DECARBONIZING MARITIME LOGISTICS IN NIGERIA’S OIL AND GAS SECTOR: BUSINESS MANAGEMENT STRATEGIES AND TECHNICAL POLICY IMPLICATIONS FOR SUSTAINABLE GROWTH

Abstract

Maritime logistics are important to maintaining functional links for Nigeria’s oil and gas operations and contribute significantly to the economic growth. However, it faces many challenges related to rising carbon pollutants, inefficient operations, and deteriorating infrastructure quality. Therefore, the study evaluated the impact of business management strategies and technical policy implications on Nigeria's sustainable growth and decarbonisation of maritime logistics. The study was conducted using questionnaire developed on five point and PLS-SEM was used to conduct the analysis. The findings revealed that the sustainable initiatives, technology and operational efficiency have positive and significant impact on sustainable growth. Adoption of green technology and meeting regulatory compliance do not make a difference to sustainability.