IMPACT OF GEOPOLITICAL CRISES IN THE MIDDLE EAST ON PROCUREMENT EFFICIENCY IN NIGERIAN TERTIARY INSTITUTIONS: A REVIEW-BASED ANALYSIS
Abstract
This study examines the impact of geopolitical crises in the Middle East, with emphasis on Iran-related tensions, on procurement efficiency in Nigerian tertiary institutions. The study adopts a review-based research design, relying on existing literature, policy documents, and empirical studies on procurement, international trade disruptions, inflation, and higher education financing. Findings reveal that Middle East crises indirectly affect procurement through rising inflation, exchange rate volatility, increased logistics costs, and global supply chain disruptions. These factors reduce the purchasing power of tertiary institutions, delay project execution, and weaken procurement planning and implementation. The study concludes that Nigerian tertiary institutions are highly vulnerable to external geopolitical shocks due to overdependence on imported goods and weak local production capacity. It recommends strengthening local procurement capacity, improving budgetary flexibility, and enhancing strategic procurement planning to mitigate external shocks.
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