Assessment of the Influence of Lagos Bus Rapid Transit Scheme (BRT-Lite) on Road Traffic Crashes (RTC) on Lagos Mainland-Island Corridor

Ajayi, Adeyinka Peter

doi:10.2174/1874447801711010102

Cited by 7 publications

(6 citation statements)

References 13 publications

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“…The model for this study accepts a basic connection between impacts of credit risk management on deposit money banks performance in Nigeria. The review follows a comparative examination strategy utilized by Ajayi and Ajayi (2017), Kolapo, Ayeni and Oke (2012). For instance Kolapo, Ayeni and Oke (2012)…”

Section: Theoretical Frameworkmentioning

confidence: 99%

Capital Adequacy and Deposit Money Bank's Return on Asset (Roa) in Nigeria

Adeoti¹,

Akinroluyo²

2022

Financ. account. res. j.

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This study investigated capital adequacy and Deposit Money Bank's (DMB) Return on Asset (ROA) in Nigeria in which the effect of capital to asset ratio on bank's profit margin and the relationship between solvency and asset turnover was examined. The study population of the study comprised Nigeria deposit money banks listed on the floor of Nigeria Stock Exchange as at 2021. Sample of bank selected was Zenith Plc, Guaranty Trust Bank Plc (GTB), First Bank Nigeria Limited, Access Bank Plc, and United Bank for Africa Plc based on global ranking order and the fact that they are listed on Nigeria Stock Exchange. To determine the effect of capital adequacy on banks performance, Ordinary Least Square (OLS) regression model was employed the data collected within the period of 2006-2020. The findings of this study revealed coefficient of 0.080034 implies 1% change in capital to asset ratio would lead to 8% increase change in profit margin ratio and p-value of 0.042223 shows that CTA has statistical significant effect on profit margin of the selected banks within the period under study; coefficient of 0.04587 implies 1% change in solvency would lead to 4.58% change in asset turnover of the selected DMBs under the period studied, p-value of 0.0000611 shows that SOLV has statistical significant relationship with ATU of the selected banks within the period under study. The study recommends bank decision makers should give consideration for its solvency status and capital to asset ratio when investigating factors affecting bank’s actualization objective. In addition, DMBs in Nigeria should ensure that they maintain above minimum capital to asset ratio level in order to guarantee an efficient profit margin. Also, the ability of DMBs to meet their short and medium term financial obligations must be fortified in order to keep the performance at per. Keywords: Capital Adequacy, Return on Asset, Capital to Asset Ratio, Solvency, Profit Margin and Asset Turnover.

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Section: Theoretical Frameworkmentioning

confidence: 99%

Capital Adequacy and Deposit Money Bank's Return on Asset (Roa) in Nigeria

Adeoti¹,

Akinroluyo²

2022

Financ. account. res. j.

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“…Road traffic on the boulevard is more secure because of the separation of passageways, and it has the ability to pass traffic faster. Also, it is easier to construct a special line for passing the BRT fleet in passages with higher line widths [16].…”

Section: Type Of Passage and Passing Width Of Each Passagementioning

confidence: 99%

Multi-Purpose Road Network Modeling and Traffic Organization by Using Spatial Information Systems

Jami¹

2019

JGIS

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The first and most important step in designing a public transportation system is to determine the best way to move the fleet, which, in addition to providing the maximum demand for passengers, can be appropriate in terms of economic parameters and operating costs for the operating organization. The subject of this study is to determine the best route for starting the BRT line based on the eight objectives of the subset of the users' needs, route of the fleet movement and its traffic conditions and the conditions of the operating organization, between the Fixed Origin and destination. The Analytic Network Process has been used to prioritize the intended goals and determine the contribution of each to advance the issue. Replacing a hierarchical structure with a network structure in order to model the complex communication between decision elements is the advantage of the Analytic Network Process compared to the conventional methods of multi-criteria evaluation. Then, urban roads are categorized according to their role in relation to each of the problem parameters, and finally, the selected route is identified using the Arc GIS10.5 specialized software. The reached path (between the Qods terminal and the Khorram terminal) has been able to cover a population of 40,000 people, equivalent to 20 percent of the population of the study area. Considering a large number of parameters affecting in this problem, has created comprehensive result from the understanding and application of factors affecting the process of the problem, as opposed to most existing studies that use up to two or three goals.

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“…The safety of BRT systems has become a topic of interest because, while BRT systems improve transit travel times relative to traditional bus routes, continuing to ensure safety is paramount. Research from around the world has shown that BRT systems can improve safety, with international research identifying up to 50% reductions in traffic fatalities ( 5 , 6 ). Researchers in Latin America, Asia, and Africa identified that center-lane designated bus lanes are safer than outside bus lanes or counter lane bus routes ( 7 , 8 ).…”

Section: Introductionmentioning

confidence: 99%

“…Although research supports the hypothesis that a full BRT system improves traffic safety, there is still a need for more empirical research to further understand these benefits ( 6 , 17 ). For example, much prior research was performed outside the United States, where the country’s generally poor record of traffic safety outcomes relative to other countries with developed economies makes the case for performing an analysis in a U.S. context.…”

Section: Introductionmentioning

confidence: 99%

Impact of Bus Rapid Transit Construction and Infrastructure on Traffic Safety: A Case Study From Albuquerque, New Mexico

Bia

Ferenchak

2022

Transportation Research Record: Journal of the Transportation R

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Bus rapid transit (BRT) systems are becoming increasingly popular, yet their interaction with traffic safety in the United States has not been fully explored. How do BRT systems affect traffic safety, specifically for vulnerable road users such as pedestrians? Albuquerque, New Mexico recently installed the Albuquerque Rapid Transit (ART) system, a BRT system running along Central Avenue, a main east/west corridor through the city. Using collision data and volume counts for three snapshots in time (before, during, and after construction of the BRT), we analyzed the safety outcomes (all collisions and fatal/serious injury collisions) for all road users and pedestrians. We compared outcomes from the ART corridor to outcomes on alternative routes, on control segments of Central Avenue (those that did not see ART construction), and across the city. Collision counts saw the strongest decreases from before to after on the ART corridor (−8.2%). These benefits were more marked for fatal and serious injury collisions, with those collisions decreasing by 64.9% on ART (compared with a 5.7% decrease on control segments). Although vehicle volumes decreased an average of 28.6% after construction on Central Avenue, per-vehicle rates of fatal and serious collisions still decreased 57.1%. These results indicate that ART made the corridor safer overall (fewer total collisions), and while the risk to individual drivers increased, an individual’s chance of being fatally or seriously injured decreased significantly (−57.1%). Findings suggest that BRT systems can play an important role in the pursuit of a safe, healthy, and efficient transportation system.

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Assessment of the Influence of Lagos Bus Rapid Transit Scheme (BRT-Lite) on Road Traffic Crashes (RTC) on Lagos Mainland-Island Corridor

Cited by 7 publications

References 13 publications

Capital Adequacy and Deposit Money Bank's Return on Asset (Roa) in Nigeria

Capital Adequacy and Deposit Money Bank's Return on Asset (Roa) in Nigeria

Multi-Purpose Road Network Modeling and Traffic Organization by Using Spatial Information Systems

Impact of Bus Rapid Transit Construction and Infrastructure on Traffic Safety: A Case Study From Albuquerque, New Mexico

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