Determining Benchmarks for Cargo Throughput Performances of Privatized Seaports in Nigeria

Nwokedi Theophilus C, Chukwuemeka Ezembu, Gbasibo Lawrence Addah and Nwoloziri Chinyeaka Nwokodi
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Nwoloziri Chinyeaka Nwokodi: Department of Maritime Management Technology, Federal University of Technology, Nigeria

Organic & Medicinal Chemistry International Journal, 2019, vol. 10, issue 1, 17-26

Abstract: There exists the challenge of seeming lack of empirically determined cargo throughput benchmark models for the privatized West African port terminals particularly in Nigeria, as target benchmarks which terminal operators and port authorities must drive towards to ensure that the current improvement in port productivity experienced in the post concession era is sustained. The study was therefore aimed at developing benchmarks for the cargo throughput performances of the privatized five Nigeria ports of Apapa (Lagos), Port-Harcourt, One, Warri and Calabar. Such benchmarks developed for each seaport must be higher than the pre-privatization cargo throughput performances of the seaport. This became important following the improvements observed in the cargo throughput performances of the various ports from the year 2006 after the privatization of the ports and the recent recession faced in the Country which seems to have retarded the cargo throughput performances and other measures of seaport performance in the various Nigeria ports.

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Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:adp:jomcij:v:10:y:2019:i:1:p:17-26

DOI: 10.19080/omcij.2019.10.555780

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