Experts have revealed that the infamous Apapa traffic in Lagos is costing the nation about N5billion daily.
Experts have estimated that the gridlock on Apapa-Oshodi expressway costs the nation’s economy about N5billion daily in man-hour losses.
The notorious traffic jam makes almost the entire stretch of the Apapa-Oshodi road, linking the Murtala Mohammed International and Lagos Domestic Airports, impassable on a daily basis due to the long queue of fuel tankers,
According to Dr. Emeka Enebeli, a maritime expert and President of Apapa Club and Prof. Bamidele Badejo, a former Lagos Commissioner for Transportation, the situation has heightened inflation in the country as businesses attempt to pass on the man-hour loss to consumers.
Neither the Federal nor Lagos State Government has been able to proffer answers to why the Apapa traffic gridlock has become intractable over the years, despite all manner of committees set up over the years to address the menace that is gradually crippling businesses in Lagos, the heart of Nigeria’s economy.
Enebeli, in an interview kicked for the removal of haulage trucks from the road and some of their cargoes put “on the rail and others on the water, then the traffic situation will be solved.”