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The Presidential Order and Challenges of the Maritime Sector in Nigeria

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  • OBED B.C. NDIKOM
  • BUHARI SODIQ OLUSEGUN

Abstract

This paper evaluated the 2017 Presidential order and the challenges of the Nigeria Maritime Sector as it hampered the smooth, efficient and effective running of the activities within the maritime sector. These challenges ranges from operational delays, marine theft or robbery, hijacking or kidnapping, piracy, militancy, illegal maritime operations and the likes. The implications are enormous as they have over the years significantly impacted negatively on critical sector of the economy ranging from transportation, production, oil and gas sectors and more importantly, threatened the growth and advancement of the regional maritime trade. This paper adopted several literatures and from their assessment and analysis, it was found that, significant relationship existed between the presidential order and the ease of doing business within the maritime sector. The study also found that there is a significant relationship between the presidential order and infrastructural development of the maritime sub-systems. It was also recommended that going forward, government’s approach to maritime policies and issues should be devoid of any form of ad-hoc, fire brigade or kill-and –go methods that have never helped us in this part of the globe. Hence, stakeholders’ engagement is dimmed necessary for an effective, efficient and sustainable maritime security and safety to prompt maritime operational activities.

Suggested Citation

  • Obed B.C. Ndikom & Buhari Sodiq Olusegun, 2019. "The Presidential Order and Challenges of the Maritime Sector in Nigeria," International Journal of Science and Business, IJSAB International, vol. 3(4), pages 117-133.
  • Handle: RePEc:aif:journl:v:3:y:2019:i:4:p:117-133
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    References listed on IDEAS

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    1. Paul Hallwood & Thomas J. Miceli, 2013. "An Economic Analysis of Maritime Piracy and its Control," Scottish Journal of Political Economy, Scottish Economic Society, vol. 60(4), pages 343-359, September.
    2. Sami Bensassi & Inmaculada Martínez-Zarzoso, 2012. "How Costly is Modern Maritime Piracy to the International Community?," Review of International Economics, Wiley Blackwell, vol. 20(5), pages 869-883, November.
    3. Helen B Bendall, 2010. "Cost of piracy: A comparative voyage approach," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 12(2), pages 178-195, June.
    4. Xiaowen Fu & Adolf K.Y. Ng & Yui-Yip Lau, 2010. "The impacts of maritime piracy on global economic development: the case of Somalia," Maritime Policy & Management, Taylor & Francis Journals, vol. 37(7), pages 677-697, December.
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