Browsing by Author "Igboanusi, Chinemerem"

Now showing 1 - 8 of 8
  • Thumbnail Image
    ItemOpen Access
    A business ecosystem’s model for harnessing Nigeria’s ocean economy
    (David Publishing, 2017) Onyemechi, Chinedum; Nwokedi, Theophilus Chinonyerem; Okeke, Okechukwu; Igboanusi, Chinemerem; Chikwendu, David
    The reassessment of ocean economy contribution of nations has become a new strategy for frontier states adjacent to the coastal region for the improvement of their position in the efficiency frontier curve. The continuity of a coastal state to remain a leader in the production and efficiency frontier curve of modern day development will thus depend on their ability to sustainably develop their most strategic economic resource base such as the ocean economy. The major economic bases include sustainable fishing, offshore oil field developments, offshore biodiversity development and marine biotechnology, offshore mining of manganese nodules, offshore wind farm potentials, international shipping (marine transport) and adjoining corridor development, ship dry docking potentials, marine renewable energy as well as other potentials outlined in the definition of African Union strategy for the development of her blue economy. Adopting the regression analysis and analysis of variance analytical tools, the study found that about 90% association exist between the GDP (gross domestic product) of the West African state (Nigeria) and her GDP. It equally found that offshore oil and gas energy sector more significantly impact on the GDP of Nigeria than other ocean economy business clusters. Given the various contributing marine environment business cluster used in the work, the model depicting the influence of the ocean economy of Nigeria is: Y = 2295334779895 − 29473X1 + 3436995749 − 5927686X2 + e.
  • Thumbnail Image
    ItemOpen Access
    A safety culture improvement model for West Africa’s offshore sector
    (Science Publishing Group, 2016-12-29) Onyemechi, Chinedum; Sule, Abiodun; Nnadi, Kenneth. U.; Igboanusi, Chinemerem
    Abstract: The work analyzed safety paradigms presently being applied in the solution of West Africa’s security and safety problems and proffered solutions based on improved safety culture principles. In the study the safety orientation attributes of offshore vessel operators in West Africa were measured with a view to improving safety in offshore support vessels, Floating, Production, Storage and Operations (FPSO) vessels operating in the region. The contributions of safety orientation to the greening of the blue economy were also analyzed. Also analyzed in the work were accident rates in the sub region in recent times. The work suggested methods for improving operating safety climate in West Africa’s maritime domain. The contributions of continuous learning as well as other safety paradigms were analyzed with a view to reducing accident rates inthe sector.
  • Thumbnail Image
    ItemOpen Access
    Assessment of simulator adaptability in West African Maritime Institutes: A data envelopment analytical approach
    (Juniper publishers, 2017-06-28) Onyemechi, Chinedum; Abiodun, Sule; Igboanusi, Chinemerem
    The work analyzed the role of simulators and technical laboratories in influencing curriculum development strategies of West Africa’s maritime educational sector. The application of IMO’s STCW requirements on simulator based education were also analyzed in juxtaposition with the educational programmes in the higher education maritime programmes of West African institutions. Development knowledge gaps were identified and recommendations made accordingly. The gains of implementing a port simulator training programme for the region’s expanding port sector were emphasized. The focus of the work remains creation of officers with shorter sea time exposure during training.
  • Thumbnail Image
    ItemOpen Access
    Benchmarking study of West Africa’s offshore support ship building and repair capability
    (Juniper, 2020-09-28) Onyemechi, Chinedum; Igboanusi, Chinemerem; Ezenwa, Anthony; Sule, Abiodun
    The work surveyed current position of most West African Ship building outfits through a benchmark study of the building and repair capabilities of these yards vis a’ vis the offshore ocean oil and gas production sub sector and posed a great need for massive investments derived from well-established methods like, diamond model. Recommended solutions include immediate revitalization of research on the subject areas of Ocean technology and Naval Architecture. Pathways for quick realization of this objective were based on the evolution of a new industry to academic model that draws from local content experience of advanced countries ocean technology ecosystem. An analysis of Nigeria’s shipbuilding drive was made using existing facilities in her shipyard sector. Application of assembly line system and the modular methods were analyzed to determine best techniques given existing facilities in the region. Benchmark study of the entire sector was made evolving new policy directions for the region’s rich oil sector.
  • Thumbnail Image
    ItemOpen Access
    Challenges of multimodalism in the West Africa’s trade corridor
    (U. P., 2020-09-07) Onyemechi, Chinedum; Sule, Abiodun; Igboanusi, Chinemerem; Ezenwa, Anthony
    The work surveys the intermodal improvement models applied in modern times to improve port supply chain systems for world’s busiest ports and assesses how West African ports especially the overtly congested port of Lagos can benefit from these improvement models. Different aspects of the port operations drivers were considered including the land side, the sea side and digital technology business ecosystem. An assessment of developmental pursuits of Nigeria’s central government for the port sub sector was analyzed and criticized. The findings shows that a system of development that fails to consider logistics and supply chain improvement models will achieve limited development. The work hitherto assessed Nigeria’s freight and passenger transport development models and found absence of linkage between the various modes, thus the proposal of an intermodal development option that links the road the rail and barge transportation alternative. The focus of the work not only proposes methods or the reactivation of the functionality of the Niger river presently dredged but unutilized, but goes ahead to design an intermodal alternative incorporating both road and rail transport alternatives. International best practices of countries already applying this model were applied. A model was built from the work based on multinomial logit model explaining the dependence of cargo throughput on two other variables drawn from Nigerias’ economy namely consumer price index and gross domestic product. An exponential increase was found in the variable gross domestic product based on multinomial logit model. The West African economy of Nigeria was advised to go multimodal based on the findings.
  • Thumbnail Image
    ItemOpen Access
    Port service quality study of Nigerian sea ports
    (David Publishing, 2017) Onyemechi, Chinedum; Amanze, Azubuike Chibuzo; Igboanusi, Chinemerem; Sule, Abiodun
    This study is focused on service quality assessment in the Nigerian ports with Western and Eastern port zones as study areas. It discovered the level of satisfaction derived by port users by evaluating expectations and perceptions at the ports using some selected analysis tools to test raised hypothesis. This evaluation was based on the service quality model as developed by Parasuraman within the core dimensions of Empathy, Responsiveness, Tangibles, Reliability and Assurance. The attributes of expectations and perceptions raised within these dimensions were addressed with two hypotheses. H1 (Hypothesis one) and H2 (Hypothesis two) were addressed with the results of Factor Analysis which identified the significance port users attach to service quality dimensions and their respective attributes.
  • Thumbnail Image
    ItemOpen Access
    Structural changes in the global transport chain: Implications for ports
    (Scientific Publishing House, 2018) Onwuegbuchunam, Donatus E.; Okeke, Kenneth O.; Igboanusi, Chinemerem; Ugboma, Ogochukwu
    Structural changes in trade and transport environment have come about in response to globalization of production centres, factors and consumption patterns coupled with technological advances in ship and shipping methods. The resulting demand pressure induced on supply chains means that supply chain partners must innovate to remain afloat. On the other hand, ports have been at the receiving end being a critical node in the supply chain. Through content analysis and review of extant literature, the structural changes in the global transport chains were assessed to determine their broad implications on ports. The findings suggest that ports must adopt proactive measures aimed at accommodating strategic interests of shippers and shipping lines/carriers which constitute their major supply chain customers. In line with previous studies, this paper makes a case for adoption of efficiency measures in ports for sustained viability given the prevailing fluid transport environment.
  • Thumbnail Image
    ItemOpen Access
    The performance of marine insurance firms in Nigeria: An augmented SWOT aalysis
    (Science Publishing Group, 2017-12-27) Onwuegbuchunam, Donatus Eberechukwu; Igboanusi, Chinemerem; Ogwude, Innocent Chuka
    The performance of Nigeria insurance industry has been ranked below global standards and which ranking has implications on risk management in the maritime shipping sector. In this paper, the performance and operating environment of a sample of insurance firms (with marine risk portfolios) were empirically examined. Secondary data on earned premium income, indemnity paid, management expenses and total expenses representing performance indices of these firms over a period from 1974-2013 were collected for analysis of their operational performance. Qualitative data were also extracted from existing literature for Strengths, Weakness, Opportunities and Threats (SWOT) analysis to determine the attributes of operating environment of the insurance firms. An Analysis of Variance (ANOVA) model tests on the performance indices showed that the insurance firms earned more premium than indemnity paid out during the study period. Their management expenses however, exceeded amount of indemnity paid. In terms of challenges facing the firms, the SWOT analysis revealed prevalence of poor quality service delivery to insurance customers, customer distrust, inadequate technical manpower and unfavourable macro-economic environment. Prospects for growth of the industry were found favourable due to introduction of local content policy/cabotage shipping Acts and upgraded risk management framework. The paper recommends that more specific policy interventions be directed at complete removal of impediments in the operating environment of marine insurance firms since their performance outcome has implications on viability of shipping and related maritime businesses.