Technologıcal Advancements in Nıgerıa’s Marıtıme Trade: A Framework for Enhanced Effıcıency nd Growth

Abstract

The paper reviews how technological advancement is central to the growth of
Nigeria’s maritime trade and examines the critical importance of technological
advancement to the enhancement of efficiency in the maritime sector. It evaluates
eight objectives that mirrored the research problem and adopts cross-sectional
survey design to examine the population of study. Out of a population of 603, Taro
Yamane formula was used to determine the sample size of 264. In order to analyze
the data gathered, descriptive statistics was used. The study adopted simple
random sampling technique due to its ease of use and accuracy of representation.
From interviews, literature review, media reports and critical stakeholders’
opinions, the study identifies various unethical practices and gaps that hinder
efficiency of maritime trade in Nigeria as well as the challenges confronting the
maritime sector, which modern technologies could help to resolve. The study
establishes the relationship between technological advancement in Nigeria and
maritime trade and identifies numerous benefits of deploying modern technologies
in the quest to optimize maritime trade in Nigeria. Consequently, the study
recommends, among others, that the Federal Government of Nigeria should
ensure that the seaports adopt modern technologies and encourage them to
subscribe to full digitalization and automation in order to make the Maritime
Single Window and the Port Community System optimally functional for efficient
maritime trade.