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Notes 1. Motorboats, as used in this article, refer to the collection of all marine boats that make use of outboard engines, including those ones whose bodies are fabricated by local people using hard woods.

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They are the same thing as speedboats or powerboats. Blue economy has to do with both the exploitation and preservation of ocean or marine environment for sustainable utilization. Thekry is a common practice in Nigeria where assets, Broken Window Theory be purchased in future, are paid for in installment for those who have no resources to pay for them at once.

In most cases, those who have the money procure those assets and release same for others who pay in installment at a higher price; often doubling the market price.

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Ownership of such asset is only transferred to the hire purchaser when they complete the payment. This was the estimate operators of these boats revealed they make in a day. This was observed by many respondents during the FGDs.

Broken Window Theory

Doctoral Thesis. Rev Afr Polit Econ.

Broken Window Theory

J Hum Ecol 30 2 — Africa Review 11 2 — Accessed 8 May Brickstone Private sector participation in Nigeria maritime industry. Accessed 3 June Bruwer C Transnational organized crime at sea as a threat to the sustainable development goals: taking direction from piracy and counter-piracy in the Western Indian Ocean. Africa Security Review.]

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