Abstract
Poor management practices of road transport assets posed a challenge to the sustainable development of the transport system in developing countries like Nigeria. Studies in the past focused mainly on the performance of road construction process. However, few studies have evaluated the effect of the fourth industrial revolution (4.0IR) on the road transport assets in developing countries such as Nigeria. The current study aimed at assessing the effect of the fourth industrial revolution towards improving the management practice of road transport assets. Survey instruments were administered to project and facility managers in the Nigerian road construction sector of the economy using a proportionate random sampling technique. Partial least square structural equation modelling was used for data analysis utilising the Warp 7.0 PLS-SEM software algorithm. The software calculates p-values with WarpPLS based on non-parametric algorithms, resampling or stable algorithms and thus does not require that the variables to be normally distributed. The study concluded that 4.0IR drivers have a moderate effect change on the management practice of road transport assets in Nigeria at the moment. The findings imply that management of road assets in Nigeria would moderately improve due to 4.0IR technologies resulting in transport, safety and general efficiency and effectiveness of road networks in Nigeria. The study identified 4.0IR drivers to include; robotics, mobility, virtual and augmented reality, internet of things and cloud computing, machine learning, artificial intelligence, blockchain, 3D printing drones that are built with an attached 3D printer, (the drone hangs a 3D printing nozzle that's fed plastic, concrete mix or other material from a tube connected to the top of the drone's printing path that precisely plotted by software, for a promised printing accuracy of 0.1mm),and digital engineering. This study emanated from the government reports and past studies in the area of road transport asset management practice which the study investigated the major causes of poor practices and assessed the effect of the fourth industrial revolution on the practice.