Private Car Users’ Willingness to Pay for Designated Parking Spaces in Ile-Ife, Nigeria

What is it about?

Indiscriminate parking is one of the critical issues in the central bussiness districts (CBDs) of most African cities, including Nigeria. To manage the problem, this study examined the private car users' willingness to pay designated parking space at CBDs.This is with a view to providing information for sustainable provision of car park and its inherent facilities in major activity centers.

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Why is it important?

Information obtained on the car owners’ WTP for parking space and associated facilities could be effective device in the hands of policy makers and private investors at ensuring that the problems of the unavailability of car parks in the urban environment are curbed.