Unlocking Nigeria’s potential: experts’ opinion-based insights on the economic impact of logistics challenges

Abstract

From the age of the Silk Roads to industrialisation, countries with effective logistics systems have thrived economically. Despite being Africa’s largest economy, Nigeria suffers from logistical inefficiencies that deter foreign investors, inflate costs, increase operational expenses, reduce revenue, and lower productivity. This study examines Nigeria’s logistics challenges and their economic effects through qualitative analysis. It draws from literature-informed semi-structured interviews with eight senior experts totalling 62 years of experience. Using thematic analysis and axial coding, findings were triangulated with secondary data to ensure validity and contextual accuracy. Findings reveal that poor infrastructure, insecurity, financial instability, unstable policies, high petroleum costs, port congestion, and inadequate logistics technology and human resources significantly hamper Nigeria’s growth. The study proposes investing in infrastructure, integrating advanced logistical tools, and comprehensive employee training to mitigate these challenges. This research offers valuable insights for managers and policymakers, emphasising the need to address these issues for economic improvement.