button above.
Select any option to get the complete project immediately.
Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

Abdulrahman Jibrin

Nti Abaji

Nice one work prompt delivery tanx

Very Good

Adam Alhassan Yakubu

UDS

Excellent work and delivery , I promise to share my testimonies everyone in need of this kind of work. You're the best

Excellent

Abraham Ogbanje

NATIONAL OPEN UNIVERSITY OF NIGERIA

At first I was afraid.. But I discovered they are legit. I will bring more patronize

Very Good

Joseph M. Yohanna

Thanks a lot, am really grateful and will surely tell my friends about your website.

Excellent

Musa From Ahmadu Bello University

Thank you iprojectmaster for saving my life, please keep it up and may God continue to bless you people.

Excellent

Azeez Abiodun

Moshood Abiola polytechnic

I actually googled and saw about iproject master, copied the number and contacted them through WhatsApp to ask for the availability of the material and to my luck they have it. So there was a delay with the project due to the covid19 pandemic. I was really scared before making the payment cause I’ve been scammed twice, they attended so well to me and that made me trust the process and made the payment and provided them with proof, I got my material in less than 10minutes

Very Good

Oluchi From Michael Opara University

If you are a student and you have not used iprojectmaster materials, you are missing big time! iprojectmaster is the BEST

Excellent

Ibrahim Muhammad Muhammad

Usmanu danfodiyo university, sokoto

It's a site that give researcher student's to gain access work,easier,affordable and understandable. I appreciate the iproject master teams for making my project work fast and available .I will surely,recommend this site to my friends.thanks a lot..!

Excellent

JONNAH EHIS

Ajayi Crowther University, Oyo

I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!

Excellent

Merry From BSU

I am now a graduate because of iprojectmaster.com, God Bless you guys for me.

Excellent

View All Reviews

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on COST EVALUATION OF ROAD TRAFFIC ACCIDENT IN NIGERIA USING HUMAN CAPITAL APPROACH? Simply click on the Download button above and follow the procedure stated.
I have a fresh topic that is not on your website. How do I go about it?
How fast can I get this complete project on COST EVALUATION OF ROAD TRAFFIC ACCIDENT IN NIGERIA USING HUMAN CAPITAL APPROACH? Within 15 minutes if you want this exact project topic without adjustment
Is it a complete research project or just materials? It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data
What if I want to change the case study for COST EVALUATION OF ROAD TRAFFIC ACCIDENT IN NIGERIA USING HUMAN CAPITAL APPROACH, What do i do? Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately
How will I get my complete project? Your Complete Project Material will be sent to your Email Address in Ms Word document format
Can I get my Complete Project through WhatsApp? Yes! We can send your Complete Research Project to your WhatsApp Number
What if my Project Supervisor made some changes to a topic i picked from your website? Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately
Do you assist students with Assignment and Project Proposal? Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately
What if i do not have any project topic idea at all? Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373
How can i trust this site? We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!