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Some factors affecting daily profits of commercial motorcycles in Akure, Nigeria

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  • Fasakin, J. O.

Abstract

One factor responsible for the continuous prominence of commercial motorcycles (locally called Okadas) in Nigeria today, is the relentless drive by operators to make good profits everyday. Any planning prescription designed to improve this mode of public transport will fail if it does not recognise adequately factors affecting operators' daily profits. This paper estimates some factors that affect daily profits of commercial motorcycles in Akure, Nigeria. The Okadas are regarded to have contributed to improved public transportation in the city. Empirical estimates show that factors that significantly affect daily profits of the Okadas include: the number of passengers that operators carry at a time; the various daily traffic-related problems they go through; and the average time spent on a trip. Other important factors include ownership of machines, and peak hour operations. Some policy implications of the findings are discussed.

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  • Fasakin, J. O., 2001. "Some factors affecting daily profits of commercial motorcycles in Akure, Nigeria," Transport Policy, Elsevier, vol. 8(1), pages 63-69, January.
    • Handle: RePEc:eee:trapol:v:8:y:2001:i:1:p:63-69
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    1. Canning, David, 1998. "A Database of World Stocks of Infrastructure, 1950-95," The World Bank Economic Review, World Bank, vol. 12(3), pages 529-547, September.
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    1. Hagen, Jonas Xaver & Pardo, CarlosFelipe & Valente, Johanna Burbano, 2016. "Motivations for motorcycle use for Urban travel in Latin America: A qualitative study," Transport Policy, Elsevier, vol. 49(C), pages 93-104.
    2. Márquez, Luis & Pico, Ricardo & Cantillo, Víctor, 2018. "Understanding captive user behavior in the competition between BRT and motorcycle taxis," Transport Policy, Elsevier, vol. 61(C), pages 1-9.
    3. Ehebrecht, Daniel & Heinrichs, Dirk & Lenz, Barbara, 2018. "Motorcycle-taxis in sub-Saharan Africa: Current knowledge, implications for the debate on “informal” transport and research needs," Journal of Transport Geography, Elsevier, vol. 69(C), pages 242-256.

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