Impact of Piracy and Sea Robberies on Fishing Business in Nigeria: A Focus on Lagos Coastal Area

Abdullahi Saheed Usman, Oluwaseyi Joseph Afolabi and Casmier Friday Nwoye
Additional contact information
Abdullahi Saheed Usman: College of Management Sciences Bells University of Technology
Oluwaseyi Joseph Afolabi: College of Management Sciences Bells University of Technology
Casmier Friday Nwoye: College of Management Sciences Bells University of Technology

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2019, vol. 20, issue 4, 396-408

Abstract: Nigeria as a littoral state with a coastline of slightly above 800 kilometers and located in the Gulf of Guinea (GoG) region puts the government in a position that requires her to deploy resources to combat the menace of piracy and sea robbery. Pirate activities affected not only the maritime transport sector, but the other forms of maritime economic activities. The study revealed that the inability of government to effectively curb activities of these criminals was to some extent influenced by corruption, poverty and inequality in the society. The research confirmed negative effects of piracy on sea businesses, particularly fishing activities, which was the crux of this investigation. The study recommend, amongst others, the Nigerian government should evolve sound resource management and equitable allocative practices to leverage the enormous natural resources and oil affluence to effectively address the cacophony of economic afflictions and legal framework should be revisited, reviewed, reformed and harmonised.

Keywords: Maritime; Piracy; Fishing; Trawling; Coastal Areas. (search for similar items in EconPapers)
JEL-codes: M10 R10 R40 R50 (search for similar items in EconPapers)
Date: 2019
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.rmci.ase.ro/no20vol4/02.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:20:y:2019:i:4:p:396-408

Access Statistics for this article

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT is currently edited by Marian Nastase

More articles in REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT from Faculty of Management, Academy of Economic Studies, Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Marian Nastase ().