ABSTRACT
The Nigerian maritime industry is dominated by foreign shipping
companies. The foreign firms dominated over 95% of the activities
whereby, rendering the indigenous companies useless and non-active.
However, these have resulted to many companies to go underground
since they cannot participate or complete favourably with the foreign
companies. As a result of this, Nigeria loses billion of naira annually
though capital flight which has affected the economy negatively.
Nigeria is an import oriented country and 90% of her cargo comes in
through the sea. As a result of this led to the investigation on ways which
Nigeria can participate actively in shipping trade.
The methodology of this study explained the steps that were taken in the
course of the research. Data collection was through questionnaire, oral
interviews, personal observation and survey of existing documents and
data collection were analyzed and arranged in simple average table,
percentages and charts, chi-square method of data analysis was used
to test the observations.
After the presentation and analysis of data, it was discovered that there
was a need for an effective participation of the indigenous shipping
companies in lifting cargo. It is believe that this research will go a long
way. In enhancing the participation of the indigenous shipping
companies, if attention is given to recommendation.
African Research, R (2021). An Assessment Of Activities Foreign Shipping Lines In Nigeria (Case Study Of Seereederei Baco Liner Gmbh). Afribary.com: Retrieved April 14, 2021, from https://afribary.com/works/an-assessment-of-activities-foreign-shipping-lines-in-nigeria-case-study-of-seereederei-baco-liner-gmbh
Resources, African Research. "An Assessment Of Activities Foreign Shipping Lines In Nigeria (Case Study Of Seereederei Baco Liner Gmbh)" Afribary.com. Afribary.com, 05 Apr. 2021, https://afribary.com/works/an-assessment-of-activities-foreign-shipping-lines-in-nigeria-case-study-of-seereederei-baco-liner-gmbh . Accessed 14 Apr. 2021.
Resources, African Research. "An Assessment Of Activities Foreign Shipping Lines In Nigeria (Case Study Of Seereederei Baco Liner Gmbh)". Afribary.com, Afribary.com, 05 Apr. 2021. Web. 14 Apr. 2021. < https://afribary.com/works/an-assessment-of-activities-foreign-shipping-lines-in-nigeria-case-study-of-seereederei-baco-liner-gmbh >.
Resources, African Research. "An Assessment Of Activities Foreign Shipping Lines In Nigeria (Case Study Of Seereederei Baco Liner Gmbh)" Afribary.com (2021). Accessed April 14, 2021. https://afribary.com/works/an-assessment-of-activities-foreign-shipping-lines-in-nigeria-case-study-of-seereederei-baco-liner-gmbh