Expert warns against militarisation of maritime industry

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 94%

Canada News News

Renowned United States maritime and security expert, Prof. Alfred Oniye, has raised concerns about the detrimental effects of excessive

military presence in Nigeria’s maritime industry.

He explained that frequent security operations, checkpoints, and potential clashes disrupt business operations and supply chains, creating an environment perceived as high-risk or unstable. The maritime security expert noted that investors might be apprehensive about the safety of their assets and personnel, and the potential for conflict escalation.Such perceptions, he argued, are likely to discourage long-term investments in the industry.

“Excessive military control can undermine investors’ confidence in legal systems and property rights. Investors prefer environments where their rights are safeguarded, contracts are enforceable, and disputes are resolved fairly,” he stated.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA

Canada Canada Latest News, Canada Canada Headlines