Nigeria Loses 3% GDP Yearly To Road Accidents – FRSC

road accident
 Corps Marshal of the Federal Road Safety Commission, FRSC, Boboye Oyeyemi, has stated that over 3% of the nation’s Gross Domestic Product (GDP) was lost yearly to road accidents.

Oyeyemi who stated this during the corps ember month mega rally on road safety campaign at Itam Central Motor Park, in Uyo, Akwa Ibom State, explained that in 2014 alone, Nigeria lost an equivalent of $10billion, to road traffic crashes.

According to him, the corps headquarters’ 2015 ‘ember months’ special patrol with the theme: “driving safely into 2016,” was designed to consolidate on the success recorded in 2014.

Represented by Deputy Corps Marshal, Adei Abu, Oyeyemi said the rally was important, judging from the fact that the country had the largest road network in West Africa and second largest in sub-Saharan African.

He explained that from 1960, to the third quarter of 2015, Nigeria has recorded 344,367 road accident-related deaths with most of the dead being within the productive age.


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