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This video is about how does the massive traffic in Lagos Nigeria impact businesses. This is our transportation segment in Nigeria.
22 million people live in Lagos Nigeria. Lagos is Nigeria’s smallest state. Traffic costs the state of Lagos billions of naira. Welcome to Transportation, the segment where we break down everything in the Nigerian transportation sector.
Lagos is known for traffic. Go-slow is a way of life in Lagos.
But have you thought about the impacts of traffic on business in Lagos?
Forbes, Lagos is the 3rd worst city to drive in globally with about 60% congestion.
According to punch, Lagos residents spend 3 out of 10 years in traffic. Lagosians spend an average of seven hours 20 minutes in traffic every day.
Now what is the impact to businesses.
According to “The Socio-Economic costs of traffic congestion in Lagos” Lagosians collectively lose 3 billion hours to traffic congestions yearly, and that if that time were reduced by 20 per cent, it would save the state at least $1 billion dollars or (about N150 billion) yearly.
Traffic reduces productivity.
Think about it, Business lose because all their workers are spending time traveling to work rather than working; delaying (or missing) meetings; due to long travel time.
It is quite normal seeing road rage incidents on the road, because people are stressed. plus sitting in cars contributes negative to exposure to pollution.
There are also cases when goods get destroyed on transit due to lack of good road networks.
Security issues on the road because of traffic. Dispatcher riders (delivery men and women getting robbed).
The bad roads mess up cars. So if you are a business that errands an errand business, you are going to have an high car maintenance bill.
Why is the traffic so bad in Lagos?
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Obadele Kambon's PhD Thesis Defense which took place at University of Ghana-Legon on 20 June 2013. Talk and Most of Question/Answer session.
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Kuffour Blaming Ghana’s Hardship On Dr. Kwame Nkrumah Is Diversional Tactics- Fuseini Donkor
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Label: BHM (Brobisco House Of Music) – KBL 040
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Tanzania Visa and Voluntary Residency Permits (MUST WATCH). In This Episode, learn about Tanzania Visa process for non- citizens. If you are travelling to Tanzania and have an interest to visit one day then this information is for.
In This Episode we discuss the following:
How to obtain a (Student Pass/Visa) in Tanzania
How to obtain a Residency Permit (Class C )
Tanzania Mulitiple Entry Visa
Tanzania Single Entry Visa
Here is the Official Tanzanian E-VISA Website to apply for a single entry/ multiple entry Visa Online: https://eservices.immigration.go.tz/visa/start
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Neuromarketing: How Companies Are Studying Your Brain for Profit | Investigative Documentary from 2012
More and more companies are turning to neuromarketing. This controversial practice involves studying consumers’ brains, analyzing how and why we respond to certain stimuli, in order to influence our decisions. It’s based on the idea that 90% of the decisions we make are taken at a subconscious level. If a brand can speak directly to our ‘gut instinct’, bypassing reason, they will sell more products. One company that has used neuromarketing is McDonald’s. They developed a perfume that was subtly diffused in restaurants to increase brand association and boost sales. Proctor & Gamble also tried a similar trick. Sales of Ariel washing powder increased by 70% after an artificial perfume was placed under the lid.
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