IIARD International Institute of Academic Research and Development

IIARD International Journal of Economics and Business Management (IJEBM )

E-ISSN 2489-0065
P-ISSN 2695-186X
VOL. 10 NO. 8 2024
DOI: 10.56201/ijebm.v10.no8Sept.2024.pg101.112

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An Appraisal of The Socio-Economic Impact of Commercial Tricycles in Yola Metropolis, Adamawa State, Nigeria

Amade Peter, Ezekiel Mijah Elias and Idi Adamu

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Abstract

This study examines the socio-economic impact of commercial tricycles in Yola metropolis, Adamawa State. The study was conducted using cross-sectional data, which were collected using well- structured questionnaires. A sample of 366 was drawn from a population of over 9000 tricycle riders in Yola metropolis using multi-stage sampling techniques. The data collected were analyzed using logistic regression analysis techniques. The results of the analysis suggests that that age, marital status, level of education, place of residence, ownership of tricycle and being a tricycle rider are significantly more likely to have significant impact on the overall income of the tricycle riders in Yola metropolis, Adamawa State. The study recommends among others that the government of Adamawa State consider the introduction of an empowerment program where people will be given tricycles, either on hire purchase or people should provide at least 40 percent of the total cost. This should be done under a strict supervision and condition in addition to severe penalties in case of default by the beneficiaries so as provide income generation employment for some youths of Yola metropolis and Adamawa State entirely.

keywords:

Transportation Tricycles, Income, Poverty Reduction, Logit Regression.

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