The high cost of transportation is both financial and non-financial and is a problem that affects not only individuals but also the cities they live in. It causes financial losses, environmental damage, and health concerns.
Lagos, the most populous and fastest-growing city in Africa, is not immune to these problems, with its residents spending an average of 30 hours a week in traffic, one of the highest figures in the world. That’s not all; Lagos is projected to lose $21 billion monthly by 2030 as a result of vehicular traffic. In addition, World Bank has reported that at least 30,000 people die every year from pollution in Nigeria – 30% comes from road transportation.
The rising population in cities also causes an increased demand for transportation. By 2030, Lagos, Cairo, and Kinshasa would each have a population of 20 million while Luanda, Dar es Salaam, and Johannesburg would be over 10 million. Sadly, there is insufficient or unavailable infrastructure to…
