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INTRODUCTION
Infrastructure is necessary for any advanced Business environment. In many areas it connects the customers to the service provider. The case may differ in different cases pertaining to the nature of the business. In a business society where population is dense, traffic is likely to be created hence, causing inconveniences for these customers to get services by the service provider at due time. I will like to enumerate the need for infrastructural development in respect to business.
Infrastructure as a Case Study
Meaning: Infrastructure can be defined as the fundamental system and services provided by a country to aid conveniences in the way life of it's people, these services are not limited to water, power, road network, building, etc.
Any country that plans to move for a better business environment should consider Infrastructure as key to business development.
How Road Infrastructure helps in the Business World.
Road Infrastructure helps Business in many ways such as opening new areas for business, easy transportation of goods to designated places and early submission of employees at Business organization.
In rural areas where there is small or no infrastructural development, business in such area are not developed. Business in rural areas are not encouraging due to bad road network, poor power supply and lack of water. Here the cost of running a business is high. But with good road network which connect the rural area to the urban areas, services are provided to this community and development starts from this point. Moreover, the people from the rural areas can go to the urban areas to get services for themselves.
Role of Power Supply in Business
In today's Business power supply is necessary, it is used for powering up machines and systems. Therefore, power is mostly needed in business organizations like communication, banks, and insurance companies. In countries where all these are available, the business growth is huge compared to development in countries where infrastructure is still underachieved. Compare the likes of Germany, China, USA and Japan to the likes of Nigeria, Cameroon and Venezuela. No disrespect to these countries they are still developing.
CONCLUSION
In my own opinion, if power and water are properly looked into the government and road network made top priority, I believe Nigerian citizens would be able to maximize their efforts in making Nigeria a world class business hub and inclusion infrastructure is very important to business development in Nigeria. Thank you.
CC:
@kouba01
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@ijelady
Good road network contributes to the fast movements of businesses in Urbana areas more than rural areas. It simply means. Good road are the key factor of developments with power supply. Your article is very educative thanks for sharing it with us.
Thanks and I promise to keep posting educative articles, you deserve the accolades ma.
I agree with you road should be the priority of every government. Because with good road moving things from one place to another will be easy.
Obviously that is what backup successful business, the ability to distribute goods and access to new area can boost business organizations.
Note: You must enter the tag #fintech among the first 4 tags for your post to be reviewed.
Thank you, I promise to continue creating quality posts and stay active.
Good road make business run well because people will not have any excuse not to stop by.even electric contribute alot to business too
Yes... That's why we have to encourage any government that focus on road Infrastructure. Thank you for seeing from my point of view.
When you talk about infrastructure, I appreciate Akwa Ibom State Government state for the work the are doing
Yes ma'am, they really try but there are some states that needs Infrastructure. We've gone far.