TO GET THE COMPLETE JOURNAL/THESIS FOR TOPIC BELOW,
CALL: 08168759420, 08068231953
WHATSAPP: 08137701720
IMPACT OF TRANSPORTATION COST ON PRICES OF CONSUMABLE COMMODITIES IN ANAMBRA STATE.
Abstract
The biting impact of transportation cost on prices of consumable commodities in Anambra state has triggered the consciousness and interest of policy makers due to its impact on the welfare of the populace. Hence, this study examined the impact of transportation cost by exploring its causes and effects on the prices of consumable commodities in Anambra state. To achieve this, the study used multi stage cluster sampling techniques as a survey research design. Three political wards were chosen from the three senatorial districts of the state to reflect the urban, semi-urban and rural areas. 210 copies of questionnaires were administered to the participants, but 200 were returned and made available for analysis. The returned questionnaires were analysed using mean statistics with 2.5 as cut off point. The result shows that high transportation cost which is linked to bad roads, illegal collection of money by high way patrol team, high price of motor spare parts and high fuel prices contributes to the continuous rise of consumable commodities in Anambra state of Nigeria. Thus, the study recommends among other things that Anambra state government should endeavour to maintain the major high ways and other feeder roads to reduce wears and tears on transportation vehicles, and also curtail illegal collection of money by the high way patrol team to reduce the burden on transportation costs which impacts negatively on the prices of consumable commodities in the State.
Key Words: Transportation, Consumable, Commodities, Prices