http://irepo.futminna.edu.ng:8080/jspui/handle/123456789/3689 2026-05-02T04:14:18Z 2026-05-02T04:14:18Z Adebayo, Tayo Moses Oni, Babatope Gabriel Ojekunle, Joel Ademola Okeleke, Uka John Ohida, Muhammed Etudaiye http://irepo.futminna.edu.ng:8080/jspui/handle/123456789/30734 2026-04-30T18:21:25Z 2023-12-01T00:00:00Z

Title: Analysing the impact of logistics efficiency in Nigerian seaport on global trade competitiveness Authors: Adebayo, Tayo Moses; Oni, Babatope Gabriel; Ojekunle, Joel Ademola; Okeleke, Uka John; Ohida, Muhammed Etudaiye Abstract: The performance of Nigeria in global competitiveness ranking shows that it faces logistical challenges in trade. Consequently, the purpose of this paper was to analyze Nigerian seaports' logistics efficiency in relation to trade strategy for global competitiveness. The paper assessed Nigeria's global trade competitiveness by analyzing the processing of various seaport clearance sub-systems, including Form M, Pre-Arrival Assessment Report (PAAR), Assessment of Duty (AD), Payment of Duty (PD), Examination (E), Custom Release (CR), and Delivery (D).The paper used a questionnaire survey to gather data on 23 Nigerian manufacturing firms listed on the NSE between 2010 and 2019 that regularly import cargo via Lagos seaports. Regression analysis conducted with SPSS showed that the cost of seaport clearance, which measured Nigeria’s global trade competitiveness has a high positive association (r=0.575) with the Form M number of agencies involved having a statistically significant influence (p=0.042)among other variables. It appears that the average cost of seaport clearance increases by N 119,878 for each extra Form M agency involved.The results above make it abundantly evident that Nigeria's competitiveness in global trade is impacted by seaport logistics, particularly with regard to the clearing system. Therefore, one way to increase Nigeria's competitiveness is through effective seaport logistics. Effective seaport logistics can lower trade costs, making Nigerian goods competitive on the global market and vice versa.

2023-12-01T00:00:00Z Adebayo, Tayo Moses http://irepo.futminna.edu.ng:8080/jspui/handle/123456789/30652 2026-04-28T17:52:56Z 2025-01-01T00:00:00Z

Title: Transport Subsidies and Social Benefit in Nigeria: A Policy-Level Conceptual Analysis Authors: Adebayo, Tayo Moses Abstract: Although transport subsidies are intended to promote equity and accessibility, Nigeria’s heavy reliance on universal fuel subsidies has produced regressive outcomes, fiscal inefficiency, and limited social impact due to poor targeting, weak governance, and the absence of an integrated, transparent, and inclusive subsidy framework. Transport subsidies represent one of the most contentious instruments in mobility policy, oscillating between poverty alleviation, equity enhancement, and fiscal unsustainability. This paper undertakes a conceptual review of global and Nigerian experiences to examine how and for whom transport subsidies generate social benefits. The review identifies gaps in integrating fuel and transport subsidies into a unified social-welfare framework, in gender- and disability-sensitive evaluations, and in assessing alternative instruments such as mobility vouchers. The paper proposes a reorientation toward transparent, impact-driven subsidy models that prioritise accessibility and equity, offering actionable lessons for Nigerian transport policy. Drawing on welfare economics, transport justice, and political-economy frameworks, the analysis highlights that subsidies can correct market failures and expand accessibility, but only when targeted, transparent, and aligned with equity objectives. International evidence from London, Oslo, and Nairobi demonstrates that technology-enabled and performance-based subsidies improve affordability, labour-market participation, and environmental outcomes. By contrast, Nigeria’s heavy reliance on universal fuel subsidies—absorbing up to 2% of GDP—has proven regressive, disproportionately benefiting higher-income groups while eroding fiscal space for pro-poor investments. Public transport interventions, such as the Lagos BRT and Abuja Unity Bus, deliver measurable gains but remain constrained by scale and governance weaknesses.

2025-01-01T00:00:00Z Adebayo, Tayo Moses Oni, Babatope Gabriel anozie, Regina Nkechinyere Oluwakoya, Oluwafemi Adeniyi http://irepo.futminna.edu.ng:8080/jspui/handle/123456789/30648 2026-04-28T17:23:52Z 2025-01-01T00:00:00Z

Title: INFLUENCE OF COST AND TIME OF TRANSPORTATION ON BUSINESS PERFORMANCE OF MULTINATIONAL ORGANISATIONS IN NIGERIA Authors: Adebayo, Tayo Moses; Oni, Babatope Gabriel; anozie, Regina Nkechinyere; Oluwakoya, Oluwafemi Adeniyi Abstract: The goal of this study is to demonstrate how transportation costs and time affect multinational business organisations by assessing how freight clearance variables (cost and time) and inland transport factors (cost and distance) affect the financial performance (sales costs and turnover) of multinational organisations in Lagos and Ogun states, Nigeria. The study utilised a questionnaire survey for primary data collection, while secondary data was sourced from the annual reports of the sampled firms. The study focuses on eight manufacturing organisations selected from listed companies between 2010 and 2019 that regularly transport goods via the maritime mode of transport. The study employs SPSS to perform multiple regressions on the eight manufacturing organisations and finds that freight clearance variables (cost and time) have a negative impact on sales costs between 2010 and 2019, while inland transport factors (cost and distance) have a positive effect. Furthermore, the research demonstrates that whereas freight clearance variables (cost and time) have negative effects on turnover, inland transport variables (cost and distance) have positive effects. The study indicates that minimising freight clearance costs and time could significantly enhance the performance of Nigeria's multinational business organisations. Similarly, reducing inland transport costs and adjusting port-business time can significantly improve Nigerian businesses' performance.

2025-01-01T00:00:00Z Adebayo, Tayo Moses Oni, Babatope Gabriel Ojekunle, Joel Ademola Uka, John Okeleke Muhammed, Etudaiye Ohida http://irepo.futminna.edu.ng:8080/jspui/handle/123456789/30647 2026-04-28T17:23:10Z 2023-12-01T00:00:00Z

Title: Analyzing the Impact of Logistics Efficiency in Nigerian Seaports on Global Trade Competitiveness Authors: Adebayo, Tayo Moses; Oni, Babatope Gabriel; Ojekunle, Joel Ademola; Uka, John Okeleke; Muhammed, Etudaiye Ohida Abstract: The performance of Nigeria in global competitiveness ranking shows that it faces logistical challenges in trade. Consequently, the purpose of this paper was to analyze Nigerian seaports' logistics efficiency in relation to trade strategy for global competitiveness. The paper assessed Nigeria's global trade competitiveness by analyzing the processing of various seaport clearance sub-systems, including Form M, Pre-Arrival Assessment Report (PAAR), Assessment of Duty (AD), Payment of Duty (PD), Examination (E), Custom Release (CR), and Delivery (D).The paper used a questionnaire survey to gather data on 23 Nigerian manufacturing firms listed on the NSE between 2010 and 2019 that regularly import cargo via Lagos seaports. Regression analysis conducted with SPSS showed that the cost of seaport clearance, which measured Nigeria’s global trade competitiveness has a high positive association (r=0.575) with the Form M number of agencies involved having a statistically significant influence (p=0.042)among other variables. It appears that the average cost of seaport clearance increases by ₦ 119,878 for each extra Form M agency involved.The results above make it abundantly evident that Nigeria's competitiveness in global trade is impacted by seaport logistics, particularly with regard to the clearing system. Therefore, one way to increase Nigeria's competitiveness is through effective seaport logistics. Effective seaport logistics can lower trade costs, making Nigerian goods competitive on the global market and vice versa.

2023-12-01T00:00:00Z