Authors : Olutope Adeniyi Adewole

Volume/Issue : Volume 11 - 2026, Issue 2 - February

Google Scholar : https://tinyurl.com/59y9ncfa

Scribd : https://tinyurl.com/uc4vx5pc

DOI : https://doi.org/10.38124/ijisrt/26feb173

Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.

Abstract : The Local Government Areas (LGAs) of Nigeria are struggling with persistent income deficits and high unemployment rates, which is hindering the development of grassroots communities. As a dual approach to increase Internally Generated Revenue (IGR) and generate job opportunities, this study evaluates the possibilities of constructing modern trailer parks that serve multiple functions and are reimagined as integrated transport logistics hubs. This article makes use of a narrative review technique to compile a synthesis of the literature from the fields of development studies, public administration, and transport economics. An integrated theoretical framework that incorporates Human Capital, Public-Private Partnership (PPP), and Fiscal Federalism serves as the basis for the investigation. The findings suggest that parks of this kind have the potential to create many layers of revenue through fees, leases, and formalized taxes, in addition to the creation of direct, indirect, and induced employment opportunities. On the other hand, the realization of this potential is dependent upon Nigeria overcoming its quintuple problem, which consists of informality, funding shortfalls, inadequate governance, environmental costs, and resistance from the community. The contribution that this study makes is the identification of critical success factors that are interdependent on one another. These factors include viable public-private partnership models, digital integration for transparency, strategic national siting standards, and proactive community benefit-sharing. The paper comes to the conclusion that trailer parks are a feasible instrument for local government area (LGA) economic autonomy and job creation, but that they require a significant amount of governance. This fact shifts the policy discussion away from the technological potential and towards the institutional conditions for successful implementation.

Keywords : Internally Generated Revenue (IGR), Local Government Finance, Truck Transit Parks (TTPs), Informal Sector Formalization, Public-Private Partnership (PPP).

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