Economic Assessment of Infrastructural Development for the Gurara River in Nigeria

by B. F. Sule, Univ of Ilorin, Nigeria,



Document Type: Proceeding Paper

Part of: Water Resources Infrastructure: Needs, Economics, and Financing

Abstract:

Based on the preliminary designs of the hydraulic structures for the proposed Gurara river water development project in Nigeria, an economic feasibility analysis is presented. The cost of the main dam, apportioned among the three primary purposes (water supply, hydropower and irrigation) using the separable cost-remaining benefits (SCRB) method, was added to cost of the hydraulic units serving a particular purpose. The total costs were combined with the benefits to each purpose to evaluate the economic feasibility of the project. An overall benefit-cost ratio of 1.2 was obtained, indicating that the development of the River Gurara for beneficial uses would be viable.

Subject Headings: Economic factors | Hydraulic structures | Water resources | Benefit cost ratios | Rivers and streams | Developing countries | Water supply | Nigeria | Africa

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