9 research outputs found
Understanding the Impact of Strategic Change Management on the Maritime Crude Oil Transportation Industry in Nigeria
Maritime transportation plays a strategically crucial role in the diversification of the Nigerian economy due to its trade (exports and imports) facilitation role in enhancing value chain competitiveness. Thus, this article investigates the role of strategic change management (SCM) on the Nigerian Maritime Crude Oil Transportation Industry (MCOTI) within the context of Sustainable Development Goals (SDGs). Furthermore, the study finds that both managers and end users think a “radical change” rather than a “gradual change” is needed in the MCOTI in Nigeria. However, both managers and end users gave significantly different reasons for a radical change in the industry. For example, most managers argued that government intervention through deregulation, increased investment in technology, and trade facilitation infrastructural development are critical for the survival, restructuring, repositioning, expansion, and growth of the industry (in terms of ship registry and number of cabotage vessels in Nigerian coastal waters), whereas end users focused on product pricing and availability as well as increased opportunities for the vulnerable and economically disadvantaged
The land of black gold, corruption, poverty and sabotage:Overcoming the Niger Delta’s problems through the establishment of a Nigerian Non-Renewable Revenue Special Fund (NNRSF)
Through statistics published by the Shell Petroleum Development Company (SPDC), the paper explores why oilfield sabotage from 2009 to 2015 remains a problem in the Niger Delta, despite the 2009 amnesty programme. It explains why some of these incidents are a direct result of the failure to implement socio-economic development in successive state agencies due to corruption, a consequence of the natural resource curse. The article then explores why and how a Nigerian Non-Renewable Revenue Special Fund overseen by the United Nations Development Programme should be established which would not only manage a portion of oil revenue funds from the Niger Delta but also initiate valid social and economic projects in order to help reduce the prevalence of sabotage and instability in the region