Risk Exposures, Vulnerability and Mitigation Methods among Road Transport Workers in Nigeria

Abstract

This study examines risk exposures among Road Transport Worker and their methods of mitigation.   A simple random sampling technique was used to select respondents from Lagos State. Nigeria.  In order to determine how different types of risk exposures contribute to number of accidents on the roads, Cramer’s V was used to analyze and test the formulated hypotheses at 0.05 significant levels. The result of the findings revealed that age, driving experience, treatment seeking behavior and speed limit have significant relationship with drivers’ risk exposures. The study also reveals that younger drivers are more exposed to accident than older drivers and the treatment seeking behavior used by the Road Transport workers exposed them as well as their families to financial danger. In line with these findings, it was recommended that Road Transport Workers, RTW should use a formalized means to mitigate their losses.

Keywords: Risk, Vulnerability, Mitigation, Risk exposure, Accident, Insurance