Maritime transportation and the Nigerian economy: Matters arising

Lloyd, Chidi; Onyeabor, Emmanuel; Nwafor, Ndubuisi; Alozie, Onyedikachi Josiah; Nwafor, Morningglory; Mahakweabba, Ukachukwu; Adibe, Emeka

Abstract

Appraisal of the importance of maritime transportation to Nigeria’s economy is an effort in assessing the extent to which maritime transportation has contributed to Nigeria’s economy through gross domestic product (GDP) output. The paper x-rayed some problems and challenges that hinder the full realisation of the potentials of maritime transportation. Some of the identified problems and challenges include: insecurity, inadequate infrastructure, inadequate capital for investment and maintenance of ships, poor incentives for investors, lack of indigenous carrier vessels, sea unworthiness of such indigenous vessels where they are available, and poor integrated water transport systems.

• Journal Article Type: Article
• Online Publication Date: Jan 6, 2020
• Publication Date: Jul 3, 2019
• Deposit Date: Dec 24, 2023
• Journal: Commonwealth Law Bulletin
• Print ISSN: 0305-0718
• Electronic ISSN: 1750-5976
• Publisher: Taylor & Francis (Routledge)
• Peer Reviewed: Peer Reviewed
• Volume: 45
• Issue: 3
• Pages: 390-410
• DOI: https://doi.org/10.1080/03050718.2019.1708426
• Public URL: https://uwe-repository.worktribe.com/output/11469441