Call for Papers : Volume 15, Issue 11, November 2024, Open Access; Impact Factor; Peer Reviewed Journal; Fast Publication

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POTENTIALS OF INTER- COASTAL MOVEMENT OF GOODS IN SELECTED LOCAL GOVERNMENT AREAS OF AKWA IBOM STATE

Nigeria as a country has six major seaports, many jetties and untapped potential local beaches across her inland water ways. It has been asserted that the cargo throughput plays a significant role in economic development of any nation. This assertion calls for the examination of exchange of goods between Nigeria and her neighboring countries so as to determine the balance of trade. Therefore, this study has been set out to examine the movement pattern of trades along the coaster areas of Oron, Ibaka, Ebughu Esuk Inwang, and Esuk Uyung boat terminals in Awka Ibom State, Nigeria. The movement pattern of variety of cargoes was observed at the selected coaster areas intermittently for 10 times within the year 2015- 2019. Again, the cost values for both inbound and outbound cargoes were taken by converting the unit cost price during the period under review. The estimated population of the beach markets was 3892. Yamane formula was used to get the sample size of 363 while using cluster and incidentalsampling techniques to administer well-structured questionnaires. The unit conversions of contra-bound and un-quantified cargoes through questionnaires were made by observations. The movement pattern of cargoes was determined using descriptive analysis. The results revealed that Nigeria has been a huge market for neigbouring countries and activities of coaster trades are not properly regulated. This study concluded that there are untapped revenues for Nigeria and pointing to the fact that, the activities of coaster trades movement should be regulated by government as this can generate income, employment and industries if harnessed across Nigerian jetties and inland waterways.

Author: 
Adeyanju John Aderemi and Adepoju Olusegun Onifade
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Journal Area: 
Social Sciences and Humanities